@ag84 fyi - that "roughly" corresponds to your thoughts, but there are always a few trades running in parallel. I find it extremely difficult to do this in series! In addition, I don't have a strict time limit - it can be a few days, a few weeks or even months - depending on how things are going. Entry and exit points are essentially only derived from TA. Otherwise I wouldn't think of anything for short-term trades.
But the basic idea is similar to what you posted. I have a small portfolio share as quasi "risk capital" and I've been trading my way through the last few years and generating cash flow almost monthly.
But the basic idea is similar to what you posted. I have a small portfolio share as quasi "risk capital" and I've been trading my way through the last few years and generating cash flow almost monthly.
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@TomTurboInvest Thank you for thinking of me. It probably really does make sense not to restrict yourself too much to a fixed timing and to retain some flexibility. I'll report back as soon as I've had some practical experience with my first attempts
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