Hi everyone and welcome to our new forum on swing trading. As you likely know, swing trading involves taking positions in a stock or other security and holding that position for as short as overnight to days or weeks or even longer. If you are new to swing trading and want to learn more, reading Brian Pezim's book "How to Swing Trade" would be a good starting point. It is available on Amazon. We expect this forum will be used by our members to present and openly discuss swing trading opportunities. The one advantage of swing trading is that the trader has the opportunity to slow the decision process and plan their trades without having to make a quick decision on whether to enter a trade. Thanks in advance for being part of this forum and we hope this forum can offer up some profitable opportunities for our members.

Chapter 2 Why a new thinking Methodology W- Not everybody thinks or deals with trading issues the same due to how unique our experiences are within our trading journey. Psychologic obstacles are an ongoing issue that everyone needs to revisit. A- The obstacle that Mark lists which resonates with me is that you will need to learn how to release yourself from any feeling of inadequacy, guilt, or shame. A- The psychological aspect is what I plan on addressing this week. I felt that the amount of time I spend on trading is endless compared to other things needed to be done in other parts of my life. I plan on fixing this issue by not trading after 10:30 and also to work on not babysitting my trades.

Chapter 2 - Why a New Thinking Methodology W - Beyond the sheer mechanics of the activity - which just about anyone can master - lies a particular thinking methodology or strategy that leads to excellence. Although few people have it, such a thinking methodology can nevertheless be learned. One such skill (for example) may be the ability to identify those conditions that are conducive to making a common trading error before it actually happens. Other techniques include: (Summarized): 1. Learning dynamics of goal achievement to stay focused on what you want rather than what you fear 2. Learning to recognize the skills needed to progress as a trader and remain focused on developing them (instead of $) 3. Learning to adapt to market changes 4. ID comfort level of risk and learning to expand it so you maintain an objective perspective 5. Learning to execute trades immediately when they set up 6. Learning to let market tell you how much is enough (not your mind based on P&L) 7. Structuring beliefs to control perception of market environment 8. Maintain a state of objectivity 9. Recognizing true intuitive info & ability to act on it consistently A - Mark is telling us skills/techniques we need to acquire in trading A - I love all his lists he always gives us. I write them and put them on my wall so I can read them in the morning. My big focus was on #1...I am slowly moving past that now to #4. I am refining all of them and probably will be for a while, but that is ok:)

Thank you, that was helpful I did not understand the fixed risk on the videos, if risk is $50 we should be able to chose the stop range (10c, 20c, 50c...) but on Kyle's excel sheet I could not find where to configure it but this was helpful, I think I will use this without the TP at 20%