Position traders, how long to your trades last and how much are you taking out?

Trading Discussion
1

My last topic asked about reasons for day trading, which were enlightening, keep posting.

Many views the same as my own.

This one I’d like to know how long generally do your position trades last?

Is it days, weeks or months?

And what kind of R multiples are you pulling out, expect to pull out, or are averaging?

I’ll start, my trades last anywhere from 1 day if wrong through to 5 days.

I can pull out about 0.5R-1R for scratch trades, 3-5R for better trades. Once a year maybe a 10R.

One thing I really want to know is if long-term position traders are really knocking it out of the ballpark in terms of R multiples?

Or do you think trailing a wider stop loss, means you give a lot back at the end?

Thanks

2

My holding periods average about the same per individual trade but its not something I track and log. Thing is I only get into a trade if price is moving within an established trend and I get out and re-enter asap on weakness. So the series of trades lasts as long as the trend, the holding period on the individual trades isn’t key to me. Likewise I don’t track r:r, just rolling ROI.

1 Like