Swing trading gold reddit Stick with a 1:2 ratio for now, or you can even go with a little less ratio than that. And to determine risk it would be 1$ yes but you can use a forex risk calculator online for a different amount. I backtested a lot, both in normal charts and the replay thing in TradingView. Sell high and buy low strategy. You don't swing trade unless it is your full time gig and that is what you are doing for a living. I swing trade and realistically speaking I only need 1 good trade per week. The RSI when both over sold and overbought from before the most recent big really back all the way to 2016 provided a 80% win rate. I want a brokerage that is reputable with robust data for fundamental and technical analysis. I've tried. I noticed that swing trading and day trading tends to be more successful. One of the best stock and options trading chatroom. I’m Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Study different trading strategies, and understand both technical and fundamental analysis. rinse and repeat. No problem. Like any trading strategy, swing trading involves risks, and success depends on In this reply to @Dkpdkp requesting an update on the precious metals yesterday (click to view charts), I highlighted the simply yet effective pattern of actively swing trading the Trade Management: If trade reaches 1:1 reward-to-risk ratio, move stop loss to breakeven. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. The Real Housewives of Atlanta; The Bachelor; Sister Wives; 90 Day Fiance; Wife Swap; The Amazing Race Australia; Married at First Sight; The Real Housewives of Dallas Technical Analysis of Stock Trends is one of my favorites. 07 $34 to $1,000+ If you follow and pay attention to futures, like gold, oil, gas and such. Get the Reddit app Scan this QR code to download the app now. My biggest Gold Trade was last Friday . do not trade bigger amounts unless after 12 month you are at least at break even. What do you think about faking this kickoff? Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Got a little bit familiar with the market back then. Positional trading is King. Gold is actually very enjoyable to trade, it respects trendlines very much. There is no way to purchase VIX with high fidelity. I feel like I am still guessing and the losses and profits are rather random. Looking at getting back into Swing Trading after a couple year break from activity. Swing trading, you should be looking at the monthly, weekly, and daily candlesticks for structure and possible zones or prices for buying or selling. 19 2024 The Federal Reserve cut its key interest rate by 0. Before trading in forex, the first step is to thoroughly educate yourself. Never hold a large position into an earnings report without a profit cushion equal to the implied move. Charts are the only "physical" information that we have to rely on and despite what some people on reddit say TA is very reliable once you become advanced at it. Worth a check if you like penny stocks to. Or check it out in the app stores   Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Sample of their alerts. FTNT swing trade. read a lot of books about trading and start with 20usd trading account. 07. Holding overnight is REALLY fucking stressful Welcome to FXGears. I’ve found that when I’m I exclusively swing trade and do it full time, here's what I would recommend to a beginner from my experience. I've found it works better swing trading based off longer term resistance patterns. Hey TV, why not add a feature that alerts when a stock is halted?? r/FuturesTrading is a place to discuss futures, commodities, etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Silver's going to run somewhere up around $700 There's no stopping what's coming. Anyone Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Today I’m buying gold at 1720and selling at 1717. You could (imo) say that someome who enters a trade on 15min and keeps the trade for many hours without holding overnight, is swing trading within the day. And that might be more viable for you. i use regular candle sticks for scalp trades. I’ve seen that crude oil and gold seem to have the most volume of the non-index micros. as a pro trader, swing trading is macro so if the macro is in ur direction, then the night before u scan for your trades setup and plan what u are gona take (micro). How did I know when I needed to sell? When I needed the money, I The more common method to trade gold would be swing trading gold, meaning taking longer positions in the commodity. Learn to trade the stock market Welcome to FXGears. After a year of day trading, I’m down about 20% but my swing trades I’m up 45%. My most profitable trades with gold are swings and tbh that's really the only way to trade it unless you are a very fast scalper otherwise you'll get ripped to shreds with how volatile it has been the Welcome to FXGears. Same approach in all markets, which I have been using in about 34 years of futures and futures options trading experience. Its not specifically about swing trading, yet explains the psycology behind patterns, support/resistance, etc. Use reputable resources like online courses, brokers to build your I work through my list of swing trade stocks every 30 days. You can easily figure out what to swing trade. Liquidity. As a swing trader, fundamental analysis is completely irrelevant to any of my trading. After swing trading for about 2 full years and spending lots of hours learning/practicing, I'm still struggling. It is a calculation based on the prices of options on the S&P 500, not just their aggregated prices in the way that the S&P 500 index is an aggregation of the stocks that it references. ETF’s in general are more for long investments and not great for ideal swing trading unless you find ones like BOIL and KOLD that go against each other for natural gas. Or check it out in the app stores   1987 winner with +11,000% gain in a year, includes some swing trading. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Say you have a tested swing trading strategy with a 1:1 RRR and a 70% hit rate. (possiby 5 at the highest) because if youre not looking at it and it pulls against you as soon as you get in it can screw your position up fast. You might want to learn and use RSI divergence in trading gold. com's Reddit Forex Trading Community! Here you can converse about trading Position day trading IMO is harder than swing trading because you are capturing large moves every day, while swing traders simply capture one move every few days to a week. These are fucking gold mines. So, if gold is trading for about $2,000 per ounce, each futures contract is $200,000 in value. Literally the same concept as scalping just a little different and slower Canadians interested in investing and looking at opportunities in the market besides being a potato. Somehow it feels like it's a good mix of all strategies I've mentioned above. It seems like there is a minimum balance needed to trade gold ? Anyone have more success with swing trading and gave up on day trading all together? This reddit community is about building boards from wood laminated in a press, glued together from pieces or constructed of plywood. Now I'm wondering if it's a viable strategy to make good or satisfactory amount of extra money on daily basis. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! While you have even less swing trading opportunities than day trading opportunities, when you actually find that long term trend, a precise entry and exit isn’t really that All stocks have some level of volatility, and with that 1:4 ratio, your stop loss will stomp you out from basic volatility. 25% and signaled a cautious approach to further cuts. I don't want to buy Gold at this moment at these high prices, so I am looking for other super-safe options now. I know it takes a long time to learn and have the patience for slow and steady. No way, 5-10 is far too few to look at. Making $600 profit so far today . Risk Tolerance and Capital Allocation. or stream on YouTube Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. If you just started day trading, you'll understand in a month two. With my main swing trading methodology, I will typically trade a given market about 6-8 times in a year. What if i told you that there is a live streamer who publicly bought the weekly highs twice and sold the weekly bottom on gold. I wouldn’t man, the market is very manipulated right now, huge pumps and dumps in a matter of hours. Just do the same thing but on the larger timeframes. Share futures trading insight, tips, and your trades! Hi guys, I'd like to try trading Gold/XAU . 530 pips still can If you're trading options on the day of expiration for example, you REALLY should be entering based off a small time frame such as the 1 or 2 min. A pleasant and functional UI. Want to trade gold? This swing method is straightforward, effective, and perfect for beginners. The only setup that I have traded has been I use price action and swing analysis as my primary approach, supplemented with 2 types of time cycle analysis. Divergence really help me a lot you just need to master price action confirmation to enter a position. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! When trading on a grid you catch every swing available. It's very short. Usually there is good volume and volatility for one or two trades in the M1 or M5 charts. How to analyze the market For the rest, regarding the graphical platform and the way of analyzing the markets, a swing trader first tries to define the general trend of the financial instrument . Futures Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Never risk more than you can expect to gain on average (based on your stats). ). Dad did with gold stocks in the 80s. I also trade other high volume stocks like Palantir, Mara, Intel. I used to stare for hours at a screen watching crappy stocks move like . day trading / if u can spare a few hours within a day to place 1-2 trades. My top option is 25 Year+ US treasuries via GOVZ ETF. you can miss certain patterns with just heikin ashi. Trying to get cute. Sifting through reddit can be very Get the Reddit app Scan this QR code to download the app now. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! Gold Swing Buy Charts and Setups I have been trading 6+ years, after experimenting with day-trading for 2. That channel is gold,,,you dont have to buy anyhting he offers, take you time,,dont rush ,,,make crazy notes and screenshots,,rewatch ,,,study and If you trade a standard less volatile stock you wont have as strong of an emotional response and will be able to think more clearly and level headed which will teach you how to trade like a robot. I've been much more successful either The reason you don't hear about people making a living swing trading is because compared to day trading, swing trading and position trading setups take a lot less time. The best time to swing trade (bullish swing trades) is after a market dip, and you see SPY has formed support. Good luck. This turned into a big loser. /r/GuildWars2 is the primary community for Guild Wars 2 on Reddit. You can find most of the information found in this course in the infamous "kewltech" blogs from 10 years back. To be fair though, you are taking more risk with this strategy. However, I’m not sure that the micro crude oil or micro gold futures have enough volume to day trade. I'm getting better at buying stocks that even if they drop significantly, I sleep well at night, avoiding meme stocks. Holded from 61 to 00 since the 16th until today. However, when you do this, don’t focus on one trade – focus on your portfolio as a whole. so keep grinding with 20 bucks for a year and you will enjoy all the emotions of trading. not a swing trader, more of a learning to become a day trader, but i'd hazard that things you learn in day trading also would apply to swing trading but just on a higher timeframe? for example, i'm sure you've learned of support and resistance zones, trend direction of higher highs and higher lows for uptrend and lower highs and lower lows for downtrend, candlestick patterns, etc. Same applies to some gold mines with the price of gold. I primarily swing trade off of daily and half day charts, using price action and time cycle analysis. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! r/FuturesTrading is a place to discuss futures, commodities, etc. But there are some good traders out there, I'm a huge fan of Dr. It is not an asset that an ETF could hold for you. It just is what it is. Like its really good. i personally use the 1 or 2 min as my entry, BUT only if the 15 min is showing me a solid Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. A Reddit for Machinists of all varieties. I have did swing trade with GOLD in the past. if you manage Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. They don’t come on Reddit and complain about day trading being BS on a day trading subreddit. 5 years, I am moving most of trades back to swing trading. Look at OVV, a position I was in profit on but kept on as a swing to balance out shorts in my portfolio. Every time you get a confirmation of your trade pattern, you place the trade with your 1:1 SL/TP And yes, it is far less stressful, and also allows me to work fulltime in IT, or chat and/or answer questions on Reddit. I tend to price action trade and want to be more technical in my trades and thats how I want to approach swing trading. The reason swing trading doesn't work is because of daily 5% rules, swaps and higher spreads during market open time. I'm looking at jr oil on the TSX. Under $12, some under $5. So I am a swing trader and I use s*****c settings length x x x settings for swing trading along with *s*. They have a tendency to bounce lower and higher as the oil price changes. . FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Welcome to FXGears. 15 in a day. Yes indeed. The best predictor of future behavior is past behavior. S. Learning patience for swing trading can be hard, but in the begining imo it's more important to get a lot of experience and you do that by taking 1-2 trades a day instead of 1 trade every few days. Be observant. This is the Welcome to FXGears. What are some of your favorite and simple (novice) resources for learning swing trading? books, youtubers, blogs or twitters, whatever you appreciated whilst learning. He is Welcome to FXGears. Trading Gold. His daughter won contest another year when she was 17 I would say seeing someone posting live entries and exits is the gold standard as you can derive winrates and Welcome to FXGears. I recognized for all the mistakes that I avoided in day-trading, I could've saved up tons of money plus the gain in swing trading will outperform day-trading alone by a huge margin. Or check it out in the app stores     TOPICS I've personally found that gold is not easy to scalp. Its FREE because im back testing. did it two times now it’s at 1735 still holding long till Thursday or break even. I tried copy trading 6 traders and the successful ones have been holding their positions for days, and during this period it is quite unnerving and almost 99% of the time these open positions go into negative terrain. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hedging on swing trades is one of the ways to make swing trading more profitable. So if your a swing trader just give me a dm at Instagram (saafy_mv) and I will tell you the indicators and price action along with bonus. low risk higher rewards Welcome to FXGears. Really started exploring swing trading Dec. First rule of swing trading - if you are trading from the long side only trade stocks, ETFs with a positive uptrend, in a bull market. This market is REALLY volatile and prone to gaps up or down that destroy my stop loss. most trades won't give trouble but that 1 bad trade will cost you account. You can use the H1 > M15 > M5/M1 as your key timeframes Welcome to FXGears. Unless your balls sack made of gold this is probably the biggest black hole. Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Go with the flow. Before you do swing trading, it's better to understand few basics which includes but not limited to The concept of support and resistance, pivot points, moving averages, importance of volume, market depth, indicators like MACD, RSI and basics of candle chart and the logic behind it and chart patterns. I have been reading and studying swing trading. Need recommendations and pro/cons of different brokerages. I've been looking over value investing, pennystocks, day trading and swing trading, and for some reason I am very attracted to swing trading as a strategy. com, a trading forum run by professional traders. I swing trade and sell when I gain 6% - 8%. Oil is measured in barrels, which are about 42 gallons, and each futures contract is for 100 barrels. Here are the best swing trading strategies & how they work. 530 pips still can’t believe it. Really need to be patient with entries and identify supply and demand zones along side using fibs and moving averages. There are some absolute nuggets gold mines in some of those interviews. I have seen people saying you can make 20% - 30% annually swing trading. Are you trading the gold companies or the contracts I swing trade many tickers as there's a lot of opportunity in the markets, with good fundamentals, good technicals and a long enough time scale you'll likely have a winner. Trading Style and Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. I suspect that the figure is probably closer to 10% annually - which works out to less that 1% a month (and that's assuming you're disciplined, stick to your trading plan, limit losses, good risk to reward ratios etc. Notice the red and blue arrows on the "Daily" chart late 2022 - December 31st 2023. Day and swing trades. i usally stick with regular most of the time. The only halal investment is gold and silver. Gold pumps when dollar dumps and vice Yes. Unfortunately work means I can't be by the screens all day 😥 I'm in the UK too. There are two primary ways one can swing trade gold and a tertiary way that may be less common and more risky. That means all your big stocks like apple, Amazon, meta, etc. My biggest Gold Trade was r/FuturesTrading is a place to discuss futures, commodities, etc. The fun part starts when he you get to know he runs a paid group and has nearly 80k subs on youtube. I don't trade any options or futures but I do dabble in LETFs. I have read, reread "Trade Like a Stock Market Wizard", "Think and Trade Like a Champion", and "Mindset Secrets for Winning" multiple times now. Note: I have split my portfolio in equity and non-equity allocation. Those that can't, teach. If you are new here please take the time to Tbh I trade a lot of gold and sometimes it rips me a new one. From Old School conventional guys What is Swing Trading? Swing trading is a style of trading that requires close attention to both price charts and fundamental news flows. Much better than the price action trading you will find on youtube. Reply reply Tigersleep • Double top - double bottoms. I grind through their financials, find out how far til their next earnings, look at their ceo and board, check their products (or services) through 3 or 4 different available services, and then look at market sentiment. as mentioned above - paper trading eliminates most of what is important in trading - emotions: greed and fear. Begin by learning the fundamentals of forex trading, including key concepts like pips, leverage, and margin. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You can swing trade or scalp on any timeframe. You need maybe 6mo of experience to use Kell's book, and you'll have a complete swing trading system. I would suggest carefully reading each chapter and taking notes. Compare their performance relative to the price of oil. If you believe this was a mistake, please kindly r/FuturesTrading is a place to discuss futures, commodities, etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I had that same problem switching to swing trading last year trading the daily timeframe but what I’m doing now is just focusing on trading gold on the 4H timeframe. There's no way any one is going to perfectly swing trade 27X I in 6 years keep it. For those not wanting to use Reddit anymore discuss Guild Wars 2 on alternative My swing trading approach heavily relies on the CANSLIM method which only works best during a bull market. Past 100 pages they're either using a dozen indicators, using too many examples of the same thing, or telling stories. What you call better connected to the market and news, I'd call trading your time freedom to get capital freedom. Swing trading IS your 9-5. Alexander Elder, The New Trading for a Living (updated edition of his now classic work that provides very solid training in chart reading and setups for swing, trend, and day trading; extremely helpful in entry/exit Get the Reddit app Scan this QR code to download the app now. I practiced trading both with real money and with a demo account for about a year and read over 6 books until now. What stocks have you been trading if I may ask? Welcome to FXGears. trade HTF , sticking to H4/ H8 you might just need to check and charts couple of times per day. Prodigy Trading team. Recently completed trades lasted: ES (2 days), Soybeans (2 weeks, and another for 10 days), Euro (5 weeks), Russell 2000 (1 week). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Swing Trading: Holds positions for days to weeks, aiming to profit from medium-term price swings within a trend. I trade in 30+ futures markets, and there are almost aways good swing trading opportunities in some of them. You can see a 2 - 4 % change in a day or two. In that case you won't buy 5 goldminers stocks if you're portfolio allow 20 positions Nice work man. The View community ranking In the Top 1% of largest communities on Reddit. For example, gold futures trade in contracts for 100 troy ounces. 3. Gary Dayton who is a psychologist and a real trader that teaches how to read price action on charts and doesn't really use any indicators, so its basically naked Best Stock Trading Discord Chatroom. If you can scalp or day trade, you can swing trade. I’ve noticed the whales trying to fool the bots and swing traders by giving false signals and messing with the volume and price action. Must-Have Components of a Trading Plan: Trading Goals and Objectives. or another insider will let some info slip somewhere, and occasionally by accident. Or check it out in the app stores   In a gold rush it's easier to sell the shovels than dig the holes. No trading book needs to be long. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, Get the Reddit app Scan this QR code to download the app now. I swing trade gold, as 1 of about 30 futures markets, all principally on the daily and half day charts. ESPECIALLY if you are trading penny stocks. To put it simple, let's say gold is oversold, chances are many gold miners will be oversold too. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading Get the Reddit app Scan this QR code to download the app now The most recent quarterly earnings call is the bare minimum homework you need to judge the prospects of a swing trade. Volatility provides many more excellent swing trading opportunities, both long and short. Gold-Opportunity624 Welcome to FXGears. swing trading if you are busy (maybe because you are already earning well by doing other things, time consuming job, etc). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I only trade gold and litecoin on the weekends when gold is closed. Or check it out in the app stores   if gold futures move higher by 2% for the day, platinum has a 60% chance of moving by 2% lower the following week. Looking at growing capital and possibly doing this into retirement. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. I can scan through 200 charts in 30-40 minutes, and find excellent swing trade setups, both long and short. The last 3 days of the month I narrow down the months worth of noise to about 100 stocks. Being profitable with something like a PATs strategy scalping one point requires a much higher win rate than swing trading supply and demand zones, especially if you trade low amounts of contracts. It is popular with those who like an approach that allows them to take advantage of large movements in the market that can last for several days and even weeks. Just do longer term trading you can do during breaks and make use of GTC orders and stop losses/determined loss Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. This is a community of the like minded r/SwingTradingCharts: charts and breakout levels for swing trading setups on any timeframe. I am a new swing trading world explorer. There's no level 2, you can't short, you can't trade OTC markets, no advanced order types, no direct routing, no borrows or locates. 10 lot. So you get the idea. Typical holding time is a few days to a few weeks. The islamic view of trading (day trading & Swing) (day trading) or 4 days (as swing traders) to be -partially- owner of the business. Stoploss and TP info provided. We would like to show you a description here but the site won’t allow us. October 18th for example - SPY had just gapped up twice, and when the market closed on 10/18 it was the second day in a row (after a significant dip that started on 9/20) that it finished over its SMA 50 on the daily chart. Swing trading refers to holding your trades for longer periods of time. Or check it out in the app stores   Gold and Tsla ahead of earnings. Constant stacking is the best option here. Technical Analysis is king. Just add a simple 20 day moving average to your daily charts and if that average turns down DON'T try to trade from the long side - it's like trying to swim upstream with weights. check once at market open and once at lunch boom done. Also in order to ensure it’s not the latter, you have to stay up with current affairs/do more research/follow technical indicators. +$20,000 Futures Swing Trade in November 2023 The official home of Rocket League on Reddit! Join the community for Rocket League news, discussion, highlights, memes, and more! Members Online. Or check it out in the app stores Gold, daily chart. Changed my life! (He could work on his titles, but the content is gold!) PG swing trade UNP swing trade. because your swing trading the market moves pretty slow for you to enter and exit. Share futures trading insight, tips, and your trades! Get the Reddit app Scan this QR code to download the app now I'm a full time trader and this is everything I'm watching and analysing in premarket ahead of the trading day, including a look at Oil, Gold and TSLA Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and Each contract is for a standard amount of the underlying asset. You Swing trading is ridiculously easy if the holding period is one year or longer, qualifying for 0% LTCG's. heikin ashi candles work well for swing or momentum trades, but not so good for scalping. By the end of this article, you’ll have the tools and knowledge to start trading gold Swing trading aims at capturing profits from smaller price moves, often within the wider trend. depends on the type and timeframe of the trade. Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Same effect. I very rarely trade a penny stock. Does anyone have experience day trading the micro crude oil (MCL) and micro gold (MGC), is it liquid enough in the morning to trade? Thank you. scalping if you have any time in the world to watch your screen most of the time. You stand to make much more or lose much more swing trading. You can be profitable adhering to any proven strategy. r/swingtrading: Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring Any of Mark Minervini's books are gold for swing traders. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Never add to a losing trade - obey your stoploss & cut your losses quickly. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit. Not very long. Go down in time frame trading 5min and stick trading the 1st hour of the open/close. Share futures trading insight, tips, and your trades! Your going to get lots of different answers because there's so many ways to swing trade and its easy to get overwhelmed on the amount of info on youtube etc. "starting a 9-5 job soon" + "swing trading" = just don't. I plan on goldfinch fort longer. While you're at it, read through Reddit's "reddiquette" here. 4 & 5. intraday to a potential swing trade - I add indicators to the mix for additional confirmation. They all trade the same style. Scalpers tend to trade small time frames. I was curious what realistic monthly or annual returns are for swing trading in your opinion. and International, Federal, State, or local. Ok people. Focus on learning price action technicals. Or throw your money into the toilet. A swing is a series of impulses and pullbacks. Scale up exposure when trading well; scale down exposure when trading poorly. When a stock starts being hyped on YouTube or Reddit, you're already too late. All of my knowledge/trading style is based on the Simpler Trading Group. I found a few books on technical analysis, read them and tried many times to apply the technical analysis on paper trading. of 2020. I swing trade 15 FX pairs in the exact same way but using the W,D and H1 as entry. This style is based on operating with the recurring movements or oscillations that View community ranking In the Top 10% of largest communities on Reddit. It is getting better and may become the "gold I now only trade high volume. And yes smaller timeframes would be better since you want to scalp/day trade instead of swing trading to flip the $100 in a quicker manner. But people in this sub are delusional and being deceived by dajjal as Intraday - now i mostly trade off just multi timeframe volume, price action and candle analysis, support/resistance zones and pivots, L2 and T&S, and vwap. You name it. Mark Minervini, Trade Like a Stock Market Wizard (great for learning how to trade base breakouts on fundmental and technical principles; not useful for shorting) . Its a heavy read. A swing trade typically remains open few weeks to a couple of months, and in these short terms the price is not driven by fundamentals but only by technicals. And the markets will crash including Bitcoin. Individuals that are multi-millionaries or billionaires from day or swing trading. Share futures trading insight, tips, and your trades! Although you can swing trade other assets if you are just starting out in the world of trading, it may be easier for you to swing trade currencies on the Forex market . You might win a trade or two but I would be surprised if you don’t get burned bad by your 3rd trade. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Trade market opens/close. Swing traders usually hold their trades for days/weeks. XAUUSD swing trades since 2023. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’ve been doing quite a lot of digging around looking for ways to trade gold, I have been mucking around with forex for about 4-5 months now and i’m really trying to buckle Here are some of the biggest premarket US stock movers today - Dec. If If your serious about day trading, there's no way you would use TV. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. There are multiple ways to day trade your strategy could involve single point scalps or multiple point swing trades. Swing trading in the forex market can be worth it if it fits your trading style, financial goals, and risk tolerance. For clarity, you can also look at DXY chart and then trade it inversely on gold. I do some Google-Fu for names of people Can't help but notice that your article is biased towards swing trading, you've down played the risks that come with it. Also Tr4d3r10 and markettraderstv on twitch are great resources as well. I use what I learned from the book in almost every swing trade. Etc. Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly Welcome to FXGears. It happens when you have almost no control, so risk management, SL and other things won't help. 3) 5% in one swing trade position is too big. Now I trade mainly at the close and open, but still monitor occasionally throughout the day. The plan is to buy them now and exit when interest rate falls. That sounds more like swing trading since it's rare to see 7% let alone 10% in a single day on shares alone. Gold worth looking at past 6pm GMT? Im profitable but miss Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. qqs lnbb tyc kdjrf vmm orawlg uhug rnix gmbb iuvdz