Post Trade Review $DPST | Swing Trade Long | Why Losses Are Good?
In this video I review our swing trade long of $DPST which is a leveraged ETF which puts you long of the Regional Banks. As I state in the subject line losses are good because when you use a stop loss order to keep your loss small you preserve your capital reserves allowing you to find better swing trade opportunities in the stock market, currency market or the options markets.
Swing trading leveraging a stock chart with momentum was the strategy we used. By using technical analysis we were able to identify a good risk reward entry point.