Hi
I've been doing some short-term swing trades (but you might call day trades). All about watching for momentum and trying to ride it up and get out before it goes down (1-2% per trade). I learned about it here: https://discord.gg/nCmjwmQ. Do check it out if you are interested - I promise you no-one bites there!
I'm mostly in and out within an hour or two. Does that matter? Should I be swinging longer to try and benefit from pumps but keeping a tight stop loss?
Any success (or failure) stories welcome.
Cheers
I've been doing some short-term swing trades (but you might call day trades). All about watching for momentum and trying to ride it up and get out before it goes down (1-2% per trade). I learned about it here: https://discord.gg/nCmjwmQ. Do check it out if you are interested - I promise you no-one bites there!
I'm mostly in and out within an hour or two. Does that matter? Should I be swinging longer to try and benefit from pumps but keeping a tight stop loss?
Any success (or failure) stories welcome.
Cheers
Don't increase a time-frame because there is a rule: the risk of loss increases when you increase the time of being in a one-direction trade position.