Hi Swing Traders,
I need some suggestions around prioritizing trades.
What happens with me is, say i found 10 good patterns to trade (basis pattern or breakout) . I get confused which trade to take which not and i feel FOMO if i do not take it. I do look into risk to reward ratio but still not able to manage it properly.
Can someone suggest how should i priorities trades for a month?
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You can create some kind of checklist , where there are multiple indicators / reasons on the list for taking a trade. And the stock which satisfies more of those , pick that.
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Thse problems arise whn u dnt hv any logically strong system . How cn anyone find 10 setups at once . Do paper trading first