Just to clarify - Short Swing Trading is NOT a Holy Grail, and is NOT advertised as making 2.5% a day! I'm not sure where that idea has come from.
To give you an idea how 1% a day is possible with intraday trading: GBPUSD: ======= Say you have a $40K account 5% capital risked per trade = $2000 per trade risked (Money Management) Each trade has a stop loss of 10 pips You therefore buy 20 lots: ($2000/10 pips) / $10 (pip value for GBPUSD) 1% of $40K = $400 You only have to make 2 pips profit a day (not incl commissions) to make $400 (2pips * $10 * 20 lots) Or if you are not happy with 20 lots (too much), 5 lots and 8 pips a day profit. Now do you see? Alex
