Friday, April 17, 2015

How often should I close a trade?


So I've recently gotten into day trading, almost as a hobby. However, I'm not sure if I'm trading correctly. I tend to close a trade, at most, 1 hour after I have purchased the item. Say I went long on a trade, if it were to go short, I'd close the trade ASAP. Is this worth doing, or should I investigate trends more in order to see if it's going to go back up, higher than my purchasing price?







Submitted April 17, 2015 at 04:56PM by DunderMifflin11 http://ift.tt/1FTefbH

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