RocketBomb

📊SWING TRADING📊

Education
BITSTAMP:BTCUSD   Bitcoin
👋🏻Hi, guys! 👋🏻
We continue talking about the types of trading. 👨🏻‍💻

🎯Today let's talk about SWING TRADING (especially for @monguilhot)

👉🏻Swing trading is based on the analysis of fluctuations in stocks, index and currencies, which last several days. 🌟 A swing deal can take up to several months.
👉🏻Unlike the intraday trader, the swing trader is unlikely gives all the working hours to the trading.
👉🏻Anyone with ideas and investment capital can try swing trading.
👉🏻Due to the longer timeframe (1 hour, 4 hours, 1 day), the swing trader does not need to be glued to the screen of his computer all day.
👉🏻 It can even completely concentrate on another type of employment.

👍🏻Advantages of Swing trading:
💡 Maintaining an open position for several days or weeks can lead to higher profits than trading the same asset several times a day.

💡Since swing trading is rarely a full-time job, stress is much lower.

💡You have time for doing other things, maintaining nerves and energy in a healthy state.

💡 Swing trading can be done through a simple computer or smartphone with a terminal installed.

💡 Swing traders usually have a regular job or other source of income, from which they can compensate or reduce trade losses.

👎🏻Disadvantages of Swing trading:

💀As with any trading styles, Swing trading can also lead to significant losses. Since swing traders hold their positions longer than “intra-traders”, they also run the risk of getting bigger losses.
💀Especially the risk of losses increases due to holding the position every other day.

💀Swing traders rarely come in deal in a best price. Checking the chart 1-2 times a day, they are content with the market at the time opened position.

💀 Increased waiting time for a signal to enter a position. If scalpers receive signals much often, then swingers can wait for the setup day after day.

👁‍🗨Guys, I hope my little articles about possible varieties of trading, will help you determine your market position.🙏🏻

💋I really want to be useful to you. 💋
Support my enthusiasm with like! ☺
Thanks for attention🌟

Stay with me😚😘
Love U❤
YOUR Rocket Bomb🚀💣

Write me if You need my support or wanna trade together 👉🏻
Join me in👇🏻:
🚀💣 t.me/+aAADzO1OqsQ2MGI0

💰 I'm using Bybit and I highly recommend it to You. By using my link - You'll get a nice bonus
www.bybit.com/invite?ref=7X0W2A
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.