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๐Ÿ“ŠSWING TRADING๐Ÿ“Š

๐Ÿ‘‹๐ŸปHi, guys! ๐Ÿ‘‹๐Ÿป
We continue talking about the types of trading. ๐Ÿ‘จ๐Ÿปโ€๐Ÿ’ป

๐ŸŽฏToday let's talk about SWING TRADING (especially for monguilhot)

๐Ÿ‘‰๐ŸปSwing trading is based on the analysis of fluctuations in stocks, index and currencies, which last several days. ๐ŸŒŸ A swing deal can take up to several months.
๐Ÿ‘‰๐ŸปUnlike the intraday trader, the swing trader is unlikely gives all the working hours to the trading.
๐Ÿ‘‰๐ŸปAnyone with ideas and investment capital can try swing trading.
๐Ÿ‘‰๐ŸปDue to the longer timeframe (1 hour, 4 hours, 1 day), the swing trader does not need to be glued to the screen of his computer all day.
๐Ÿ‘‰๐Ÿป It can even completely concentrate on another type of employment.

๐Ÿ‘๐ŸปAdvantages of Swing trading:
๐Ÿ’ก Maintaining an open position for several days or weeks can lead to higher profits than trading the same asset several times a day.

๐Ÿ’กSince swing trading is rarely a full-time job, stress is much lower.

๐Ÿ’กYou have time for doing other things, maintaining nerves and energy in a healthy state.

๐Ÿ’ก Swing trading can be done through a simple computer or smartphone with a terminal installed.

๐Ÿ’ก Swing traders usually have a regular job or other source of income, from which they can compensate or reduce trade losses.

๐Ÿ‘Ž๐ŸปDisadvantages of Swing trading:

๐Ÿ’€As with any trading styles, Swing trading can also lead to significant losses. Since swing traders hold their positions longer than โ€œintra-tradersโ€, they also run the risk of getting bigger losses.
๐Ÿ’€Especially the risk of losses increases due to holding the position every other day.

๐Ÿ’€Swing traders rarely come in deal in a best price. Checking the chart 1-2 times a day, they are content with the market at the time opened position.

๐Ÿ’€ Increased waiting time for a signal to enter a position. If scalpers receive signals much often, then swingers can wait for the setup day after day.

๐Ÿ‘โ€๐Ÿ—จGuys, I hope my little articles about possible varieties of trading, will help you determine your market position.๐Ÿ™๐Ÿป

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