#SwingTradingStrategy
โก What is Swing Trading?
๐ Swing trading = riding the waves ๐ of the market!
You buy low ๐, sell high ๐ค โ but over days to weeks, not minutes like day traders โณ.
Youโre looking to catch โswingsโ in price โ up or down ๐๐.
๐ฏ Core Idea
โจ Hold a position for a few days to a few weeks
โจ Profit from short-term trends
โจ Donโt stress every tick, but stay alert ๐
๐ ๏ธ Tools You NEED
๐งญ Chart patterns โ double tops, head & shoulders, triangles ๐
๐ Moving averages (e.g. 50 MA / 200 MA) โ help spot trends
๐ฅ RSI / MACD โ find overbought/oversold zones
๐จ Stop-loss โ protect your cash ๐ธ
๐ก Swing Trading Game Plan
1๏ธโฃ Spot the setup: Find a stock or crypto breaking out or bouncing ๐
2๏ธโฃ Enter smartly: Buy on the dip or breakout ๐ฅ
3๏ธโฃ Set targets: Know your exit BEFORE you enter ๐ฏ
4๏ธโฃ Control risk: Place stop-loss orders โ donโt fall in love โค๏ธ
5๏ธโฃ Be patient: Let the swing play out, but donโt get greedy ๐คฒ
โ ๏ธ Common Mistakes
โ No plan = no gains
โ Getting emotional ๐ซ
โ Not managing risk
โ Overtrading โ quality over quantity ๐
๐ Why Swing Trading Rocks?
โ Less screen time vs day trading
โ Great for busy people ๐
โ Can work in stocks, crypto, forex, etc. ๐