To use chat, please login.
Back to contacts

day trade or swing trade what do u prefer ????

xdj3richo
Oct 30 2014 at 08:29
61 Beiträge
@growthera how many trades do u take per month and whats ur ROI per month ??

way2fx
Oct 30 2014 at 08:34
8 Beiträge
15M chart trading with trend lines

smartestfinance (smartestfinance)
Oct 30 2014 at 13:09
1 Beiträge
I am trading on daily basis following a macro approach.

growthera
Oct 30 2014 at 13:18
86 Beiträge
I take about 15 trades/month. I don't measure ROI monthly. The shortest timeframe I use to evaluate my systems is a rolling 3 months. With 15 trades/month there are just not enough trades in 1 month to draw any performance conclusion. I you want to see my statisctics, just click on my profile, as I am sharing my account here on myfxbook.

Hendra Lau
hlau (hlau)
Oct 31 2014 at 15:17
23 Beiträge
Day trade is nice, but swing trade for weeks / months IMO is the path to richness. I can hold position for weeks and months. I see many people often hold losses so the equity growth line (yellow line) is below the equity line (red line). But seldom do I see people let the winners run.

I don't mind holding my winners and cut my losers quickly. You can see that in my account's graph.

xdj3richo
Nov 04 2014 at 08:06
61 Beiträge
i wonder how many are fulltime scalpers ???

growthera
Nov 04 2014 at 10:45
86 Beiträge
Hendra, about the holding positions for months.. Although I tend to agree on the principle, I don't do it because over time swaps just keep eating too much of the potential profit. Do you have special account conditions where this is not an issue for you? I tried to have a look at your account to understand how you do it, but a part from the graph, everything is hidden so I was not able to learn from that. Any chance sharing the trade history? I understand people don't share their account details, however I don't see the harm in sharing a trading history. Any comment would be appreciated. Oh and... congrats on your performance. Tks.

Hendra Lau
hlau (hlau)
Nov 04 2014 at 11:52
23 Beiträge
growthera posted:
Hendra, about the holding positions for months.. Although I tend to agree on the principle, I don't do it because over time swaps just keep eating too much of the potential profit. Do you have special account conditions where this is not an issue for you? I tried to have a look at your account to understand how you do it, but a part from the graph, everything is hidden so I was not able to learn from that. Any chance sharing the trade history? I understand people don't share their account details, however I don't see the harm in sharing a trading history. Any comment would be appreciated. Oh and... congrats on your performance. Tks.


Hi growthera, my account is interest free. I paid more spread in each trade for the privilege of interest free account. I neither get any positive nor negative carry. Some brokers allow you to do that if you tell them you want interest free account.

xdj3richo
Nov 05 2014 at 07:55
61 Beiträge
@hlau How many pairs do you follow at one time ???

Hendra Lau
hlau (hlau)
Nov 05 2014 at 11:06
23 Beiträge
@xdj3richo: I follow 16 pairs because I use market correlation technique, also important to pick the best pair to trade using strongest to weakest currency analysis.
Major pairs: EUR/USD, USD/CHF, GBP/USD, AUD/USD, NZD/USD, USD/CAD.
Yen pairs: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY.
Crosses: EUR/GBP, GBP/CHF, EUR/AUD, GBP/AUD, GBP/NZD, AUD/NZD.

Also traded indices and commodities.

Um Kommentare abgeben zu können müssen Sie sich einloggen.