{"id":1899,"date":"2010-01-16T20:54:30","date_gmt":"2010-01-16T15:24:30","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=1899"},"modified":"2010-01-18T10:52:30","modified_gmt":"2010-01-18T05:22:30","slug":"5-challenges-of-a-swing-trader","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/5-challenges-of-a-swing-trader\/","title":{"rendered":"5 challenges of a swing trader"},"content":{"rendered":"<p>There are 5 challenges of a swing trader.\u00a0 These things are problems that all swing traders face and should be overcome to be successful.<\/p>\n<p>1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Exiting winners too early.<\/strong> Exiting a profit early is tempting, especially if you have been on an unlucky streak.\u00a0\u00a0 The major reason this can be hard is knowing that a wining position can turn around.\u00a0 It is natural to want to get out before that, but a strong position can also stay strong. Remember letting your winners ride will go a long way.<\/p>\n<p>2.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong> Not cutting your losses short.<\/strong> For swing traders it is absolutely critical to cut your losses short. That is the only way you can make <span style=\"color: #990000;\">money<\/span> in the short term.\u00a0 Only taking trades that have a 2\/1 risk to reward can greatly benefit you.<\/p>\n<p>3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Going for the extra quarter.<\/strong> In <span style=\"color: #990000;\">swing trading<\/span>,\u00a0 If you are taking a big risk,\u00a0 Getting out once you hit your profit target is a very good idea.<\/p>\n<p>4.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Getting stressed out.<\/strong> When you are dealing with the stock market you are going to have your winning streaks and losing streaks.\u00a0 There is no way around it.\u00a0 Don\u2019t get stressed out by losing streaks<img decoding=\"async\" src=\"http:\/\/www.articlesfactory.com\/pic\/x.gif\" border=\"0\" alt=\"Free Reprint Articles\" \/>, just remember to keep your losses small and when you have winners remember to let then run.<\/p>\n<p>5.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>Not learning from your past mistakes.<\/strong> It is very important to keep learning.\u00a0 Every time you make a mistake in the market take that opportunity to learn something. \u00a0If you do it can help you to not make the same mistake again in the future.\u00a0 If you don\u2019t you can make the same mistake again and again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are 5 challenges of a swing trader.\u00a0 These things are problems that all swing traders face and should be overcome to be successful. 1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Exiting winners too early. Exiting a profit early is tempting, especially if you have been on an unlucky streak.\u00a0\u00a0 The major reason this can be hard is knowing that a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[5345,5344,5346,5343],"class_list":["post-1899","post","type-post","status-publish","format-standard","category-general","tag-5-challenges-of-trading","tag-challenges-of-a-swing-trader","tag-successful-swing-trading","tag-swing-trader","entry"],"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/1899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=1899"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/1899\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=1899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=1899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=1899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}