#SwingTradingStrategy
Key Tips for Success:
Risk Management: Maintain a risk-reward ratio of 3:1 and use stop-loss (e.g., 2-5% below the entry price).
Discipline: Stick to pre-set entry/exit rules to avoid emotional trading. Trade stocks for 3 months to test the strategy.
Stock Selection: Focus on high-volume and volatile stocks or leading sectors for better opportunities.
Time Commitment: Swing trading requires less daily monitoring than day trading, making it suitable for part-time traders.