Thoughts on Day/Swing Trading

[VJAY]

Dear STda,
Please Take care of your health ........

 

[adityasaraf007]

ST Sir, the purpose of all these Take Care posts is that once you come back fitter, you feel nice about all the caring people around you........ it's not meant to be read now......... but you are compounding your problems continuously reading and thanking these posts..... These posts can wait for you.....

Please have some rest..... Take care

 

[AW10]

Wishing you fast recovery ST. Take care.

 

[trader.trends]

Hi ST, Health is priceless. Take care and wish you speedy recovery.

 

[yoza]

Wishing recovery ST, have same rest, take care.

 

[4xpipcounter]

Smart Trade, sorry to hear. Your knowledge is invaluable. Of course, your health is much more important than the forum being a benefactor of your knowledge. Please take care of yourself, and we look forward to hearing from you when you get on the other side of the issues.

BTW, if this helps, I'm 55 years old, and similar to you, I have lots of screen time. One of the things that has helped me is getting plenty of exercise. I also take plenty of breaks and gets lots of psychological sunshine.
I don't know if it helps, but we are all standing behind you.

Hello E1,

Attending to some health issues like back pain, spondylitis.....occupational hazards of daytrading with sitting infront of the terminal/computer for 8-10 hours a day......I have been adviced by doctors to immediately cut down on my computer time drastically.

But will soon address these issues and return to posting and sharing whatever knowledge I have about trading.

Best wishes,

Smart_trade

 

[4xpipcounter]

Good point! Trading against the overall trend is like paddling upstream. You can do it, and it takes more effort.
What can happen in trading against the trend is that you could be paddling along and making good progress. All of a sudden, you stop paddling. It takes less effort to go backwards when not paddling as paddling with all your might. In essence, when you see the movement in an anti-trend get tired, just get out.

Another point: If you get in a trade and you know it is in the trend, and let's say you thought you found the perfect point to jump in. In stead, you messed up. The trade goes against you. If you know you are in the trend, then just be patient. The trade will turn your way and you will bag the pips / ticks.

Thanks AW10...totally agree on the above...particularly on keeping the ego under check and cutting the loosers fast as you are trading against the trend.....it could be very rewarding but it could be risky and may turn out to be very painful if loosing trades are not closed fast....one has to be very nimble footed with this kind of trading....it is not a easychair type of trading...

Thanks for bringing out the safeguards ...

Smart_trade

 

[EagleOne]

.................

 

[msa5678]

Hello E1,

Attending to some health issues like back pain, spondylitis.....occupational hazards of daytrading with sitting infront of the terminal/computer for 8-10 hours a day......I have been adviced by doctors to immediately cut down on my computer time drastically.

But will soon address these issues and return to posting and sharing whatever knowledge I have about trading.

Best wishes,

Smart_trade

Hi ST,

Hope you get well soon. Pls take one glass of milk before going to sleep. Aslo calcium tablets will solve the back problem. Milk alone is a good supplement.

Regards

 

[S-1585]

Hello st,
wish u a speedy recovery. Get professional help of yoga or physio.
Take care.