What is swing trading?

Swing trading is one of the types of trend tactics that involves opening positions in the direction of the price movement at the bottom or top. This trading model is interesting because with strict adherence to risk management rules, the number of unprofitable trades compared to profitable ones is relatively small, and the strategy itself is clear even for a beginner trader.

Advantages of swing trading:

✅Swing trades are universal and provide frequent entry signals. Trades are entered when a correction occurs in any direction. A trader profits from short-term price swings, opening positions at the peak of the correction. Therefore, it is essential to distinguish between correction and trend change.

✅Quick results from trades. Swing trading is a short-term trading strategy whose effectiveness can be felt within hours.