I'm trying to be a swing trader. I've lost money in the past by holding on to losers. Lately I always cut losses below 5% and aim for 10%+ gains. I sometimes miss out on winners, but I'm in the black now and feel I'm making good progress.
Trading is a game of probabilities
Only enter a trade when odds are in your favor Every trade is unique,, there is no magic formula Don't forget about the crooks, Trade what you know.Protect your principal at all times
The stock whisperer has trained over 1000 traders worldwide. She teaches her online students to day trade and swing trade by mastering time and sales, spotting ECN refreshing, discipline and entering only the highest probability trades.
Former Capital Markets Fixed Income Sales Trader. Tape Reader. High Beta Equity Momentum Trader. Foundation is CAN SLIM but have tweaked it and developed my own DNA from it. Searching For Rocket Fueled Winners. You are either quick or you are dead...