Swing trade 10 reddit

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• I also use Bollinger Bands but modified to be MOBO bands. If you learn to follow price action between multiple time frames you will have Jun 24, 2024 · Swing trading typically takes about one hour a day to one hour a week, depending on the number of trades and how much research is done. - If you are in the "1-Share" a trade phase of your training, it is also Honestly, Electric Vehicle (cars, trucks, and aircraft) stocks are a hotbed for swing trading. For me, swing trading is figuring your stop loss, enter the correct position size (i risk . I like swing trading because price doesn’t matter. You don't have to panic when you're in the red. Current corpus 10 lakhs or 1,000,000 Rs. 8% of my portfolio), set an alert for my target. The only thing Schwab lacks is a simulation platform for paper trading and testing strategies, but TC2000 works great for that. - In a choppy market it is better to have a Cash account. 10 charts & trading ideas for Tuesday / Week 8 - with notes. There are lots of things like vwap and mcad that I don't base my trades on but it doesn't mean they're not still useful tools. Seriously depends how much volume the stock is seeing on a regular basis and if the potential profit is worth the wait. 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's variation was 4 pts (16 ticks). 7) Decide on a Community - Many people prefer to trade alone, excel at it even. These are styles of trading that are not linked to any timeframe or duration. That means all your big stocks like apple, Amazon, meta, etc. 5. Some ideas for Tuesday based on a growth/momentum strategy (buying into new highs/breakouts). Some people swing a day, a week, 6-8 weeks, months. Let the rest ride, raise your stop to your 3% gain level. Swing trading stocks. GoogleOfficial • 1 yr. I will enter the stock at 1086 and update the stop loss as it crosses each resistance. Most of all, watch them. Swing trading option prices, or swing trading the underlying? Personally I find it far easier to swing trade the underlying. Easy money. Be consistent and stick to your plan every time Here Is My Strategy for Swing Trading. It’s not considered a day trade if you do it like that, and you get to capture any overnight gap. Yesterday was 6. Sure, a stop loss will kill a trade from time to time, but it also saves you from losing on many other trades. A higher high (breakout of price). Ok thanks! It would be cool to have a discord or group to chat about TSX stocks. This is the time frame I use the most. I've been swing trading AMD since the early 2000's. 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. It helps when your trading stack is over $25k Also, if you're having trouble timing your LETF trades I highly suggest charting. 5 to 10 range strike price. This is not a place to discuss daytrading or long term investments. Rojamo2914. The signals are more reliable and overall it fits like a glove. Oliver kell. All I need to figure out is up or down and a $0. Swing trading can also be more risky compared to day trading because of overnight gaps. Shorting Doge when it doubled from 6 to 10-12 cents out of nowhere seemed so safe at the time…. Like dusro ke bade bade profits dekh ke mujhe bh lagai kuchh kar lenge aur Kiya bhi in 8 months me 15k ka loss🥲. Rsi and ppo. Short when closes below. I have TOS by TDA. Here is an example of a basic risk management plan: I buy a stock at 100$ I will sell for a win if the stock reaches $110 I will sell for a loss if when the stock goes to 95$ That gives you a 2:1 ratio. However, there are many scams out there. 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 TRADING. 10. It doesn't really matter if it's "day trading" or "swing trading"—that's not really important. With 100 shares, that’s $0. I don't use BB to trade but I still pay attention to it. 75. Day Trading- 15 minute charts. Otherwise its all day trade margins for /MES ($30 or $40 depending on package). I used to stare for hours at a screen watching crappy stocks move like . [deleted] • 1 yr. Also I'm aiming to make atleast 20-25% min yearly through swing trading. I understand that to be true, anyway, but I've never heard of it actually happening. In the realm of swing trading, implementing a stop loss set at a considerable distance, say 250 pips, demands a strong sense of conviction. Instead of just looking at the stock price, you need to look at earnings and revenue growth. I don’t see why anyone would day or swing trade VOO when SPY basically exists for that purpose. me. Swing trading is much more efficient and has a higher success rate than day trading. I am a bot, and this action was performed automatically. - All names except ASO and PTVE have met or beaten past earnings. For swing trading I either go with 1 hour charts or 1 Day charts. Almost all youtubers have paid courses, but these 4 have the most useful free information available in my opinion. I nearly tripled my tokens by swing trading. We would like to show you a description here but the site won’t allow us. . Not good, but obviously not bad either. 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. o Over the last few months, I believe I have finally figured out how to swing trade stocks using fundamentals (most importantly), technicals (for entries and exits), and indicators to show me more data on that stock (remember though, price action > indicators, so let the market Head over to r/RealDayTrading. Swing-trading is not consistent. Scalping and Intraday trading gives futures market an edge over equities for retail: BIGGER margins, guaranteed volatility, not PDT rule, etc. Don’t overtrade, 1 trade waiting 2 weeks for 200-300 pips is better than opening 4-5 trades a week trying to make money faster. $100 - $90 = $10. Everything everyone else is saying is correct - swing trading is inherently riskier than buy & hold investing, you are very unlikely to beat the market via trading, doing this entails losing out on tax loss harvesting/deductions in general, and you have no chance to “reload” funds because of the $6k limit. If you lose, you lose small, if you win, you win bigger. They both buy a stock at 10. Focusing on building strategy. 5 pts (26 ticks). 10 profit. I play daily trades, and i never hold over night in this market. This is a place of discussion and strategy. Use Simple Moving Averages 5, 10, 20, 50, and 200 Day, Directional Movement Index 14, and RSI 14. Not a big deal but you are 100% wrong on swing and daytrading, a daytrade is any trade held not overnight, and swing is held overnight. • 4 yr. Low cap coins can easily see 5-10% swings in either direction, sometimes multiple times a day. All your trades are 2% so that you stay consistent. So let’s first separate ways how to swing trade penny stocks. 10 to get a position size of 100. •. Let's say hypothetically that someone was to successfully swing trade stocks within a TFSA and make a decent sum I used to tarde SPXL over SPY as with leverage I could get a small amount more exposure. I have been Backtesing this setup for some time and found it quite good in terms of risk to rewrd ratio. Breakeven is fine for a trade. The construction stock has a market cap of $87 I guess what I’m trying to ask is if anybody has succcefully achieved a decent run with only swing trading 1 thing. Options are generally not passive investments. VOO is unquestionably better for holding shares long term. Can increase corpus 50k-70k Rs per month. Swing trading in the forex market can be worth it if it fits your trading style, financial goals, and risk tolerance. You'll learn more than me explaining it. Understanding why people manipulate the markets is key to a high win rate. You can leave feedback of this feature on this thread! I am a bot, and this action was performed automatically. Trading is trading, and trading is business income. Thank you for the list! 3. Now I trade mainly at the close and open, but still monitor occasionally throughout the day. Have a great week! DEF post a video!! On it! just getting into trading. com, a trading forum run by professional traders. If it's still pumping out growth, then hold onto it. I don’t have much time to focus on 5-10 tickets at a time and wanted to make my swing trading simple as possible by only using 1 ticker, but I dunno if that is a viable option or not Thanks Yeah. I like the 15 min charts. Although they are a day trading sub there is a lot you can apply to swing trading. With my swing trade strategy I’m only holding 1-10 days. Average return were about 10 Percent per month , ( it may be because of bull market) The set up is basically down trend stocks which have showed some strength and now pulling back and making double or triple bottom. If netflix tripled in price it could still be undervalued if it's also growing quickly. and 10% actually utilizing that information and executing trades. Here is my definition of a swing trade: buy an asset before news and then sell the asset on the hype or on the release of news for a profit. Then I look for rsi divergence to suggest a potential bottom. Buy stock, set sell stop below low of the day where it bounced. Up almost 40% year to date annualized. : r/swingtrading. Only 3 day trades, If you do four in a 5 day period you will experience PDT rules and I believe won’t be able to day trade for a while. - All charts trade > 100k average volume and >$10. For example, if I’m swing trading a stock and expect to hold a position overnight to a few days, I’ll use the hourly timeframe. I mostly prefer 4 hour charts, but if my trade is for a little longer, I may use 1D It’s pretty amazing. 14. 4) Once you reach enough capital, it may be advantageous to look for another brokerage account for a bit that offers free trades up to a specific number and use that medium for a bit to allow yourself to take positions not offered on RH. It is never that easy with options because now in addition to up and down, you also need to get duration, volatility, and premium decay right too. Mark Minervini, William O’Neil, Jesse Livermore, Nicolas Darvas, Stan Weinstein. 5 years, I am moving most of trades back to swing trading. claytonpoole. This is the way. Live trade action below The amount of pips you're looking to make out of a trade matter a lot. u/Nice-Ad5888 is defined by reddit's quality score as the high contributor quality. This helps gain plenty of small wins that eventually add up on an overall big return. VXX or UVXY Volatility is relatively close to all time lows and it can only spike up from here. When to buy ITM or OTM, expiration, analyzing greeks, etc. Buy and hold solid companies long term in your custodial account, Build on it. Buy high sell low or something like that. Sell 1/3 the position at 3% gain. Entry: Enter a trade when the 10-period moving average crosses the 50-period moving average and confirm with bullish/bearish candlestick patterns. For example it’s possible to really leverage up scalping intraday as many brokers offer day trade margins of around $500/contract. STICK TO THE PLAN. If not I will buy more 😂. Less time dedicated will typically mean fewer trades. Swing trading is very reliable. Right now - look at Oil & Gas which is breaking out - small caps are leading CJ, WTE, BTE - VET is a notable laggard - these should be good trading stocks for the next few weeks/months. All of my setups are positioned for swing trading personally and I’ve seen decent success although I’m paper trading at the moment. Some will say 3 days to a week, others will say 2-6 weeks. Ive managed to yield a 88% win rate with 10-20% wins every day. I switched from intraday to swing trading. 5% each. There are a myriad of approaches, including outright long options, spreads, ratio spreads, outright short options, and others. And you can take a scalp on the daily. Someone who is getting lucky for a few months is not the same as having a consistently profitable method that you can count on . 5) Look at securities with abnormal volume compared to their averages. The trade did not work because moving averages, the trade worked due to higher relative volume in NVDA, fresh post-split, and significant retail jumping into this trade. Currently trading: LRCX UCTT AGFS AGEN CCXI EFX PTCT SPPI. 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. The best time to swing trade (bullish swing trades) is after a market dip, and you see SPY has formed support. • 1 yr. The fact you just received a custodial account means you've just turned 18 and lack experience. 00 and set their stop at 9. At least been working for last few weeks. For the market to beat its ATH, bank nifty is bound to perform as it holds a big % in nifty. I knew it was going to go way down after that jump it did recently. I’ll just post this. This assumes you close at 4:15 and open at 6:05 missing the first 5m candle. It is currently at all time lows and if we see a spike in volatility you could make a fortune off of a swing trade. Position trading well you can have that one thats a pretty lose term. The other 30% I use for swing trading. I play even shorter term trades for even less return. It's great that you have the discipline to exit at 4-5%. However, the predictive ability comes from within. So I coded a simple web trading journal that would allow me to quickly add trades and see what mattered to me: documented trade events (entry, scale in, stop loss, etc), chartshots, conclusion (lessons learned), trade metrics, and reports. 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 Get the Reddit app Scan this QR code to download the app now. However, a 1-2 day hold can be profitable if you have good timing. If I were to use only one indicator it would be the DPO, detrended price oscillator. This is normally what I look for every day on SPY. You might want to have a look on these youtube channels. People get too focused on the "day" aspect of trading, when it's the "trading" that's important. 10% over 45 days is like 80% annualized roughly. e. 20 gain per I’ve spent 90% of my time researching basic terminology, technical analysis, how to use my freaking trading platform etc. Options are extremely unforgiving. All my puts/calls are about 6-7 days out in expiration, and $2-$3 out of the money in strike price. The easiest way to find a stock to swing trade is to look at the HTF charts, identify the trend and a level to enter. I think the best swing traders are usually found on Tik Tok, they seem to have their sh!t together. ago. And I know some of you may not be familiar with short selling. It could be an intraday trade, a multi-day trade/swing, month-long trade/swing, whatever. Assume this trader has a modest 65% win rate and is perfectly disciplined in sticking to a system of executing only trades that have a 4:1 reward to risk ratio: Started swing trading on the daily timeframe. Swing Trading- 1 hour/1 Day charts. Let’s go into more detail, including earning potential, capital requirements, and what markets to trade. PART TWO: Day Trading SPY (Opening Gap Fill) This is by far my favorite pattern to trade. This is why I'm curious as to why people don't swing trade. ive only had 3 losing trades since Feb 9th by focusing on only SPY. Agreed - I have no problem with Schwab and SSE works just fine for swing trading. Or trade different options at different caps with different volatilities from different sectors and develop an intuitive feel for how options work. AMP for example, overnight margins only go into effect between 4:15 PM EST and 6 PM EST. Then I look into company to see if it’s a good value. Invested 5 lakhs. Look into market/volume profile, speeds up the process a lot and makes it pretty easy to figure out the direction and sensible SL levels ;) I love swing trading. . You can swing trade the entire stock market and do better than swing trading random companies that pop up on your screener. You can do personal options trading one of two ways: Learn the Greeks and rely heavily on them. Use a 50ma, don't short above a 50 ma and don't buy below it. It really just boils down to personal preference based on your trading strategy (long, short, day/swing trader for example) Swing trading options. It depends on the plays. If not, it's fine too. The distance between your stop loss and your entry price is $0. That is how I learned, keep checking out what others recommend and eventually pick a way to trade and dive deep into it. Both swing trading and scalping possible but both are very different. It is irrelevant to the trading style. Trading Strategy Simplified. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! The trade worked because price formed 1. Instead of targeting 20% to 25% of gains, it should be around 10% or merely 5% in difficult market situations. I’ve been playing 1-2% return on trades lasting between less than 24 hours to a few days mostly. To differentiate between rookie's luck and being a good cash market trader see if your returns are uncorrelated with the markets, i. ES is my bitch in options. The biggest piece of advice I can give you for any style of trading, is to figure out the best stop loss for you for that trade and also the best limit. Avg hold time is 1hour. Will you increase your trade sizes? Yes, but only through making actual gains. I do think swing trading in this volatile environment can be difficult. Let's say you buy a stock at 10, it rallies up to 12, then tanks back to 10 again, and you sell. SPY is more liquid, especially for options. Forex_Trader00. Swing trading means less pips (maybe 10 to 20) and therefore more risk since you could get stopped out by a 5-10 pip move in the other direction. The timeframe you use for swing trading should depend on your strategy, indicators, and how long you plan on holding a position. Nothing new there. The focus should not be on gains that take over weeks or months but on 5 to 10 days average length. To hell with all the other stocks. Reply. However, after spending several months experimenting with various methods using a sub-$25K account I have come to the following conclusions: - In a trending market it is still much better to use a Margin account. Look at H1, H4 and Daily timeframe. You have to learn to see through the noise and understand where the market is heading. If it works for you keep going until it stops working. If you are committed and are not looking to make a huge sum of money in a matter of days, swing trading is what I recommend to all new traders. 10 move is a $0. Or check it out in the app stores After a year of day trading, I’m down about 20% but my swing I scan for a low RSI14 and low MFI14. Exit: Set a take profit at 2:1 reward-to-risk ratio and use a trailing stop at 1:1 to protect profits. My trading is grounded in technical analysis and using it to make short term profits (1-5%). • 2 yr. did you make a profit in the last few months buying in cash and swing trading. Aaj se karib 7-8 mahine pahele mai trading me enter hua tha. For example, take two traders: one a swing trader and the other a day trader. I’m a swing trader, but I mainly swing trade Crypto because of the high volatility. To be a great cash market trader you should have made money swing trading in the last one week. With shares, you've just broken even. 100 shares @ $0. More importantly, a trade was structured in chronological sequence with details attached to every trade event. As fast as 3 days and as long as 3-4 weeks. Depends on your broker though, SPY is generally always 25% but SPXL can easily go over 100% when volitility is high. Holy fuck I used a lot of parenthesis in this. Generally, a time horizon of less than a few weeks is not much different than gambling. Swing trading, you want to first see the larger picture, the weekly chart. If its a clean trend consider it. The official Python community for Reddit! Stay up to date with the latest news, packages, and meta Profitable for 7. Like any trading strategy, swing trading involves risks, and success depends on various factors such as market conditions, discipline in executing your strategy, and effective risk management. Divide your total risk of $10 by your per share risk of $0. Im never going back to day trading. Learn it. I also trade other high volume stocks like Palantir, Mara, Intel. Use a stop loss always. The higher expense ratio is immaterial for short term holds, which swing or day trading is. 4 to 5 DTE. First learn about the fundamentals of risk management. A lower low, and 2. ADMIN MOD • Macrotech Swing trading I believe macro tech is in a good position to accumulate for swing trading Find the screenshot of Macrotech. Determine closest levels of support and resistance. Please let me know if I'm being conservative or ambitious and what strategies I should use make better money. Now, I am a hodler and a DCAer. 10% return is more than doable. Swing trading refers to the medium-term trading style that is used by forex traders who try to profit from price swings. JOBY has been amazing on volatility ever since they de-SPAC’d. You need to think of it mathematically: Say a short term day/swing trader makes 1000 trades in a year (3-4 day trades per day). This is a subreddit to discuss swing trading opportunities, tickers you have had/are having success with, or anything else related to swing trading. So first thing I do is make sure BTC is an upwards trend much A better approach would be to choose a stock on an upward trend and then to pick the short term highs and lows. The stock price could gap down from, let’s say 9. Then look at big picture trend. Look it up. Planning to start shorting options, Any advice from the community would be much appreciated : NowNamed. For me it was fine, but I much preferred trading in a good community. Sell 1/3 the position at 5% gain. So yes. LOL. Either use them or don't but make a choice and stick to it. Day trading, trade NY 7-11AM, 2 trades max risking 0. First, you can short sell penny stocks and really it is one of the most profitable ways to make money in this niche. It’s a coin flip. I’d be interested in a video. tzarade. I created a Long Term Trend following system for 70% of my portfolio. It's a lot easier to trade ETFs - the bigger ones like QQQ, SPY etc. I'll try my best to upload the video on Sat-Sun. The value of your trades should equal a few % of your total funds available for trading. But do the same exact trade with options instead of shares, and you could be down 20% on it. Welcome to FXGears. Think of it, you’re competing to make money over MIT PHD quants who do this 24/7 using extremely well-refined algorithms and methods. - Note most charts show varying timeframes. The best thing about swing trading is that when you find a company with good fundamentals you can choose not to exit and let it sit for a couple of years. You can swing trade on the hourly - or lower. Backtesting is crucial, but picking thr right stocks is the most important thing. In short, short selling is more complex trade when you try to profit from falling prices. If I expect to hold a position for a few days to a week, I’ll use the hourly and Swing Trading AVAX - Taking profit every 10%. The one thing I WOULDN'T do is play it by ear. Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5% in tougher markets I'll try to make one if enough people are interested probably on Saturday or Sunday. Honestly you’ll get different answers obviously. Your most important tool out of everything is stop loss. Above 3B market cap; confirm sector is not over valued either and then it’s a worthy swing candidate. I basically have auxiliary conditions (increasing volume, RS on daily chart, ATR above 1, etc) alongside a daily signal (MA Break, HA continuation, All-time/52-week highs and lows, trend line break, engulfing, and multi day RVOL) and an intraday signal (stock This is Think or Swim. That's why I'm saying it's a good time to swing trade it. Please do not use this sub to promote your YouTube channels or social media profiles. Use this information as you feel to make an informed decision about their post. May 19th taught me that one. (FnO me) Do not assume this is skill. I remember there was a statistic that said 90% of day traders lose money. How trends are created and what invalidates them. Yeah too big I’m too big of a pussy to swing trade. So a 2:1 risk reward means you need a $20 profit for the entire position. Been spending a lot of time studying swing trading stock (going long mostly), and using simpler technical analyses like support/resistance, price action and moving averages. ? Of course you would. Looking for resources into the strategies of swing trading call and put options. Do not trust DMs from anyone offering to help/support you with your funds! (Scammers) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. I like them. The only effective "screener" is you. 100 shares @ $1 is $100. Long time futures swing trader here (over 37 years). 3. 2 days ago · Caterpillar operates under 4 business segments — construction industries, resource industries, energy and transportation and financial products. But i'd say about 90% of the time SPY fills the gap it creates from the opening market. Not all the days it holds up. I wouldnt suggest opening new positions at 9:30 if u have to pay attention at work, you’ll lose more than you’ll win if u dont sell fast when theres green. To trade technical breakouts (harder, takes practice but adds many more trading opportunities), add: That includes your RRSP, of course, but also your taxable account, where they can disallow the capital gains tax reduction. Target a 1:2 R multiple. Successful swing trading happens when you have all your attention on your plays, buying and selling within minutes is usually the key to sustainable success in swing plays. 35 Lakhs loss in trading BANKNIFTY buying options over last 5 years, I was making good money initially but overtrading and impulsive trade decisions have destroyed my portfolio. MODS or Community Managers will NEVER DM you first regarding your funds/wallet. Award. I might swing trades if It looks good on htf and I have a good entry but I close at least 50% of those swings at 1:2 or higher. 50 after post-market trading hours. I too bought some HDFC and Kotak a few weeks back when the market was near ATH. Another idea is to open accounts with multiple brokers, so each account would allow you 3 day trades per week. Lots of people use BB. 8. In the short term, swing trade investors may see larger profits than those using long-term time frames. 6. 90 is $90. Say 2%. Sell the rest at 10%. Scalping is a form of daytrading. It is a common question - so here is the answer: First thing - forget about the stock - look at the market. Use it, set up these charts, and look at real data instead of just what the price is doing and blindly guessing when it is going to swing. Mar 13, 2023 · Let's start with the basics of a swing trading strategy. ago • Edited 1 yr. I have been trading 6+ years, after experimenting with day-trading for 2. The swing was on the 1 minute and the scalp was on the daily. While swing trading demands patience for profits to materialize, I find it conducive for deploying larger positions compared to the more frequent, smaller trades typical in scalping. And I'm also not going back to edit this like it's a fucking essay so don't hate. 15 in a day. Swing Trade companies and funds that you know and like. Not me, that's for sure. Everyone does it different, though, so you will just have to decide what works for you and stick to it. The rules are: -Only trade when price is above the 20D SMA -Only trade if RSI is at 50s level and about to move up -(+DI) is above (-DI) Feel free to backtest Exactly, similarly i traded on the IT index when it hit low, was an obvious move and basically free money. Use an 8 exponential moving average and buy when it closes above. Swing trading, you're looking for 100 pips or more, and you may be stopped at a 20 pip movement. But if I get that extra $100 or so and have time, I like to go for a swing trade. 77 to 9. At the rapid rate, investors buy and sell their stock, swing trades generate profits quicker, and long-term investment professionals wait weeks or even months before the stock is sold and generate a profit. So on good days I make at least 1% and on bad days I only lose 1%. This style of trading heavily emphasizes trend. TSLA, NKLA, RIVN, JOBY, ACHR, EH, etc. For example, I like AMD. My chart is for Delta Airlines as an example, Buy & Hold over a year would have lost you $140 but swing trading would have made about $1850. Variable trade sizes is a slippery slope into emotional trading. Maybe 6 months is too far but under 6 is fair imo. If the ES margin is too large, then you might want to consider using ES futures options as a substitute. js uj ce hb ba sg ik yr bf qd