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MACD/Trendline Swing Trader
- Thread starter retire45
- Start date
Its funny.. you went from being a swing trader to a day trader. I think swing trading is crazy because of the volatility right now and you are probably doing the right thing by day trading.
In a trending market I still firmly believe a Swing trader will beat most day traders. However it is looking to me like a really good daytrader can do very (trading the right markets) regardless of the market type given the added leverage available intraday... The added leverage used properly can more than overcome the occasional swing trader benefit.. the opening gap.
Even when I was "Swing Trading" I always had a tendency to daytrade so I am predisposed to it... Ultimately a hybrid probably works best as each method helps the other... Oddly, intraday charts look a lot like Dailies with the same setups except the gap risk is eliminated..
Even when I was "Swing Trading" I always had a tendency to daytrade so I am predisposed to it... Ultimately a hybrid probably works best as each method helps the other... Oddly, intraday charts look a lot like Dailies with the same setups except the gap risk is eliminated..
You know you underperformed when the SP500 beats you percentage-wise...
As is known healthy uptrends never contain 10% up Dow days.. They grind up with no one noticing.... That said, current downtrendline broken.. soooo we have stopped dropping for now... I think somehow we find a way to mid 980's. For now will be long around 930 hoping we are soft in the Morning..
As is known healthy uptrends never contain 10% up Dow days.. They grind up with no one noticing.... That said, current downtrendline broken.. soooo we have stopped dropping for now... I think somehow we find a way to mid 980's. For now will be long around 930 hoping we are soft in the Morning..