#SwingTradingStrategy
๐ Swing Trading Strategy โ Full Breakdown
๐น What is Swing Trading?
A short-term strategy to profit from price swings in the market.
๐น How Does Swing Trading Work?
Buy low & sell high (or vice versa) within days or weeks.
๐น Ideal Timeframe for Swing Trades
Hold positions for 2 to 10 days, sometimes up to 2โ3 weeks.
๐น Key Tools & Indicators
RSI (Relative Strength Index)
MACD (Moving Average Convergence Divergence)
Moving Averages (EMA/SMA)
Support & Resistance Levels
Candlestick Patterns
๐น Best Markets for Swing Trading
Stocks
Forex
๐น Pros of Swing Trading
โ Less time-consuming than day trading
โ Clear entry & exit setups
โ More manageable risk than scalping
๐น Cons to Watch Out For
โ Market volatility
โ Overnight risk (gap up/down)
โ Requires technical analysis knowledge
๐น Pro Tips for Swing Traders
๐ก Trade with the trend
๐ก Set stop-loss & take-profit
๐ก Follow news that can affect short-term prices