Mid week Updates ☀️ 

📰 Incoming Cyber Attack?

📔 Educational Tips on managing Swing Trades vs Day trades.

🔓️ Investment ideas & Trading setups 

Education

Managing Trades

Managing swing trades differs from day trades in several key aspects:

1. Key aspects

   • Swing Trades: These are typically held for a few days to several weeks. The goal is to capture price swings or trends within a broader market movement.

   • Day trading gets confused with with short term swing trading. When you day trade this means you are buying and selling during the same session.
     Day trading does not include overnight swings. 

   • Swing Trades: Traders need to consider overall market conditions, news events, and potential overnight gaps when managing risk.

   • Flexibility in Holding Period: When you have 3-4 weeks or 2-3 months on an option contract that does NOT mean you have to hold your position for the whole 3 months. If you gain 30% early, money has been made. While the initial plan may be to hold for a certain duration, traders can exit earlier if their profit targets are met or if the market conditions change

   • Using stop losses are different. For the most part your option greeks will keep your contract valuable because you have time on your side. Its key to understand when to cut your contract if a level breaks or if you have 1 week left before your option contract expires.

   • Day Trades: Risk is managed on an intraday basis, focusing on the specific day's price action and market conditions.

In both swing and day trading, having a well-defined trading plan, understanding risk tolerance, and being disciplined in executing the plan are crucial for success. If you truly don’t want to lose more than $50 bucks per trade, then only trade with $50 per position. Will it take longer to make thousands of dollars? Of course, but its part of the process.