Jagui's journal to freedom
|October 7th, 2010, 12:18 PM||#71 (permalink)|
Italy - Roma
Futures Experience: Intermediate
Platform: Sierra Chart
Favorite Futures: Index futures
Posts: 195 since Jul 2010
Thanks: 248 given, 277 received
Recent swing trades
I'm sharing the recent swing trades I made on dbFX and Oanda. dbFX doesn't keep the arrows on the chart, so I edited the pics to mark the entry and exit points. I'm not liking dbFX, low liquidity (sounds absurd) and/or stop hunting. I'll close my dbFX account soon and move funds to Oanda. Oanda has also the advantage of unlimited flexibility in position sizing, which is great, as I can scale in/out any quantity I want.
I started swing trading again on 29 of september, so far I had 2 losers and 5 winners, with a total profit of a bit more than €6500 (the most part on the silver trade, I was so sure about this trade that I took a bigger position). Swing trading is way more relaxing than day trading, you have plenty of time to look at a position or a candidate trade, and also can incorporate fundamentals in trading decisions, while in day trading you have to react fast.
I'm taking a break with day trading, I didn't find a way of day trading which is compatible with my daily job. Overall I lost some bucks (not much) but it's not about money, it's about being unable to do both day trading and working. Maybe I'll give a try to develop an automated system, don't know, I need to elaborate more on this. For the moment I'm taking a break.
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