#SwingTradingStrategy
What is swing trading - Shorter time price movement with larger market trends.
KEY insights
1. Swing trading focusing on capturing portions of trading between high price and low price.
2. When trading direction shows uptrend then the trader buys the dip in long position.
3. Stop losses are the key for long position. While for short position trades go above swing high.
4. Technical indicators are the key for trading opportunities as 'moving averages' can help the determine the trade.
STOP LOSSES AND RISK MANAGEMENT
1. For long position trader cautious about Stop loss or to failure in the event or move below the swing trend.
2. In short position the trader can move above the swing high.
3. In the downtrend the traders can sell the
crypto, entering the short positions are swing high.
Disclaimer - If you invest in crypto, it is always highly risky sometimes indicators cannot work properly so do your own research before investing.