#SwingTradingStrategy ๐ Revealed
Swing trading is all about taking advantage of short- to mid-term moves in the market, usually holding a position for a few days to a few weeks.
๐ Principles:
Buy low, sell high, within a trend.
Look for entry/exit points using technical indicators such as RSI, MACD, and moving averages.
โ๏ธ Risk management is key:
Always use stop-loss orders to protect your capital.
Risk 1-2% of your portfolio on each trade.
๐ Best for:
Traders who do not want to sit in front of charts 24/7.
Markets that are volatile but behave in a predictable way (crypto definitely fits the parameters here).
๐ก Hint: Swing traders can give themselves an edge by combining fundamentals with TA.
Are you more of a swing trader or a scalper?