#8
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Re: How long have you been in the stock market?
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Learn to "Short". [/ QUOTE ] I made a decision to not start shorting until I can confirm I can make a profit with normal trades. Once I show a profit from normal trading, then I will investigate shorting and set up a margin account. [ QUOTE ] You must set stop losses on Swing Trades... protection of capital is your number one priority! [/ QUOTE ] I do use stops now, at the time I didn't that's why I lost a lot on that stock. This mistake should never happen again. Every trade I do now, I set up a stop loss. [ QUOTE ] What system are you using? [/ QUOTE ] I've come up with a something from a combination of things that I've read. CANSLIM, online stock screener ratings and a Swing Trading video from Oliver Velez. I can go into specifics if you want, although it seems like no one here ever really discusses their personal trading systems for whatever reasons. [ QUOTE ] Do you feel stressed out when playing poker too? [/ QUOTE ] No. As I learn more about trading, I'm starting to feel more comfortable. I'm also trying to find out if I really want to swing trade. It takes time at night, time at my real day job and in the morning when the market opens. I might just find some long term ETF investments and not spend so much time on it. I'm still a novice trying to figure this stuff out. |
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