Swing trading gold reddit. com, a trading forum run by professional traders.

Swing trading gold reddit The Real Housewives of Atlanta; The Bachelor; Sister Wives; 90 Day Fiance; Wife Swap; The Amazing Race Australia; Married at First Sight; The Real Housewives of Dallas It's a huge improvement for day traders at least. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Welcome to FXGears. I have seen people saying you can make 20% - 30% annually swing trading. Risk Tolerance and Capital Allocation. 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. 4 & 5. What stocks have you been trading if I may ask? as a pro trader, swing trading is macro so if the macro is in ur direction, then the night before u scan for your trades setup and plan what u are gona take (micro). It is a calculation based on the prices of options on the S&P 500, not just their aggregated prices in the way that the S&P 500 index is an aggregation of the stocks that it references. Share futures trading insight, tips, and your trades! Yes, you can swing trade with 1hour timeframe, but try trading using at least 1 or 4 hour timeframes. scalping if you have any time in the world to watch your screen most of the time. My top option is 25 Year+ US treasuries via GOVZ ETF. Personally, I find value in using both the MACD and RSI in my trading strategy. Intraday - now i mostly trade off just multi timeframe volume, price action and candle analysis, support/resistance zones and pivots, L2 and T&S, and vwap. I typically look for investor sentiment and swing trade on the optimism and sell before the planned news date. I use what I learned from the book in almost every swing trade. Stoploss and TP info provided. With gold sometimes I spend too much time trying to do post trade analysis. Or throw your money into the toilet. I also want to echo the recommendation on dummies books for swing trading. I'm happy to elaborate further if anyone is curious or interested. I would suggest carefully reading each chapter and taking notes. FTNT swing trade. Welcome to FXGears. 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. Below, we outline seven powerful strategies that blend technical analysis, price action, and risk management to help you succeed in gold swing trading strategy . 3. Now I'm wondering if it's a viable strategy to make good or satisfactory amount of extra money on daily basis. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Technical Analysis of Stock Trends is one of my favorites. All stocks have some level of volatility, and with that 1:4 ratio, your stop loss will stomp you out from basic volatility. 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. So I am a swing trader and I use s*****c settings length x x x settings for swing trading along with *s*. Must-Have Components of a Trading Plan: Trading Goals and Objectives. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! "starting a 9-5 job soon" + "swing trading" = just don't. You don't swing trade unless it is your full time gig and that is what you are doing for a living. Entry and Exit Rules. Dec 27, 2023 · Swing trading is ridiculously easy if the holding period is one year or longer, qualifying for 0% LTCG's. because your swing trading the market moves pretty slow for you to enter and exit. For example, gold futures trade in contracts for 100 troy ounces. Also in order to ensure it’s not the latter, you have to stay up with current affairs/do more research/follow technical indicators. Its not specifically about swing trading, yet explains the psycology behind patterns, support/resistance, etc. Yes indeed. When I get my emotions under control, I start plotting out a trading month 2 weeks before it starts. Like its really good. 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. 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. Nice work man. 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. check once at market open and once at lunch boom done. For swing traders, it's a great improvement too once they actually get the funded account. Now we can trade through high impact news and hold runners over the weekend if we want. Volatility provides many more excellent swing trading opportunities, both long and short. 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. Hope that helps someone out there! Ok people. To be fair though, you are taking more risk with this strategy. the more pairs you inspect, the more trade opportunities you will find. Swing traders can go through a multi-month drawdown even with a profitable strategy, b That said, I learned it was FAR more important not to lose all your money than it is to make money. So, if gold is trading for about $2,000 per ounce, each futures contract is $200,000 in value. Stick with a 1:2 ratio for now, or you can even go with a little less ratio than that. If your trade went wrong you can go back and it is much easier to analyse what went wrong. Oil is measured in barrels, which are about 42 gallons, and each futures contract is for 100 barrels. Now I trade mainly at the close and open, but still monitor occasionally throughout the day. 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 read in many places that trading gold is the most difficult asset, but like you, I want to trade only this. Let's hear your r/swingtrading: Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring… ADMIN MOD • This community will be a work in progress as I learn to navigate Reddit. If I place a random trade on Silver or Oil or Natgas, I usually make a profit, but Gold is really up and downs. I also trade other high volume stocks like Palantir, Mara, Intel. ). day trading / if u can spare a few hours within a day to place 1-2 trades. For clarity, you can also look at DXY chart and then trade it inversely on gold. IMO, generally, if you have to ask it’s better to buy and hold. rinse and repeat. Trade Management: If trade reaches 1:1 reward-to-risk ratio, move stop loss to breakeven. I'm not sure why. com, a trading forum run by professional traders. PG swing trade UNP swing trade. That means all your big stocks like apple, Amazon, meta, etc. 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. Swing trading IS your 9-5. I noticed that swing trading and day trading tends to be more successful. There is no way to purchase VIX with high fidelity. 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. Note: I have split my portfolio in equity and non-equity allocation. Gold worth looking at past 6pm GMT? Im profitable but miss alot and it's slow going swing trading. Gold is actually very enjoyable to trade, it respects trendlines very much. I used to stare for hours at a screen watching crappy stocks move like . Ok, so I trade gold every day for the last 2 years. The plan is to buy them now and exit when interest rate falls. However, when you do this, don’t focus on one trade – focus on your portfolio as a whole. Whether it’s flipping stocks, shoes, sports / Pokémon cards, or some random bs you find at a thrift store. Just do longer term trading you can do during breaks and make use of GTC orders and stop losses/determined loss Welcome to FXGears. Its a heavy read. How did I know when I needed to sell? When I needed the money, I sold some index fund shares. swing trading if you are busy (maybe because you are already earning well by doing other things, time consuming job, etc). . This turned into a big loser. If I'm more excited about the profit potential of a trade, I know I'm emotionally compromised. It is more chaotic compared to trading a currency like EURUSD where bad news in the country usually means currency will take a hit. I have been reading and studying swing trading. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! I now only trade high volume. I very rarely trade a penny stock. I have did swing trade with GOLD in the past. The fun part starts when he you get to know he runs a paid group and has nearly 80k subs on youtube. 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. It is important to thoroughly research and test any trading strategy before committing real money to it. It is not an asset that an ETF could hold for you. I can scan through 200 charts in 30-40 minutes, and find excellent swing trade setups, both long and short. Risk Management and Position Sizing. As a swing trader, fundamental analysis is completely irrelevant to any of my trading. I back the fuck off the trade fora while. The objective of this community is one thing and one thing only: MAKE MONEY. r/FuturesTrading is a place to discuss futures, commodities, etc. Indeed, each of these indicators - Stochastic, RSI, and MACD - provides a unique perspective on price momentum and potential reversals. He is my best sentiment indicator and counter trading him has yielded almost a 100% win rate. 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. 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. Each contract is for a standard amount of the underlying asset. There are traders who hold the position for a few days too and are making good profits. Reply reply 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 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. 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. ESPECIALLY if you are trading penny stocks. 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. I swing trade gold, as 1 of about 30 futures markets, all principally on the daily and half day charts. Any of Mark Minervini's books are gold for swing traders. I don't want to buy Gold at this moment at these high prices, so I am looking for other super-safe options now. Somehow it feels like it's a good mix of all strategies I've mentioned above. No way, 5-10 is far too few to look at. Look at OVV, a position I was in profit on but kept on as a swing to balance out shorts in my portfolio. Trade Management. I have read, reread "Trade Like a Stock Market Wizard", "Think and Trade Like a Champion", and "Mindset Secrets for Winning" multiple times now. I can't get a consistent 20-day green, for example. Its FREE because im back testing. I swing trade 15 FX pairs in the exact same way but using the W,D and H1 as entry. But for the challenge, they're faced with the same problem as before. Same effect. Trading Style and Strategies. Swing trading, which primarily (but not exclusively) relies on technical analysis, is certainly a different beast from investing, which is predominantly fundamental analysis. Unfortunately work means I can't be by the screens all day 😥 I'm in the UK too. Liquidity. Review and Adaptation. 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 […] Oct 24, 2024 · Implementing the right XAUUSD swing trading strategy can be the key to capturing profitable opportunities in the gold market. Gold pumps when dollar dumps and vice versa. intraday to a potential swing trade - I add indicators to the mix for additional confirmation. 15 in a day. yrld mijcf trsv onx udmzwti mhvr fkxuq ioil vkhokdq bfedjcs