🚨 I've been trading full time for the last few years. Here's what I've learned about swing trading that has helped my success rate:
STRUCTURE > EVERYTHING
- Seriously, zoom out and look at market structure first. No random set up or local price action has much significance if you zoom out and structure is garbage or doesn't support the local action.
WAIT FOR PULLBACKS IN STRONG TRENDS
- Identify a reliable support that holds often in strong trends. Whether it be a Fibonacci level and EMA or a structural level. Look for entry close to invalidations - that's where you get maximum R:R and where most people puke their positions or are too scared to buy.
FEWER TRADES; HIGHER QUALITY
- Self explanatory. Most people take too many trades. Not every set up you see is good and if you're finding 5 "good" trades a day you're either a trade scouting God or you're over-trading. And statistics show that 90% of us are doing the latter.
LET WINNERS RUN; CUT LOSERS QUICK
- Just let the winner run. Stop nerfing your R:R by closing everything early. Cut the losers quick tho. It's okay to cut before stop loss if you aren't getting the reaction you want. But don't just cut early because you're babysitting the chart or over-exposed and it dropped 0.6%
You don’t get paid for activity.
You get paid for patience.
- Quick scan, quick plan, walk away. Stare at charts too long and you'll force something.
The best trades feel obvious in hindsight.
Your job is to be positioned before that clarity hits - don't be afraid to add on confirmation.
DONT ADD TO LOSERS
- FYI, a pre-planned ladder entry position is not considered adding to a loser.
Do less. Downsize on your positions. Throw out most of the trades you like because they likely don't meet all of your criteria.
(Not financial advice) But trust me 🤝
@Nebraskangooner Dice el turco que te vayas a cagar. Pero de mi parte prefiero que siga hasta los 120 así cada 15 woks que vendo, me puedo comprar un ETH