#SwingTradingStrategy
#SwingTradingStrategy refers to a trading approach that aims to capture short to medium-term price movements, or "swings," in financial instruments. Unlike day traders who close all positions by the end of the day, swing traders typically hold their positions for a few days to several weeks. This strategy strikes a balance between the high intensity of day trading and the longer-term commitment of buy-and-hold investing.
Here's a breakdown of how a swing trading strategy generally works:
Core Principles:
* Capturing Swings: The primary goal is to profit from price fluctuations. Traders look for assets that are poised for an upward or downward movement over a period of days or weeks.