When to convert a Daytrade to a Swing trade

rajputz

Well-Known Member
#11
IMO i study the selected stock before entering the market. I Try to gain intraday profit on them in the direction i have chosen. if it goes worse more then i think like sudden fall, when whole market behaves indefinitely only then i take it to swing. it Stucks me for two or three days plus nice profit. if the market is normal then i let my my stoploss hit and try to squareoff the same day only. it all depends upon for how long time period you can hold the stock and what are your expected targets. Also if share behaves opposite to me, like not performing as expected then i square it at par or at stoploss and look for another oppertunity. man theme for me is to have a plan for every day, weather i want to take smalll or big profit based upon TA
 

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