I'm going to make a few posts with tips on how to day and swing trade.
Today's tip: Create your sell limits, before you even purchase the asset. That way, you know exactly where you're exiting. The exit strategy is key. If you need to make a stop-limit to reduce the chances of major losses then so be it.
I'm sharing direct access to some of my personal trades today. This is not something most traders would ever do. This information is usually kept secret to the public but I'm feeling generous today. Notice how I've already got my sell orders lined up? Exit strategy is key. I might not always get the very top of the candles but I get pretty damn close.
Cheers,
@clayford08
Do you have an automated system to find the stocks for your setups?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great question. I know many traders that do use bots that are really successful. Me personally, I do not. I like to think fast and make my own trades.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by clayford08 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 2.4% upvote from @randowhale thanks to @clayford08! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 0.91 % upvote from @booster thanks to: @clayford08.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 1.72 % upvote from @drotto thanks to: @clayford08, @banjo.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit