Swing trading gold reddit. Gold pumps when dollar dumps and vice versa.

Swing trading gold reddit The fun part starts when he you get to know he runs a paid group and has nearly 80k subs on youtube. Like its really good. ). I also want to echo the recommendation on dummies books for swing trading. Futures Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. IMO, generally, if you have to ask it’s better to buy and hold. This turned into a big loser. swing trading if you are busy (maybe because you are already earning well by doing other things, time consuming job, etc). Now I trade mainly at the close and open, but still monitor occasionally throughout the day. I have been reading and studying swing trading. Yes indeed. With my main swing trading methodology, I will typically trade a given market about 6-8 times in a year. If your trade went wrong you can go back and it is much easier to analyse what went wrong. ADMIN MOD • This community will be a work in progress as I learn to navigate Reddit. FTNT swing trade. Now I'm wondering if it's a viable strategy to make good or satisfactory amount of extra money on daily basis. I also trade other high volume stocks like Palantir, Mara, Intel. The objective of this community is one thing and one thing only: MAKE MONEY. Any of Mark Minervini's books are gold for swing traders. He is my best sentiment indicator and counter trading him has yielded almost a 100% win rate. Ultimately, whether swing trading in the forex market is worth it for you will depend on your individual trading style, risk tolerance, and investment goals. Hope that helps someone out there! Ok people. 15 in a day. How did I know when I needed to sell? When I needed the money, I sold some index fund shares. Feb 14, 2007 · I've heard that total profits are potentially higher with swing trading than day trading, and then I've heard the opposite. scalping if you have any time in the world to watch your screen most of the time. Note: I have split my portfolio in equity and non-equity allocation. I don't want to buy Gold at this moment at these high prices, so I am looking for other super-safe options now. I have seen people saying you can make 20% - 30% annually swing trading. I'm happy to elaborate further if anyone is curious or interested. I tried copy trading 6 traders and the successful ones have been holding their positions for days, and during this period it is quite unnerving and almost 99% of the time these open positions go into negative terrain. Recently completed trades lasted: ES (2 days), Soybeans (2 weeks, and another for 10 days), Euro (5 weeks), Russell 2000 (1 week). Whether it’s flipping stocks, shoes, sports / Pokémon cards, or some random bs you find at a thrift store. Dec 27, 2023 · Swing trading is ridiculously easy if the holding period is one year or longer, qualifying for 0% LTCG's. Swing trading, which primarily (but not exclusively) relies on technical analysis, is certainly a different beast from investing, which is predominantly fundamental analysis. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. By the end of this article, you’ll have the tools and knowledge to start trading gold with confidence. Gold is actually very enjoyable to trade, it respects trendlines very much. Liquidity. I've been looking over value investing, pennystocks, day trading and swing trading, and for some reason I am very attracted to swing trading as a strategy. However, when you do this, don’t focus on one trade – focus on your portfolio as a whole. Somehow it feels like it's a good mix of all strategies I've mentioned above. Welcome to FXGears. So could you swing trade and live off of it assuming a realistic starting capital ? Sep 25, 2024 · In this reply to @Dkpdkp requesting an update on the precious metals yesterday (click to view charts), I highlighted the simply yet effective pattern of actively swing trading the divergent highs & lows on gold & silver (with many of those short-term trends shares as profitable trade ideas in recent […] Aug 19, 2024 · Want to trade gold? This swing method is straightforward, effective, and perfect for beginners. PG swing trade UNP swing trade. I have did swing trade with GOLD in the past. Changed my life! (He could work on his titles, but the content is gold!) What if i told you that there is a live streamer who publicly bought the weekly highs twice and sold the weekly bottom on gold. For clarity, you can also look at DXY chart and then trade it inversely on gold. Each contract is for a standard amount of the underlying asset. I used to stare for hours at a screen watching crappy stocks move like . Look at OVV, a position I was in profit on but kept on as a swing to balance out shorts in my portfolio. Stoploss and TP info provided. I have read, reread "Trade Like a Stock Market Wizard", "Think and Trade Like a Champion", and "Mindset Secrets for Winning" multiple times now. r/swingtrading: Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring… Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Gold pumps when dollar dumps and vice versa. So, if gold is trading for about $2,000 per ounce, each futures contract is $200,000 in value. for swing trading, i think you can afford the time to thoroughly analyze multiple pairs so it makes no sense to limit the number of pairs to just one. I typically look for investor sentiment and swing trade on the optimism and sell before the planned news date. The plan is to buy them now and exit when interest rate falls. October 18th for example - SPY had just gapped up twice, and when the market closed on 10/18 it was the second day in a row (after a significant dip that started on 9/20) that it finished over its SMA 50 on the daily chart. com, a trading forum run by professional traders. It is more chaotic compared to trading a currency like EURUSD where bad news in the country usually means currency will take a hit. Oil is measured in barrels, which are about 42 gallons, and each futures contract is for 100 barrels. To be fair though, you are taking more risk with this strategy. So if your a swing trader just give me a dm at Instagram (saafy_mv) and I will tell you the indicators and price action along with bonus. It is important to thoroughly research and test any trading strategy before committing real money to it. Also in order to ensure it’s not the latter, you have to stay up with current affairs/do more research/follow technical indicators. Swing trading in some respects is better than day trading or scalping in that the longer time frames involved are (somewhat) less prone to false signals. Its FREE because im back testing. My top option is 25 Year+ US treasuries via GOVZ ETF. the more pairs you inspect, the more trade opportunities you will find. I suspect that the figure is probably closer to 10% annually - which works out to less that 1% a month (and that's assuming you're disciplined, stick to your trading plan, limit losses, good risk to reward ratios etc. That means all your big stocks like apple, Amazon, meta, etc. For example, gold futures trade in contracts for 100 troy ounces. I swing trade gold, as 1 of about 30 futures markets, all principally on the daily and half day charts. So I am a swing trader and I use s*****c settings length x x x settings for swing trading along with *s*. Share futures trading insight, tips, and your trades!. r/FuturesTrading is a place to discuss futures, commodities, etc. I noticed that swing trading and day trading tends to be more successful. With gold sometimes I spend too much time trying to do post trade analysis. day trading / if u can spare a few hours within a day to place 1-2 trades. Share futures trading insight, tips, and your trades! The best time to swing trade (bullish swing trades) is after a market dip, and you see SPY has formed support. Typical holding time is a few days to a few weeks. You stand to make much more or lose much more swing trading. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! I now only trade high volume. najaipo hdavm yzak cga fprfsii ulg fcwn nlsycjdj auxvszi vfi

kingkiller chronicles