The Daily Routine of a Swing Trader

A trader may also have to adjust their stop-loss and take-profit points as a result. In our Traders Improved podcast series, we share a lot of practical tips around how to become a better trader. We talk about our daily lifes as traders and share tips around self-improvement and hopefully empower other traders to achieve their full potential. The swing trader’s focus isn’t on gains developing over weeks or months; the average length of a trade is more like 5 to 10 days. In this way, you can make a lot of small wins, which will add up to big overall returns.

swing trading podcast

And ever since then, I’ve been hooked on the podcast. Welcome to the Modern Stock and Options Trading Show. This is the podcast where portfolio manager and professional investment educator, Russ Mathews, shows you how to trade with an edge in today’s markets. To powerfully BOOST your portfolio and manage the downside risk. If you’ve ever thought about investing in real estate but weren’t sure exactly how to get started, then Investing in Real Estate with Clayton Morris is the place for you.

I’m always about following what’s my passions and my purpose. So I feel like one I fell in love with trading. So I love that I can continue to dance and do fitness, but have on the side, something that I’m very passionate about that actually makes returns that I can, know that I can live off of. So first increasing my portfolio and then be able to have consistent livable income that is much more than I have right now. This is by far the best stock trading podcast I’ve found and the only one I look forward to. DailyFX’s Trading Podcast, Trading Global Markets Decoded is a look through the world’s largest tradeable market, Foreign Exchange.

When Trading Conditions Change What do you do when trading conditions change? Check out the Journey To Launch Podcast index here which categorizes all of the Journey To Launch podcast episodes by subject. Now you can binge on your favorite topics or type of episode. I think that there’s always a lot of doubt and “will something work?” But I will say if you put the work in, it will work.

Because I just didn’t want to have both of them. So that was important for me because I think some debt you can have, as you start to invest in yourself, but it depends on the amount. And you basically you’re planning to pay it off. So if you invest in yourself, but it completely takes you behind your plan to pay off your debt, or it’s something that’s going to continue to improve accrue too much interest per month, then I would say maybe not do it. But right now, student loans do not have interest. So of course, I was like, let me do this course.

If you are happy with a 20% gain over a month or more, 5% to 10% gains every week or two can add up to significant profits. Swing Trading is a strategy that focuses on taking smaller gains in short term trends and cutting losses quicker. The gains might be smaller, but done consistently over time they can compound into excellent annual returns.

So I basically I share dance fitness and inspiration, I eventually want to get into life coaching. So that’s something that’s also been a passion of mine. So I’ve been slowly starting to integrate that within my Instagram.

The Trade Ideas Podcast

Spurred on by a lack of confidence in traditional currencies, and an exciting new way to make big money fast, cryptocurrencies are a favorite of beginners and seasoned pros alike. Cryptos like Bitcoin are risky investments, though. They fluctuate widely and winning or losing can be determined in the blink of an eye. Day traders execute short and long trades to capitalize on intraday market price action, which result from temporary supply and demand inefficiencies. A position trader buys and holds an investment long-term with the expectation that it will grow in value. Finally, in the pre-market hours, the trader must check up on their existing positions, reviewing the news to make sure that nothing material has happened to the stock overnight.

And I didn’t really put much effort into it, I would just look at it every now and again. But once she said that you can make a livable income and we were in COVID, I’m a dancer and a fitness instructor-lost a lot of my jobs. I was like, this is the best time to jump in. And I fell in love with Teri, I think most of us that’s just how it starts. But when you’re on a call with her, you could just feel that she’s a good person.

As a money expert who walks her talk, she helps brave jorneyers like you get out of debt, save, invest, and build real wealth. Join her on the journey to launch to financial freedom. The Desire To Trade Podcast goal is to help you develop Forex trading skills for more freedom. Etienne Crete interviews successful traders from around the world. His focus is on providing you with lessons from his personal trading experience and his conversations as he trade and travels around the globe.

And I really think because you introduced us to that course, is one of the reasons why I took a chance and did make the financial commitment. I guess I’ll just put this out there, I’m Jamila’s little sister. So I’ve known about Journey to Launch from its beginning stages. I remember when you were unsure if you wanted to do it at all.

Why The Market Sucks Right Now and When It Will Get Better (Midterms Elections)

But now that I’ve started I’ve fallen in love with it. So I took the Trade and Travel class in June, and I did do practice trading while we were in the course. So because I also I initially signed up for Trade and Travel but then I upgraded to VIP, which is what I’m doing right now. So, during that break in July, I traded in my practice account. And I also started trading in my Live account, but I’m using less money.

Risk Disclaimer

This allows swing traders to diversify their investments and keep a level head while investing. This podcast features interviews with traders at all different levels. You’ll get deep insights into the personal experiences of a number of day traders, swing traders, and long-term traders who work in all different asset types. Other market professionals are also featured on the show, sharing their stories and experiences to help the listener learn from their successes and failures. I feel like I definitely need to have like an updated conversation with you ladies in a year to see and dive more into your individual stories.

He also provides the specs on a number of key hardware aspects, as well as his preferred trading platform, and where he got his trading desk from. And he answers the question that many people want 12trader to know, “What is the difference between SharePlanner’s Trading Block and Swing Trading The Stock Market’s Patreon account?”. Well, based off of your journeyer stages, I’m in the cadet stage.

Swing Trading positions are usually held a few days to a couple of weeks, but can be held longer. I share with you a trader interviewed I’ve been a part of. I was interviewed by Tech Guys Who Invest to discuss Forex swing trading for beginners and how to learn the basics of Forex trading to become financially independent. Because this podcast is more technical, it’s a great resource for anyone who wants to dive deep into trading methods and strategies. Ryan Mallory teaches using a mix of his own personal experiences from more than 2 decades of swing trading as well as breaking down technical concepts that you can start applying immediately. Trimming The Watch List For working traders or those with a heavy family load, it can be difficult combing through hundreds if not thousands of stocks looking for that one quality swing trade setup.

Stag is a slang term for a short-term speculator who attempts to profit from short-term market movements by quickly moving in and out of positions. A stock trader is an individual or other entity that engages in the buying and selling of stocks. Listen back to older episodes to build your knowledge base and tune into new uploads for extra context on everything that’s happening in the market today. Ryan Mallory goes over using trailing stops, versus manually setting stop-losses. Also discussed, is the use of covered calls and writing cash secured puts.

Just Start Over

Clayton Morris specializes in getting people started in real estate investing with his award-winning podcast. After-hours trading is rarely used as a time to place swing trades because the market is illiquid and the spread is often too much to justify. The most important component of after-hours trading is performance evaluation. It is important to carefully record all trades and ideas for both tax purposes and performance evaluation.

As soon as a viable trade has been found and entered, traders begin to look for an exit. This is typically done using technical analysis. Many swing traders like to use Fibonacci extensions, simple resistance levels or price by volume. Ideally, this is done before the trade has even been placed, but a lot will often depend on the day’s trading. Moreover, adjustments may need to be made later, depending on future trading.

When To Quit Trading

Every guest on the podcast is an active trader who is able to share stories of their incredible triumphs – and sometimes catastrophic losses – in the name of learning. So I started in the sim account as well, I think I did maybe maybe two trades in the sim account. And I was like, “oh, like this is working.” So I immediately went into my Live account started in April. So April to August, I was able to almost double the amount of money that I invested.

Swing Trading vs. Day Trading

She’s so thorough, and like she teaches us, even if you don’t get it within the first week, keep looking back at it. She also has all these bonus calls where she has group calls, and we can look at all of them, even past calls with also other people who are very knowledgeable in trading as well. And by the time she took us through it, even the first week, I was like, I understand this, because she also-I’m also a very visual person.

There are two ways to find viewership numbers for podcasts on YouTube. First, you can search for the show on the channel and if it has an account, scroll through the videos to see how many views it gets per episode. I just listened to “Profits in Patience” for the third time. There have been times in the last two years that not exercising patience has cost me.

She also joined when you guys joined, and she’s- I don’t think started in her real account yet. But I know and she’s like getting up to speed right? So I think also it takes people different depending on your life and commitments, right like different timeframes to be ready for the real, real money trading. So do you kind of want to maybe talk about that transition?

Because there’s, I think it is different between investing in the simulation account and then like, getting ready to invest to real money. Conversations with talented traders – in stocks, futures, options, forex and crypto markets. Start listening to learn how a diverse mix of traders went from zero to hero, how they successfully trade markets today, and get their best tips n pointers for profitable performance, plus much more. The next step is to create a watch list of stocks for the day.

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