I split my portfolio 75/25 .... 75% of my capital is reserved for my swing trades and the other 25% is used for my day trading. I find that having some "change" to play around with in day trades, reduces my urge to interfere with my swing trades through being impatient. It works for me.
What about “averaging down” and keeping the initial buy as a Swing and the DCA buys as Day Trades? Noticed with a lot of stocks, especially solid ones, they will go down below your initial buy many times but it never goes below moving averages. So you can catch the daily ups and downs with those lower buys and keep the initial buy until it goes in the green for profit .
Thanks Markus, I found this video very helpful (and I just started reading your awesome book). I've watched one of my trading buddies day trade the e-minis and he routinely makes $300 to $400 in an hour or so and then stops for the rest of the day. I'm going to take a better look at it. But swing trading will always be my go to for speculating and investing. Cheers.
I'm always appreciative of your time for making these videos, and your frankness and honesty in discussing trading, especially for beginners like me. There are SO many books, websites and blogs about trading it is overwhelming for this newbie. Day Trading for Canadians for Dummies has been helpful in breaking it all down, but even in that beginning book, they make reference to things they don't define. As someone who always wants to know the WHY before the HOW, it gets frustrating. Your videos and Facebook posts have been helpful in that you tell us why and not just how. Thank you so much!
Stay online bruh, i think besides your wonderful teaching style you are a genuine person who wants your subscribers to succeed. Just discovered you and will be joinig your courses soon. Appreciate you much.
I'm coming from the old school philosophy of "Time IN the market, not timing the market" (i.e. set it & forget it). That was until 2009 when all of my time in the market evaporated. Over the past 5-6 years I've accelerated from a 40yr expected ROI to a 2-3 year turn around. I've been careful & have picked mostly winners but the idea of actively trading & taking profits is new to me & I've since began to strategize a 30 - 90 day cycle. With yours mentorship I'm feeling confident about condensing that cycle to a 5 - 20 day swing cycle. I guess it's another interpretation of your "high-jumping bar" analogy except it's not the size of the trade/return but rather the duration of the trade & return. Appreciating your vids, Markus, thanks!
Matty, I agree 100%: Back in the days, especially in the 90s and early 2000s, "buy and hold" worked perfectly. But these days, markets are more connected than ever and "jumpy". Sep and Oct 2021 are a perfect example for that. So YES: I believe that these days a trader who knows how to swing trade shorter term cycles will outperform a "buy and hold" trader. 👍
Thank you for shedding light on the nuances of swing trading versus day trading. Your analysis has been enlightening, providing clarity on the profitability of each strategy. I appreciate the valuable insights that will undoubtedly guide my trading decisions. Grateful for your expertise in navigating these financial landscapes.♥
An excellent video, very well explained. Can I ask: what are your views on position trading (i.e. longer-term trading) compared to the two styles here?
I do both. When I see a stock that has snail paced potential but potential nonetheless, I throw it into my swing trade bin. When I see a stock good for day trade, I day trade it.
Hi Alias, I personally find swing trading easier than day trading. And YES, you definitely should have a trading strategy. That doesn't mean you have to be an expert, but without a proven trading strategy, it will be SUPER difficult to make money. If you would like to know what I am doing, you can see my trading strategy here: myTradingRoutine.com Does this help?
Awesome! If you want to reach out to Markus and the Rockwell Trading team you may connect with us on these social channels: Facebook- facebook.com/markusheitkoetter Instagram- instagram.com/markusheitkoetter_/
I also consider how many trades I'm making ie swing trading is less calculations for my taxes later, day trading means more calculations for average cost calculations
I made over 5500 in 2 days of day trading, I found it difficult to stay consistent, I prefer swing trading and I'm making a few thousand dollars a month.
That's a great question. And to be honest: i don't know. Even the "98% of day trader lose money" statement has rarely been backed up with data. But often Day Traders ave a gambling mentality, while swing traders seem to have a plan about what to do. Therefore, I would assume that the percentage of swing traders who lose money is lower. Would you agree?
I split my portfolio 75/25 .... 75% of my capital is reserved for my swing trades and the other 25% is used for my day trading. I find that having some "change" to play around with in day trades, reduces my urge to interfere with my swing trades through being impatient. It works for me.
Awesome! Thank you for watching and sharing your thoughts here. 😊
Smart because Swinging is less risky in a way.
What about “averaging down” and keeping the initial buy as a Swing and the DCA buys as Day Trades? Noticed with a lot of stocks, especially solid ones, they will go down below your initial buy many times but it never goes below moving averages. So you can catch the daily ups and downs with those lower buys and keep the initial buy until it goes in the green for profit .
Thanks Markus, I found this video very helpful (and I just started reading your awesome book). I've watched one of my trading buddies day trade the e-minis and he routinely makes $300 to $400 in an hour or so and then stops for the rest of the day. I'm going to take a better look at it. But swing trading will always be my go to for speculating and investing. Cheers.
Awesome! Swing trading and day trading are great.
I'm always appreciative of your time for making these videos, and your frankness and honesty in discussing trading, especially for beginners like me. There are SO many books, websites and blogs about trading it is overwhelming for this newbie. Day Trading for Canadians for Dummies has been helpful in breaking it all down, but even in that beginning book, they make reference to things they don't define. As someone who always wants to know the WHY before the HOW, it gets frustrating. Your videos and Facebook posts have been helpful in that you tell us why and not just how. Thank you so much!
I am so glad that my contents help! :)
Stay online bruh, i think besides your wonderful teaching style you are a genuine person who wants your subscribers to succeed. Just discovered you and will be joinig your courses soon. Appreciate you much.
Awesome! Thank you for watching! :)
Thank you, I’ll follow your advice, I’ll start with swing trade and when I’ll be more comfortable with trading I’ll add a day trading too.
That's a great plan! Love it 😀
I'm coming from the old school philosophy of "Time IN the market, not timing the market" (i.e. set it & forget it). That was until 2009 when all of my time in the market evaporated. Over the past 5-6 years I've accelerated from a 40yr expected ROI to a 2-3 year turn around. I've been careful & have picked mostly winners but the idea of actively trading & taking profits is new to me & I've since began to strategize a 30 - 90 day cycle. With yours mentorship I'm feeling confident about condensing that cycle to a 5 - 20 day swing cycle. I guess it's another interpretation of your "high-jumping bar" analogy except it's not the size of the trade/return but rather the duration of the trade & return. Appreciating your vids, Markus, thanks!
Matty, I agree 100%: Back in the days, especially in the 90s and early 2000s, "buy and hold" worked perfectly. But these days, markets are more connected than ever and "jumpy". Sep and Oct 2021 are a perfect example for that. So YES: I believe that these days a trader who knows how to swing trade shorter term cycles will outperform a "buy and hold" trader. 👍
Thank you for shedding light on the nuances of swing trading versus day trading. Your analysis has been enlightening, providing clarity on the profitability of each strategy. I appreciate the valuable insights that will undoubtedly guide my trading decisions. Grateful for your expertise in navigating these financial landscapes.♥
I am glad that this helps! ;)
An excellent video, very well explained. Can I ask: what are your views on position trading (i.e. longer-term trading) compared to the two styles here?
I do both. When I see a stock that has snail paced potential but potential nonetheless, I throw it into my swing trade bin. When I see a stock good for day trade, I day trade it.
😀👍
Subscribed today and this is the second video i watch. Hit-rate is so far 2 x 100 % :) big thnaks.
Awesome! Thank you for watching and subscribing. 👍👍👍
I love the way you teach. Very on point
Thank you! :)
Do you offer classes?
Yes, we do! Please reach out to us at social@rockwelltrading.com
Makes perfect sense!
Thank you
You are welcome! ;)
I want to swing trade, do I have to be an expert to do it and is it very volatile if I’m not
Hi Alias, I personally find swing trading easier than day trading. And YES, you definitely should have a trading strategy. That doesn't mean you have to be an expert, but without a proven trading strategy, it will be SUPER difficult to make money. If you would like to know what I am doing, you can see my trading strategy here: myTradingRoutine.com
Does this help?
Proudly a swing trader
Awesome! If you want to reach out to Markus and the Rockwell Trading team you may connect with us on these social channels:
Facebook- facebook.com/markusheitkoetter
Instagram- instagram.com/markusheitkoetter_/
Day trading has more compounding effect than swing trading ?
it compounds both ways.
@@RLIAU lol
CFD markets are open around 8-9 PM 👍
Thanks for sharing that information! 😊
I also consider how many trades I'm making ie swing trading is less calculations for my taxes later, day trading means more calculations for average cost calculations
It is not that bad if you can keep track of it.
thx
You are welcome!
Hi Markus,
What time frame do you use for swing trading when you use your your 3 indicators, the RSI, MACD and STOCHAS? Thanks
For swing trading, we use daily charts
@@rockwelltradingservices thanks
You are welcome!
I do 5-50 days
Awesome! :
How much do you pay TH-cam to put these ads on bere and how many are the positive comments costing you?
Lol! That is not how TH-cam works. TH-cam pays you if you have a lot of subscribers and viewers.
I made over 5500 in 2 days of day trading, I found it difficult to stay consistent, I prefer swing trading and I'm making a few thousand dollars a month.
That is awesome! :)
Danke Markus, i am so excited to watch your videos.
You are welcome! I am glad that this helps! :)
Swing trading
Awesome!
Forex moves 8-9pm sometimes 😂
Seems like the comments are scripted and not organic
Which comments are you referring to? There are a lot of spam comments and I have been trying to ban those people. :P
I don't understand any of it, but, I'll trade ya a gallon o' hootch fer $110.00 day or night, preferrably might though, one with no moon!!
Good luck with that! Just keep learning if you are interested to learn how to trade.
I’m more confused. Thank you
Hi Ewan, sorry to hear that. How can I help? What's confusing you?
Day trading has a reputation of 98% of traders losing money. What’s the rate for swing traders?
That's a great question. And to be honest: i don't know. Even the "98% of day trader lose money" statement has rarely been backed up with data. But often Day Traders ave a gambling mentality, while swing traders seem to have a plan about what to do. Therefore, I would assume that the percentage of swing traders who lose money is lower. Would you agree?