Trends exist and so they can be traded. It is obvious that having invested in an ongoing trend seems to be the most effective trading style. There is just one problem. The markets are only sometimes in trend mode. Numbers vary and depend on the study and the market in question, but something between ten and twenty percent may be a good guess.
Where a trend is there is a countertrend around the corner. Using the stop loss method seems to be the natural answer to this market phenomenon. The direct consequence of the stop loss entry technique are many small losses. You cannot enter the market anywhere or anyhow and just hope for the magic of trends. It is utterly important to keep these many small losses in check.
In order to get on long running trends and using day trading methods we have the next hint what to do. There are very shortterm oriented day tradings systems, say, scalping within minutes. The day trading method with the longest possible time frame, the one that holds until the close, seems to be the right choice for our long trend entry. This day trading strategy is also the most direct and simple thing for day trading on its own.
If holding into the close is what we want, the price must go up, for long positions. That means, there will be days when the beach trader has nothing to do at all, the down days.
Otherwise the solution is simple. Get in somewhere at a new intraday high. Get out after that at a new intraday low or at the close. If the low is too far away for your trading stomach and the associated risk is going to sour your beach day, then find a line of support in the intraday chart. This first stop is the stop for the next day also.
From there on the stop should only be a trailing one. It could also be kept at some level, but it should never be lowered. There is one exception to this rule. If the market gaps through your stop over night, it is allowed to set it somewhere next to the open. Often the price marches straight up from there and getting out at the open with the maximal loss is demoralizing. For the psychological effect alone it is wise to be a bit flexible here.
What to do after the successful entry? It depends a bit on the overall strategy.
If you want to get on board with growth stocks, the best exit system could be the buy and hold strategy. Just leave the stop somewhere near the entry in place and treat the stock from there on like a growth investor would do. Ideally it goes up for many month or even some years and eventually there will be other, more compelling investment targets. It is time to replace it then with a younger company that has its heydays still ahead of it.
The more technical trading solution could use a trailing stop, but with the special rule that the lag between price and stop constantly widens the higher the price goes.
The combination of day trading and trend holding is in any case suiting the beach trader comfortably. If you are on some fine long trends, it is your decision whether to beef up your results with some day trades on margin or to just relax and enjoy the imagination of your longterm rides until the sun sets.