#MyTradingStyle What does Swing Trading imply?
* Technical Analysis: You will focus on daily or 4-hour charts to identify trends, support and resistance levels, and candlestick patterns.
* Risk Management: It is crucial to always define your stop-loss (maximum loss) and take-profit (target profit) before entering a trade.
* Patience: Not all swing trading opportunities will appear every day. Sometimes you will have to wait for the perfect setup.
This style allows you to actively participate in the market without the extreme pressure of very short-term styles. It strikes a good balance between long-term investing (which requires a lot of patience) and high-frequency trading (which demands a great deal of dedication and emotional control).