Swing trading basics.
What is swing trading and how does it work.
What is swing trading and how does it work.
About
Swing trading is a trading methodology that seeks to capture a swing (or "one move"). The idea is to endure as "little pain" as possible by exiting your trades before the opposing pressure comes in. This means you'll book your income before the market reverse and wipe out your gains.
PROS OF SWING TRADING
Relax
Less stress compared to day trading.
Hobby
It's suitable for those with a full-time job.
Time
You need not spend hours in front of your monitor because your trades last for days or even weeks.
PROS OF SWING TRADING
Abilities
You won't be able to ride trends.
Risk
You have overnight risk.
