Potential Reasons: 1. Key level breakout and change in market structure on the daily time frame. 2. Trendline breakout 3. Rising wedge breakout
We are only risking 2% per trade. We expect to hold this trade 3 to 4 weeks. Less is more! You need to understand your personality to understand what type of trader you are. Once you understand this than only you can choose a trading style which could be swing trading, day trading ect.