Swing trading and day trading are both active trading practices which require different strategies, techniques, and money management. Many times the tools they use are different. However, BETRAS offers indicators that can do both or just focus on swing trading.
We all know that day trading can be a full-time job and that you hold positions for very short times. The main advantage to this is that you don’t have to worry about holding positions overnight. Then, you are often flush with cash in the morning ready to jump when an opportunity presents itself. Although, your trading costs will be higher as you place more trades and you will make smaller profits on each trade compared to swing trading.
Now if you can deal with the anxiety of holding positions overnight and maybe waking up to a loss or the market moving against your position, then swing trading may be for you. This is how it works. You capture very large moves, potentially making huge profits on these moves. You only place a few trades a week and you don’t have to watch the market all the time. Every trade you enter has a stop and target already placed so you know ahead of time what your risk is. You don’t have to trade full-time and it really can take only 10 minutes a day.
So before you decide whether swing trading or day trading is right for you, answer the following questions.
1. Do you have the time to day trade?
2. If you’re holding a position over night or for days, will you have the ability to sleep and not worry about the trade?
3. Can you let the swing trades move to their targets and not close them early?
4. How much money do you have to start trading and are you looking to add an income stream or just grow your nest egg over time?
5. Finally, how much risk are you comfortable with?
Happy Trading to all BETRAS SWINGER
SWING TRADING VERSUS DAY TRADING
Tuesday, April 26, 2011Posted by BETRAS SWING SYSTEM at 4:05 AM
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BETRASTRADE METHOD 3.2 SWING SETUP 2012
WARNING. THIS SET UP IS FOR EDUCATIONAL PURPOSE, IS NOT A TIPS OR FINANCIAL ADVICE. DONT TRADE THIS SET UP WITH PROPER RISK AND MONEY MANAGEMENT AND RECEIVE PROPER TRAINING !!!!!!!!!!!!!!!!!!!.
BETRAS SWING 3.2 SYSTEM (90% MECHANICAL 10% ART)
SUMMARY JANUARY 2012 PERFORMANCE:
12 wins, 3 losses . winning rate 80%, risk reward 1:1. Gross % gain before broker commission depend on your risk , lets says if use 2% = 2% x 9wins = 18% and 5% x 9wins = 45%
Mar 2012 performance 11 wins vs 6 losses .69% winning rate. clean wins 5 wins, gain, 2% risk with risk reward 1:1; 5 x 2% = 10% gain. If use 5% risk, with risk reward 1:1; 5 wins x 5% = 25% gain from equity
SUMMARY APRIL PERFORMANCE
April 2012 performance 9 wins vs 11 losses .45% winning rate. clean losses 2 , 4% drawdown, 2% risk with risk reward 1:1;
SUMMARY MAY PERFORMANCE
May 2012 performance 7 wins vs 2 losses .77% winning rate. clean wins 5 , 5% x 2 = 10% gain , 2% risk with risk reward 1:1;
SUMMARY JUN PERFORMANCE
JUN 2012 performance 12 wins vs 1 losses .92% winning rate. clean wins 11 , 11% x 2 = 22% gain , 2% risk with risk reward 1:1;
Detail Jun 2012 Performance
6th Jun 2012
1. USDJPY win + 55pips (2% gain)
2. EURAUD win +65pips (2% gain)
3. GBPJPY + 58pips (2% gain)
4. EURUSD +52pips (2% gain)
5. USDCHF + 42pip (2% gain)
14th Jun 2012
1. EURUSD win + 95pips (2% gain)
2. USDCHF win + 76pips (2% gain)
18th Jun 2012
1. USDJPY stopped out (-2%)
20th Jun 2012
1. GBPJPY win + 83pips (2%)
21st Jun 2012
1. USDJPY win + 67pips (2% gain)
22nd Jun 2012
1. USDCHF win 68pips (2% gain)
2. EURUSD win 95pips (2% gain)
28th Jun 2012
1. GBPJPY win + 50pips (+2%)
JOINT ME AT FACEBOOK
http://www.facebook.com/betrastradefx.forexedition
BETRAS SWING 3.2 SYSTEM (90% MECHANICAL 10% ART)
SUMMARY JANUARY 2012 PERFORMANCE:
12 wins, 3 losses . winning rate 80%, risk reward 1:1. Gross % gain before broker commission depend on your risk , lets says if use 2% = 2% x 9wins = 18% and 5% x 9wins = 45%
SUMMARY FEBRUARY 2012 PERFORMANCE
10 wins, 5losses . winning rate 66%, risk reward 1:1. Gross % gain before broker commission depend on your risk , lets says if use 2% = 2% x 5wins = 10% and 5% x 5wins = 25%
Mar 2012 performance 11 wins vs 6 losses .69% winning rate. clean wins 5 wins, gain, 2% risk with risk reward 1:1; 5 x 2% = 10% gain. If use 5% risk, with risk reward 1:1; 5 wins x 5% = 25% gain from equity
SUMMARY APRIL PERFORMANCE
April 2012 performance 9 wins vs 11 losses .45% winning rate. clean losses 2 , 4% drawdown, 2% risk with risk reward 1:1;
SUMMARY MAY PERFORMANCE
May 2012 performance 7 wins vs 2 losses .77% winning rate. clean wins 5 , 5% x 2 = 10% gain , 2% risk with risk reward 1:1;
SUMMARY JUN PERFORMANCE
JUN 2012 performance 12 wins vs 1 losses .92% winning rate. clean wins 11 , 11% x 2 = 22% gain , 2% risk with risk reward 1:1;
Detail Jun 2012 Performance
6th Jun 2012
1. USDJPY win + 55pips (2% gain)
2. EURAUD win +65pips (2% gain)
3. GBPJPY + 58pips (2% gain)
4. EURUSD +52pips (2% gain)
5. USDCHF + 42pip (2% gain)
14th Jun 2012
1. EURUSD win + 95pips (2% gain)
2. USDCHF win + 76pips (2% gain)
18th Jun 2012
1. USDJPY stopped out (-2%)
20th Jun 2012
1. GBPJPY win + 83pips (2%)
21st Jun 2012
1. USDJPY win + 67pips (2% gain)
22nd Jun 2012
1. USDCHF win 68pips (2% gain)
2. EURUSD win 95pips (2% gain)
28th Jun 2012
1. GBPJPY win + 50pips (+2%)
JOINT ME AT FACEBOOK
http://www.facebook.com/betrastradefx.forexedition
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