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RE: A swingers wet dream ?
I must admit I've tried swing trading in the past, and not very good at it. I'm getting better though, more selective, more patience for better setups.
The psychology is the hardest, lots of small losses between huge winners.
yes. lots of stop losses. long term trading seems to be the best bet for the mayority.
Check this out, you were exactly right :-)
Look at the chart, isn't that a textbook example of a 'last kiss' ? Price broke out the channel, rebounded for a couple bars before taking off. Classic !
WOW nice !!!!! lol. very nice breakout just when u were supposed to short :)
I'm a contrarian, As soon as the price rebounded off the top of the channel I had a sell order just under that red dot for a false breakout. The price just kept going up so it never got filled. C'est la vie ! :-)
I'm a contrarian trader too. :). i play demand and supply. no lines no indicators. as simple as it can be, the simpler the better for me.
same for me, naked all the way ! 8-)