I have cut my trading activity by more than half and I make more $ cause I put in stricter guidelines for initiating a trade. I usually swing 2-8 trading days and my 5 day trailing round trip trades are only in the 5-10 range. I don’t need the income to live on as I have other income and my active trading account is only 3% of my total portfolio. So there’s not a lot of pressure which helps take emotion out of trading. I still do stupid stuff -just not as often. My hope is that when retirement comes in a couple of years I can make enough cash that I can support my travel habit.
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.