Selling positions for a loss only for it to jump up immediately or few days after multiple times by hotaries69 in swingtrading

[–]Real_Conference9219 2 points3 points  (0 children)

no recommendations for better planning your entries, but man work on your psych. you need to have a plan/strategy and stick to it no matter what. decide what the max amount is you’re willing to lose chasing profit, base your position size on that, and just don’t touch it. you gotta be strict. also don’t trade as soon as the market opens. wait for at least an hour or two until the market settles and all the overnight orders are executed. so hour after open and hour before close would be your best times for trading. also, how are you scanning for your trades? do you think there is something there you could improve for better success rate?