#SwingTradingStrategy Swing trading is a popular trading strategy that aims to capture short to medium-term price movements ("swings") in financial markets, typically lasting from a few days to several weeks. It sits between day trading (very short-term) and long-term investing (months or years).
Here's a breakdown of key aspects and common strategies:
Core Principles of Swing Trading:
* Capturing Swings: Swing traders don't try to catch the absolute top or bottom of a price move. Instead, they aim to profit from a significant portion of an asset's upward or downward swing.
* Technical Analysis Focused: Swing trading heavily relies on technical analysis. Traders use charts, indicators, and price patterns to identify potential entry and exit points.