Express analysis: How to turn $100 into $1,000 with swing trading đđ°
đĄ Swing trading is a strategy that involves taking advantage of medium-term market movements (a few days to a few weeks) to generate quick profits. Today, I will show you how I transformed $100 into $1,000 in less than 2 months⊠and how you can also draw inspiration from it. đ
1ïžâŁ The choice of cryptos
The key? Select tokens with high potential and healthy volatility.
I opted for 3 assets: a market leader ($BTC ), a solid altcoin ($SOL ), and a low-cap but promising token (CSPR).
Distribution: $50 on the stable token, $30 on the altcoin, $20 on the small project.
2ïžâŁ The perfect timing
Swing trading is not a matter of chance:
- Buy on confirmed technical support
- Partial sale at resistance zone
- Reinvest gains in the next wave
đč Result: in 6 well-placed trades.
3ïžâŁ Risk management
Tight stop-loss (-5% max per position)
Minimal diversification to limit the impact of a loss
Gradual exits to secure capital
4ïžâŁ Psychology
The hardest part? Not panicking and sticking to your plan. Many traders lose due to fear or greed.
đ Note your entries/exits and objectives before clicking. It avoids impulsive decisions.
đ„ Swing trading is not a bet, itâs a strategy.