Stocks vs other instruments
|June 1st, 2013, 05:45 PM||#11 (permalink)|
Prince George BC Canada
Futures Experience: Advanced
Platform: IBs TWS
Favorite Futures: Stocks
Posts: 565 since May 2013
Thanks: 78 given, 598 received
No. I only swing trade. I usually hold for a couple days to 2 weeks or more. Iím considering adding a time stop to my strategy but havenít yet. Iím not sure of an optimum time to give a stock. If I have a day trade it's because my stop got hit the same day as I entered.
Ya, gaps present a challenge. For that reason I don't hold a stock during earnings announcements. News caused gaps are part of the business. Nothing I have control over so I donít really worry about them. My experience is about 50/50 in my favor. However I end up taking bigger losses on gaps than my plan calls for.
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