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“Break even time or recovery time becomes too long to be patient…”

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Dear Sir:

My biggest challenges are:

1. Whenever the trend changes, pull back or correction, it becomes too much and losses increase. I keep watching my losses. Break even time or recovery time becomes too long to be patient and I book losses 6-7 times out of 10 in swing trading.

2. I want to do intra-day trading on margin, but I’ve never started as I fear losing money due to a sudden change in trend.

Regards,
S.

That’s two very bad strategies.

Keep doing those two and one year from now?

More losses.

Have you considered trend following?


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