moonchild
VIP Contributor
Swing trading is a type of trading where you stay in the markets longer than 24 hours trying to catch a move or in simpler terms swing trading is basically trading on the higher timeframe, it requires a great deal patience and the bigger pros of swing trading is you don't have to monitor your chart all the time, it's more like a set and forget.
The kind of people that are most suited for swing trading are those that have a busy schedule and they don't have enough time to sit and baby the charts, or travelers also, If you don't have enough time during the day then swjng trading can be a match for you.
Swing trading is done majorly on the higher time frames like the daily and weekly, you can decide to check the trend just once a day because you'll be having a large stop loss to accommodate prove swings.
The kind of people that are most suited for swing trading are those that have a busy schedule and they don't have enough time to sit and baby the charts, or travelers also, If you don't have enough time during the day then swjng trading can be a match for you.
Swing trading is done majorly on the higher time frames like the daily and weekly, you can decide to check the trend just once a day because you'll be having a large stop loss to accommodate prove swings.
