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| The Swing Trading |
In previous articles, information about Scalping and Day trading has been provided. In this article, there is information about swing trading. Most people agree that swing traders are medium-term traders and some are long-term traders. It is clear that swing traders look at longer-term charts, unlike scalping and day traders. Example 4h(four hours), 1D(one day), 1W(one week). Timeframes for swing trading are much more trading friendly and require much less analysis from traders than other trading timeframes allow. Medium-term traders hold their positions and sell or trade when the time comes.
Swing traders love to follow Trends. They hold medium and long-term positions. As a result, medium and long-term trends are less volatile and risky. Therefore, the swing gives the trader more time to make the right decisions. Longer-term trends are the most profitable path a trader can take. It is an investment way that aims to keep investment instruments in the medium term after they are purchased and to earn profits in this process. Swing trading is usually done on stocks and cryptocurrency exchanges.
The main purpose of swing trading is to identify medium-term trends. Therefore, we can say that swing trading is a medium-term investment strategy.