Full Breakdown - My Switch To Swing Trading
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- Опубліковано 21 кві 2024
- Swing Trading Group: t.me/WillssFXSwing_bot
My other platforms:
Instagram: / willssforex
Twitter: / willssfx
Mentorship: www.lynktrading.com/
Telegram Group: www.lynktrading.com/membership
I am quitting day trading...well almost.
If you are looking to learn how I trade, be sure to check out my mentorship: www.lynktrading.com/
Nah fam, we knew exactly what you meant by "im quitting trading" because countless people have used that exact title before haha
I’m a profitable swing trader, 4h timeframe, 100% rules based, strict R:R, set and forget, zero trade management. Back testing easy, strategy performance analysis easy. I trade this way due to necessity with work and family, but increasing account by 5% a month on average. Screw trade management. Screw the news. Good luck, I enjoy your content 👍🏻
May I ask, how many percentage of your account do you risk per trade when swing trading? I'm interested in swing trading as well due to I'm still working full time.
@@02ristar 3%, but an extensively backtested strategy.
@@02ristar 3%, 1:2 R:R, thoroughly backtested strategy.
@@02ristar 1%
Same here bro, 4H timeframe, zones, numbers and price action, no indicators, no fibs, no trendines. During backtesting when do you ever worry about a news release you just flow with price!
the psychology of going to sleep while a trade is on or waiting to see how news impacts my trade is not worth it for me if I already have a profitable day trading strategy. i just switched from swing trading to day trading, best decision ever. wish you best of luck
Love this! So happy to hear you're making the shift bro. Wishing you continued success 🎉
Appreciate it!!
which broker are you using for your personal account? is ic markets a good one ?
All the best will! I hope it goes really well for you and you enjoy it. I made the switch from trading the 5m chart to the 4H chart a few months back and I’ll never go back
Will you be covering swing trading in your program?
Personally I prefer swing trading as I have a patient mentality and day trading is just too involved for me, I like to give a trade time to develop.
It will be interesting to see how you do. The mindset shift with swing trading imo will be the hardest part
Which Prop firms do u trade with?
I paid £50 to have this guy tell me all month "I might take this trade, see what tomorrow brings."
I did eventually take a trade, but yeah. I didn't renew my sub 😂
Why do u need to clickbait?
because all social media addicts are addicted to likes and views, just like we all are addicted to something.. with youtubers their addiction is more apparent and benign
@@llwydanwyl shush 🤫
Ah you've seen the light! ;-) I only trade off the daily timeframe... Less trades = Less emotions. All the best.
I couldn't stop laughing when he said your dog is eating your desk
sounds like it actually happened to him 😂
I trade futures so I've never had to deal with this slippage problem thankfully.
What about the swaps? Can you teach us about negative & positive swaps?
I know a trader whis been trading nearly 20 years.. he loves trading. Once you in.. you can't get out
In Prop Firm Indics Swap is also big Problem for Long Term Trading Sytle😢
Forex is a disaster to swing trade. I am betting you never make the change 100% to swing trading. The way money is constantly exchanged from bank to bank makes it extremely easy to manipulate price. Not even the daily charts are immune to news and after you get burned enough you will find that trading between news cycles is why so many people stick to day trading. Swing trading looks sexy at first but after enough time you will see that successful trades are pure luck and not nearly as profitable as day trading long term.
Excellent!!!
All the best Will!
Why
More visuals would be preferred in a 20+ minute video, some illustrations to show your strategy and the adjustments you’re making. Just my 2c but find your videos with charting far more engaging - this might as well be a podcast episode ✌🏼
Swing trading is over glorified to an extent,
U could still just trade your normal strategy and take 1 or 2 trades a month, with a 1:3 risking 5% taking 1 trade, u good.
U can then have the rest of the month to do what u want, i just dont see whats the point of waiting for 3 weeks for your tp to hit on a 1 to 2 when u can trade normally and just take 1 or 2 trades a month with more risk.
In trading, u either risk more and trade less or trade less and risk more.
That's what I'm like if I'm waiting 3 weeks I need a 1:30
I'm a swing trader and I don't hold trades for 3 weeks, JPY pairs can move 400+ pips in a week
@@alixwoolley which timeframes do you use?
@@yannicksamussene5908 Most of the time is on the 4H, I also use the 2H and 1H
How many pairs are on your watchlist for swing trading?
Crypto futures is good for day trading all liquidity is movin from forex to crypto....Binance futures liquidity is better than thos Forex CFDs
Sound on transitions is more higher than the sound when you talking, that's actully bothering
25min ? Your working over time here 😄
What other hustles are you into mate, please start a youtube channel teaching us about other ways to make money
Futures has no slippage. wink wink
👀
futures does have slippage with volatility plus most prop firms dont allow swing trading it. forex > futures
@@legenddonfutures is far better, little to no spread. there is slippage tho 100%
Just copying other people's titel 😂
First to comment
Just remove the beard bro
Every forex UA-camr makes this video lmaooo
WILLSFX SHOUTOUT BABY WELCOME TO SWINGING 🏌️♂️
The man, the myth, the legend