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