Limit Up!

Everyone knows that timing is everything when it comes to trading. But timing goes beyond getting lucky on a big trade. Good traders have a plan and execution strategy for every type of trade they get into. On today’s edition of Limit Up! Podcast, Dan returns after a bout with Covid (he’s ok!) to talk to Jack about the strategy behind timing. They discuss knowing when to close a stale trade, how the duration of time you’ve held onto a stock determines what you should do with it, and why you should commit to trading during certain hours. Most importantly: take time off! Listen for their tips and strategy. (00:50) - On the mend (03:03) - Trading against the clock (05:45) - Types of traders (07:46) - Scalping against bots (12:07) - Closing stale day trades (18:14) - Opportunity cost in swing trading (24:28) - Position trading involvement (29:09) - Long-term speculation Limit Up! is a podcast brought to you by https://www.topstep.com/?utm_source=limitup_podcast&utm_medium=cta&utm_campaign=ongoing_limitup_