Is swing trading a good way to earn better profit?

Question

Charles · Accepted Answer

Swing trading stands in the middle between investors who buy a stock with the intent of holding it for the foreseeable future and traders who buy and sell multiple stocks within a single day (day traders). Stocks forecasted to face upward or downward trends are bought, then held onto for a few days or weeks in anticipation of the trend. Short-medium-term traders aim to profit from small rises and falls within a stock's larger upward or downward trend. Is this strategy profitable?Profitable swing traders have enough time to fine-tune their strategies, enough money to handle some losses while those strategies are being honed, and enough patience to sit and wait for forecasts to come true (or, in many cases, prove to be false).Traders who rely on daily charts have the opportunity to gain as much as 5% or more weekly and outperform investors. The sum of a lot of small winning trades is the key to success. Investors can generate these types of returns too but that’s usually because they’re holding stocks for the long-term through multiple fundamental events, such as earnings.

Thomas · Answer

Swing trading is profitable, and you can beat the market over the long run. However, this requires a solid trading strategy, and sufficient discipline to stick with it through both good times and bad.

Joel · Answer

Yes, of course. According to my observations, swing traders make more money than day traders, at least in forex. Market algorithms often take you to lose territory (floating drawdowns and negative equity) before the original trades move in your direction and give you profits.Trading swing = Fewer trades, fewer stop losses, less money spent on commissions, less emphasis on the timing of execution, less chart watching, more work-life balance, and less stress. Day trading = More trades, more Stop Losses hit, more money gone in commissions, more emphasis on the timing of execution of trades and spreads, more chart watching / screen-time, less relaxation, and lesser work-life balance.The market always rewards the patient folks; as someone rightly said, the market is a device to transfer money from the impatient to the patient.

Is swing trading a good way to earn better profit?

6 Answer

6 Answer

Is swing trading a good way to earn better profit?

6 Answer

6 Answer

Welcome back

Create Account

Reset password