#SwingTradingStrategy
Swing trading aims to profit from short-to-medium-term price "swings" in the market, typically holding positions for a few days to several weeks. Unlike day traders who close positions daily, swing traders capture larger moves.
Key strategies include:
* Trend Following: Identifying and trading in the direction of an established trend.
* Support and Resistance: Buying near support levels (where prices tend to bounce) and selling near resistance levels (where prices tend to fall).
* Breakout Trading: Entering a trade when a stock breaks above resistance or below support, signaling a new trend.
* Momentum Trading: Capitalizing on stocks with strong price momentum.
Technical indicators like Moving Averages, RSI, and MACD are commonly used to identify entry and exit points, manage risk, and confirm trends. Risk management, including stop-loss orders, is crucial.