sometimes we make trades based on gut feelings. No technical indicators and no calculations of risk-reward ratio. Those trades would be awesome and winning ones while some trades taken with care would prove to be failures and it happens.
follow the rules and never trust your gut feelings. I followed with my gut feelings and none of them worked. We all forget the support and resistance, it;s the A-B-C of trading stocks. Are you drawing the trend lines. It can help you a lot than the patterns because most of us can't identify the patterns easily.
You thought you were right but the market proved you were wrong!
move on with the swing trading because it;s easier than day trading. Do you have enough tools for trading? If not I suggest to buy some of the top tools in the industry or you can enroll to the courses where you can learn the ideas from different traders.
bulls and bears are opinions of different people. A person with an opinion and highest volume would win this game. It's learning from experience and not to copy someone else trades. Swing trading gives that opportunity to trade better because with day trading there is too much noise. The chances of winning is reduced to 90 percent than it was in the last 5 years. Are you a regular trader? How many times do you trade every week. I do trade daily and make 2-3 trades , atleast 2 of them are profitable.
With swing trading there is very less decisions to make and you know how to handle the situation with ease. In day trading, all you got it is 5 hrs and you would have a lot of bad days if you don't keep up with the current news. A stock has broken the support and you still wait for the stock to climb up is Utter non-sense, never trust your gut feeling with the stock market.
follow the rules and never trust your gut feelings. I followed with my gut feelings and none of them worked. We all forget the support and resistance, it;s the A-B-C of trading stocks. Are you drawing the trend lines. It can help you a lot than the patterns because most of us can't identify the patterns easily.
You thought you were right but the market proved you were wrong!
move on with the swing trading because it;s easier than day trading. Do you have enough tools for trading? If not I suggest to buy some of the top tools in the industry or you can enroll to the courses where you can learn the ideas from different traders.
bulls and bears are opinions of different people. A person with an opinion and highest volume would win this game. It's learning from experience and not to copy someone else trades. Swing trading gives that opportunity to trade better because with day trading there is too much noise. The chances of winning is reduced to 90 percent than it was in the last 5 years. Are you a regular trader? How many times do you trade every week. I do trade daily and make 2-3 trades , atleast 2 of them are profitable.
With swing trading there is very less decisions to make and you know how to handle the situation with ease. In day trading, all you got it is 5 hrs and you would have a lot of bad days if you don't keep up with the current news. A stock has broken the support and you still wait for the stock to climb up is Utter non-sense, never trust your gut feeling with the stock market.
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