Swing Trading Vs. Position Trading - How to Manage Winners
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 Published On Feb 14, 2024

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Matt Petrallia CMT is a professional trader with more than 20 years of experience blending both swing trading and position trading strategies. While some traders supersize positions on volatile stocks to try to earn super performance Matt is more focused on staying mentally balanced while his account climbs higher.

In this video Matt discusses his approach the pros and cons to both swing and position trading along with his guidelines for each. Matt will always determine which category a trade fits in before he makes it. This way he always knows which set of rules to follow which in turn reduces the mental stress of trading.

Swing Trading:
- Catching short to medium term 'swings' in price
- Compound account quickly; high turnover
- Duration: 1 day to 2 weeks (market dependent)
- Trading time frame: daily charts
- Expectation: Ideally 3-5R

Position Trading:
- Catching medium to long term price trends
- Requires sitting through pullbacks / earnings reports
- Focus on weekly charts - fine tune with daily
- Requires some knowledge of fundamentals
- Lasts anywhere between one week to many months or even 1+ years
- Larger R Multiple return is possible but comes with opportunity cost.

He concludes by encouraging viewers to embrace failure and use it as a learning tool stating that traders who rush the process of attaining trading knowledge are more likely to fail. Matt stresses to always be in trade alignment: Time Frame, Duration, and Expectation.

Follow Matt Petrallia on Twitter/X:   / theequilibrium  
Learn directly from Matt: https://www.tradingequilibrium.com/

Enjoy!

- The TraderLion Team
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Timestamps:
00:00 - Introducing Matt Petrallia
02:37 - Trade Alignment
11:20 - Creating Expectations
18:36 - Personalizing Trading System
26:14 - Swing Trading Rules & Expectations
32:45 - Paying Yourself on Winners
36:35 - Position Trading Rules & Expectations
40:41 - Position Trade Management
48:00 - 2023 Trading Results & Examples
53:26 - PLTR & PTX Trade Example
1:00:09 - SPOT, DKNG, NVDA Trade Examples
1:11:36 - AMD Deep Dive (Swing Trade)
1:27:43 - Closing Trading Advice

#swingtrader #growthstocks #traderlion

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