Key insights
- A new trader questions whether their recent success in swing trading tech stocks is due to skill or a broader bull market. The post highlights the difficulty in distinguishing between informed decisions and market-driven gains, especially for novice traders during periods of overall market optimism. This can lead to overconfidence and poor risk management.
This might be a dumb question, but I only started trading 2 weeks ago. I’ve been swing trading mostly tech stocks, usually holding 1-3 days per trade. I figured I’d be able to learn the most by simply doing a lot of trades vs buying and holding long term (even though I know that’s a safer bet). It’s been super fun and as I’m nearing the end of week 2, I’ve made 8 trades total with an average of 5.4% profit. They’ve been a little all over the place for company size- GoPro, AMD, GCTS, to name a few. Anyways what I’m trying to figure out is if I’m actually making good trades or I’m just getting lucky with a bull market. Any advice?