“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?

Filed under Trend Following