14. Scalps and Swing Trades
Last updated
Last updated
Plan to take quick profit (usually exit trade within 1 -- 5 bars)
usually did not allow any pullbacks
Plan to hold onto position as long as the trend is going my direction
if you holding through a lot of pullbacks, but the trend is still there, you are still in the swing trade.
as long as there's no major reversals, you don't need to exit.