I have stopped swing trade as the volatility took a toll by gap openings and started day trade.
1. Now the challenge is gaps are opening in my earlier views which is tempting me to hold positions overnight.
2. When I see that I could have earned but have closed my positions previous day, I am feeling guilty.
How to overcome this?
Swing is used to gain more points that conventional intraday.
1. With current volatility, are you able to scalp/day-trade and gain same points, you'll be able to transact more?
If yes, then day-trade and collect as many points until markets calm down.
2. You can reduce your trade size to ride the gaps, that way better RM/MM.
3. "Gaps opening in earlier views" , ie. your able to predict the direction.
Very nice
if you have a high probability, say, 70-75% then keep doing what you are doing.
4. If none of the above works, let our Seniors add to this
5. If everything else fails, meditate :clap: