📌Important to Know🧐
👇👇👇👇👇👇👇👇
Swing trading involves identifying the swings within a medium-term trend and entering only when there seems to be a high probability of winning.
For example, in an uptrend, the goal is to buy (go long) at the swing lows. Conversely, sell (go short) at the swing highs to take advantage of temporary counter-trends.
As a swing trader, your job is to time your entries so that you capture most of each swing body. While achieving a swing point can be incredibly profitable, it is not necessary.
In fact, trying to hit the extreme highs and lows of the swings can increase losses. The best way to approach these trades is to maintain patience and wait for a buy or sell signal from price action.