r/swingtrading • u/Zutay1990 • 23h ago
Stock Close to giving up - rock bottom.
All I’m seeing is sideways chop with multiple failed breakouts. I’m trying to swing trade in a Minervini / Quallamaggie style system.
Low volume, no real trend beyond some biotech / pharma and banking stocks. The odd unicorn like Moderna post cancer vaccine announcement.
I’m sat in cash now after having multiple profitable weeks wrecked by aggressive Friday end of week sell offs. I lost all my AI related profits from earlier in the year. Down 23% YTD now and not regaining ground.
Does this resonate with you? If I’m missing something then where are the opportunities? What am I doing wrong?
Happy to share my current watchlist and receive criticism. Beat on me all you want - I’m past caring now and I probably deserve it.
Help.