Day or Swing Trading

Firstly the trader needs to identify his/her strategy e.g. Day Trader, Swing Trader or Investor. A Day Trader is usually in and out the same day and on the odd occasion may hold overnight. Where as a swing trader may hold for several weeks, often looking for Pivot points or trading impending announcements. It is important for the trader to have a plan, firstly to identify a
trigger to enter the market and then a plan to exit taking profits or cutting a loss.

Triggers for entry might be

1. Technical analysis break out
2. Key reversal
   
3. Fundamental announcement release
4. Speculation of a future release

The trader needs to be aware of which way he/she is going in the market, long or short. Going long means to purchase the stock, commodity or currency. Going short means to either liquidate part or all of your position or to sell an instrument that you do not hold and buy back at a cheaper price.



Day trading to swing trading has high risk money can be lost, I am not licensed to give advise. Soon I will be pasting trades of my own but suggest you seek financial advice and take responsibility for your own trades





Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options or any financial product. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

*All user experiences are unique and you may do better or worse than those shown. No representation is being made that these results can or will be obtained in the future, or that losses were not incurred subsequent to the date on which the testimonial was provided.
*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

There is a substantial risk of loss associated with trading futures, forex, stocks, and options. Only risk capital should be used.