nassarsyed

Congrats!

$CNQ - Canadian Energy name, nice bull flag, looking for continuation up..., check volume, respect stops - resistance at $27.88. formed nice support at base of breakout candle, has potential. A break below could lead to 200MA and Gap fill in the short term.

I Swing ideas for next week At strong support 21.90 area, looking for breakdown below blue trendline, targeting 200MA on Daily or bounce off and some recovery to the upside. For upside, stop would be below blue trendline closing hourly basis.

Taking off 1/4 balance for all out 140.52 - don't like holding over weekend. so 1/2 off at 138.52 1/4 off at140.25 1/4 at 140.52 (today)

Sold half of half over 140 and still holding balance.

Look at MSFT premarket!! Still holding half!!

Thanks!! partialed half end of day. Don’t trust this market. Rest is +$0.25 profit stop.

Bought MSFT 137.39 close to EOD Stop $135.59 Target $139.95 Stop $1.8 Reward $4.5 2.5:1 risk reward ratio Closed strong EOD on 1H chart

Nothing triggered today. I am a long biased trader and all my stocks were long plays. Not comfortable with short swings yet,

Scouting this early week for longs... CRM - Strong stock corrected with market - looking at 143s to enter. Market should be in line for entry though. ARES & BAH - in strong uptrend, paused with market correction - looking for continuation SC - similair to ARES & BAH but more of a bear flag, sitting on a pivot - looking for continuation BERY & PTC still scouting reversal - has to gap up on volume with market co-operating ON WATCH - FND - strong earnings, 2 gaps to fill...

My PTC trade did not trigger, I look for gap up on strong volume.

Looking at PTC Long as a relief move if market cooperates

Having fun is the best approach. You will learn. When I look at the first few swing trades I posted at the beginning of my thread, I now see them and go what was I thinking?, you learn as you go. Best advice I ever received: go to market everyday and just survive keeping small losses, everything else you will learn and it will work out over time. You need to bide that time... so don’t be dejected.

I would not move stops and let things work. You really have to think I’m germs of risk reward and over several samples. I look at max loss in a single trade as 1%. Will move to 2.5% when more confident gradually. This is what I call 1R so currently that’s 1% of my working capital. You have to give it long term I was up 3.38 R, than down to 1.28r than now closing July with 4.61R which is 4.61% made mistakes and could have closed 6% or higher and if I use 2.5% as max loss, that would be a return of 15% for the month at which I could double my account compounded in 5 months.... there is juice in this stay with it for relatives, that’s the beauty of swing trading do your analysis at night, trigger your trades in 1st or last hour or on buy sell stop, put in stop loss and walk away..... next day take profit, loss or adjust stops....