📊SWING TRADING📊

Apr 18, 2020

👋🏻Hi, guys! 👋🏻
We continue talking about the types of trading. 👨🏻‍💻

🎯Today let's talk about SWING TRADING (especially for monguilhot)

👉🏻Swing trading is based on the analysis of fluctuations in stocks, index and currencies, which last several days. 🌟 A swing deal can take up to several months.
👉🏻Unlike the intraday trader, the swing trader is unlikely gives all the working hours to the trading.
👉🏻Anyone with ideas and investment capital can try swing trading.
👉🏻Due 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.
👉🏻 It can even completely concentrate on another type of employment.

👍🏻Advantages of Swing trading:
💡 Maintaining an open position for several days or weeks can lead to higher profits than trading the same asset several times a day.

💡Since swing trading is rarely a full-time job, stress is much lower.

💡You have time for doing other things, maintaining nerves and energy in a healthy state.

💡 Swing trading can be done through a simple computer or smartphone with a terminal installed.

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

👎🏻Disadvantages of Swing trading:

💀As with any trading styles, Swing trading can also lead to significant losses. Since swing traders hold their positions longer than “intra-traders”, they also run the risk of getting bigger losses.
💀Especially the risk of losses increases due to holding the position every other day.

💀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.

💀 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.

👁‍🗨Guys, I hope my little articles about possible varieties of trading, will help you determine your market position.🙏🏻

💋I really want to be useful to you. 💋
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