Swingtrading is better than intraday.

[Nobert]

good attempt to tell us what you think / feel about swing trading.

For me, it is just the reverse.
day trading is much better than swing trading.
I hate swing trading. Swing trading is like taking one step forward,
and multi steps backward.


anyway, if swing trading works for you, by all means do continue using it.

If you would have to write a reverse, list like that ( like TTT did ), with multiple, ,, negative '', points, how it would look like, could you give a short example on that ?

 

[maxinger]

If you would have to write a reverse, list like that ( like TTT did ), with multiple, ,, negative '', points, how it would look like, could you give a short example on that ?

• Swing trading is much less stressful than day trading.

--->

• day trading is much less stressful than swing trading.

 

[cvds16]

it's a personal thing: I myself find daytrading much less stressful than swingtrading. To come up with a good system for daytrading is however much more stressful.

 

[Nobert]

• Swing trading is much less stressful than day trading.

--->

• day trading is much less stressful than swing trading.

thanks.

 

[qlai]

negative '', points,

One of the positives for day trading is the time needed to see if you got edge. Assuming you are active and use proper money management, maybe a month or two. For swing and higher, you need years. We have had ten years where buying the dip and HODL worked ... was that an edge?

 

[schweiz]

One of the positives for day trading is the time needed to see if you got edge. Assuming you are active and use proper money management, maybe a month or two.

Didn't you tell me a few days ago that 1,000 trades in 2 years were not enough for a daytrader?

I am not arguing against your system in particular, but two years is not long time and most likely during same regime. Probability of coin flip is 50/50, but it doesn't mean you will get a head afer a tail. I agree with @iccenuol, the only thing we can control is our actions, the rest is up to chance even if you have statistical edge. The only exceptions are - there's a real reason behind the move (hard edge) or you are causing the move (created edge) or inside knowledge (inside edge). If you could rely on your statistical edge, you would make unlimited amount of money.

 

[qlai]

Didn't you tell me a few days ago that 1,000 trades in 2 years were not enough for a daytrader?

It's like 2 trades a day, no? So yes, would need more time than two months, imho. Didn't you change it to two decades?

 

[schweiz]

It's like 2 trades a day, no? So yes, would need more time than two months, imho. Didn't you change it to two decades?

I tested on 2 years data, but trade already 2 decades the same system. And results are like they showed in the stats of the initial tests. So the 2 years test with 1,000 trades was relevant enough I think. 1,000 trades are, to me, in daytrading enough as I traded all kinds of markets. Trading intraday by only going long would have given far worse results, so the argument that we are already years in one big long is not valid. I think I had almost as much shorts as long in that test.

 

[qlai]

So the 2 years test with 1,000 trades was relevant enough I think. 1,000 trades are, to me, in daytrading enough as I traded all kinds of markets.

And for every system for which 2 year sample is enough, there are 10 which turn to crap trading live, don't you think? I wouldn't be surprised if you had some of those during your research years. In any case, what do you think is relevant sample size for swing trading?

 

[Nobert]

One of the positives for day trading is the time needed to see if you got edge. Assuming you are active and use proper money management, maybe a month or two. For swing and higher, you need years. We have had ten years where buying the dip and HODL worked ... was that an edge?

Never thought that way. For real, obvious.

With my demo and paper journal to reflect, via scalping attempts ect, i did, for the past 6 months, on avarage, 800 trades a month.

Now that you mentioned this, a memmory came from chat with traders channel interview, about guy who went long before the .com bubble, in a fact, all of their members/traders ( prop firm maybe ? ) did the same as well. When the bubble bursted he realised that his ,,strategy'' ( buyn the dips ) was nothing but an illusion and* for 2 yrs or so, he couldn't be profitable, he almost reached a point where his wife told him ,, darling, you need a job''.

Thanks qlai.