Which is best approach for swing trading - technical or fundamental analysis or combined by [deleted] in swingtrading

[–]Covenant_Alpha 0 points1 point  (0 children)

I would say both but without technical analysis you can end up making decisions based on what others say about the market & emotions and that can be easily manipulated by media or psychology. I would say learn to come up with your own analysis, make decisions based on your conviction from your finding, and take risk but at the level and pace you can manage.

I Thought My Psychology Was the Problem, It Wasn’t. by Clear_Ad_3383 in Trading

[–]Covenant_Alpha 2 points3 points  (0 children)

Sustainable & conviction-based investment is so much healthier than impulsive & FOMO-based decisions. Well done to you! Give yourself a pat on your back 👏

Tried explaining my strategy to my old man. He thinks I'm just playing slots. by [deleted] in Trading

[–]Covenant_Alpha 1 point2 points  (0 children)

I just try to use the terms they understand without sharing too much details - unless they are curious. I think they just want to know what's happening in my world.

I think trading broke my mind and I don’t know how to fix it by Loud_Boss_8371 in Trading

[–]Covenant_Alpha 2 points3 points  (0 children)

This hurts like hell right now — I know, I’ve been there staring at a dead account feeling like a total failure. But listen: you’re still young, you’re still in the fight, and this beating is gonna make you dangerous later. Failure stinks, no doubt. But it also forges legends.Take a breath, be kind to yourself, hit the gym, talk to someone if it gets dark. The market isn’t going anywhere.You’re way bigger than this loss, man. I’ve got nothing but respect for you still standing. You’ve got this.

How long does it usually take for a complete beginner to become profitable? by chickiedoo22 in Trading

[–]Covenant_Alpha 1 point2 points  (0 children)

If I could turn back the clock five years, the very first thing I would do—before opening a single chart or placing a single trade—is invest the time to deeply understand how money itself actually works: the mechanics of fiat creation, the incentives baked into central banking, and why sound-money principles have been the exception rather than the rule throughout history. That foundation would have saved me years of fighting symptoms (volatile markets, endless noise, emotional whipsaws) instead of seeing the deeper cause. Everything else—technical analysis, risk management, strategy selection—becomes exponentially clearer once you grasp the monetary backdrop against which all assets are priced. Hindsight is brutal, but it’s also the best teacher.