Who Thinks Swing Trading is Dangerous?

Overnight said:
How about that 4089 target that was hit midnight last night? Swing trading sux that way.
More...

seated-buddha-in-a-lotus-pose.jpg
 
Just a brief update. My previous trade was long from 4077. That trade was stopped out at 4053 and, as a result, I flipped from long to short. This trade will close at either 3966 (PT) or 4065 (SL).

upload_2023-2-21_12-15-43.png
 
schizo said:
Just a brief update. My previous trade was long from 4077. That trade was stopped out at 4053 and, as a result, I flipped from long to short. This trade will close at either 3966 (PT) or 4065 (SL).

View attachment 306930
More...

Bro…u said u have scalping for more than 10 years. were u profitable or not? if yes, stick with what you know and what you do best. don't fix if it ain't broke. U can’t change who you are.
 
Last edited:
Why not breakeven that entry if you're still inclined to hold short? Tomorrow is FOMC minutes and they'll either help you or stop you out.

Since you like charts, I'll share one. To me, it seems like we're coming into support and a round number here. There could of course be more juice left, but I would be cautious as a short here.

upload_2023-2-21_22-8-36.png
 
Laissez Faire said:
Why not breakeven that entry if you're still inclined to hold short? Tomorrow is FOMC minutes and they'll either help you or stop you out.

Since you like charts, I'll share one. To me, it seems like we're coming into support and a round number here. There could of course be more juice left, but I would be cautious as a short here.

View attachment 306946
More...
I thought you don't do TRENDLINES!!! :sneaky:

Anyway, I'm not transferring anything from my day trading to swing trading. This will be a new paradigm shift! Grrrr! :cool:
 
vincentnyc said:
Bro…u said u have scalping for more than 10 years. were u profitable or not? if yes, stick with what you know and what you do best. don't fix if it ain't broke. U can’t change who you are.
More...

Follow the crumbs…schizo was getting chopped to pieces flipping in and out…(albeit from my observation the real damage was during extreme low liquidity eth algo churns)…he had the main direction correct from the early jan lows, but that’s essentially why chopping up on the way higher changes people into the desire to swing…
 
schizo said:
What makes you say that?
More...

The mindset…it’s a very difficult transition with outrights to sit tight on winners and also sit tight as your positions run against you (without tagging the stop loss)…toss in the tendency for index futures to go thru extended chop and slop periods and it can become mentally exhausting

Personally, I’ve gone between outrights and options spreads over the years (flies/verts, etc) to try to mitigate the problems inherent with a scalper mindset trying to “swing” or position trade
 
hipster ned said:
Follow the crumbs…schizo was getting chopped to pieces flipping in and out…(albeit from my observation the real damage was during extreme low liquidity eth algo churns)…he had the main direction correct from the early jan lows, but that’s essentially why chopping up on the way higher changes people into the desire to swing…
More...
So I got chewed up flipping ETH? That's why I switched to swing trading? LOL
I find your assertion pretty funny, but I'll let it go at that.
 
You must log in or register to reply here.
Back
Top