I think swing trading is a fools errand. I just want to admit I have a gambling problem, and warn those who are new that the risk is very real that you can lose almost everything you put in with nothing to show for it but a handful of bad days. This is not a way to get rich quick, and it doesn’t matter how good you are at models/math/fundamentals/etc you won’t have a secret formula or edge against the market. Just buy passive instruments and make consistent contributions. I’m personally going into bonds. Idc if the returns are lower, at least they aren’t negative.
Edit: Thanks for all the constructive feedback. I really didn’t expect this post to get so much attention. I unintentionally learned a lot and plan to start backtesting as well as trimming the amount of methods I use. Still plan to find a safe place to put my money while I do this, but will likely pour over some bond charts before committing to entry points.
Submitted February 21, 2018 at 02:15PM by HyerStandards http://ift.tt/2Gwa1yM