InvestorsHub Logo
Followers 383
Posts 26208
Boards Moderated 1
Alias Born 12/22/2009

Re: dominik2 post# 23123

Monday, 10/20/2014 5:56:17 PM

Monday, October 20, 2014 5:56:17 PM

Post# of 26039
Hey Dom.... Challenge will be fun. Here is the deal though, Im really really really trying to discipline my mind to hold trades for 5 to 7 trading days from now on. This is very tough to do when you are used to daytrading and 2 to 3 day swing trading. Basically what im saying is I want to hold my trades from 1 week to a week and a half on a monthly calander. Alot tougher said than done for me though. Huge profits are made with those 1 week swing trades and I know how to trade them, I just need to keep my "BOREDOM" mentality out of the trades and just let them grind and do their thing. This takes a different outlook on option purchases also. With this strategy I also want to have maximum 3 trades rolling at one time. MAXXXX. 1 to 3 will be my limit. So with this challenge, I would like to make this challenge at least 1 month long. Because then it will give me a chance to bust out some trades in the meantime. Especially if you are looking at daytrading during this challenge. You will have 5 or 7 trades busted out to maybe my 2 or 3. But all in all the $1000 challenge account will still be moving accordinally. I dont need to see screen shots from u bud, we all trust you just like everyone trusts me. So when you enter a trade with the challenge just say what you grabbed and it will be noted. I will do the same as I always do with all of my trades. Also, Im in 2 trades right now as we speak, I Grabbed both of them on Friday. I will more than likely hold these until Thursday or Friday of this week. Depending on changes in the charts im looking at.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.