Hello analyzer, I totally agree that swing trading would prove to be a better and less stressing and more profitable experience, however when swing trading your stop loss must be very very wide, I am talking about anything from 100 to 800 pips, so when calculating your stop loss and let's say you have a $10,000 usd account so you risk 2% which is $200 divided by say 600, you'd have 33 cent pips. And correct me if I'm wrong but most of the people in the forums trade a $5,000-$1,000 (I saw this in a poll) so we're talking about a 15 cent pip or less. IMHO this contributes to day trading where your stoploss is usually no more than 50 pips. But I do think you make a point. Think of the possibilities, if you had a $1,000,000 account then your risk would be $20,000 and your pip would be worth $33
If your trade went bad you'd lose 20 grand as well, but if it went well then you'd be seeing profits of $50,000 once or twice a month. I am still saving to have a bigger account.
I personally swing trade only the pairs with a high ineterest, with a very low pip value as well, but I can hold on to them for a month or two. But I wish there were more swing traders posting systems.
Hope this helps, just my 2 pips.
Good Luck!
