Swing trading is one of the types of trend tactics that involves opening positions in the direction of price movement at the bottom or top. This trading model is interesting because with strict adherence to risk management rules, the number of unprofitable trades compared to profitable ones is relatively small, and the strategy itself is clear even for a beginner trader.
Advantages of swing trading:
✅Swing trades are universal and provide frequent entry signals. Swing trades are entered when a correction occurs in either direction. A trader profits from short-term price swings by opening positions at the peak of the correction. Therefore, it is essential to distinguish between correction and trend reversal.
✅Quick results from trades. Swing trading is a short-term trading strategy whose effectiveness can be felt within hours.
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