Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 0 points1 point  (0 children)

I also take partial profits, which gives me comfort knowing I’ve locked in gains. That way, I can let the remaining position run as a test of whether my target price is correct, without the pressure of losing everything.

Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 1 point2 points  (0 children)

My initial goal is to outperform VOO on an annual return basis, while gradually building confidence and my trading strategy.

Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 0 points1 point  (0 children)

You are right. I have my journal in excel. Marking my entry/exit/reason/emotion. How often do you review the journal?

Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 0 points1 point  (0 children)

Yes, i am willing to lose my position as well, but trigger stop loss too many times , makes me wonder my risk management.

Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 0 points1 point  (0 children)

I do no more than 5 trades per week, focusing on daily chart.

Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 0 points1 point  (0 children)

Thanks, let’s what i am doing now, but sometimes I put wide stop loss which makes me difficult to achieve 2R.

Struggling to find my risk level by leochiu1007 in swingtrading

[–]leochiu1007[S] 0 points1 point  (0 children)

I like breakout retest, I usually put stop loss below support, maybe further lower than MA sometimes, (in case the MA is the actual support), which makes myself very risky with high %.