Swing trading

[Latham]

Swing trading refers to the medium-term trading style that is used by forex traders who try to profit from price swings. It is trading style requires patience to hold your trades for several days at a time.

 

[LeoFx]

Stay careful about account type selection because some account types will increase your trading risk.

 

[Hardson]

Greed is the worst quality of traders. Your greed your bully you to enhance trading risk in order to earn more. Try to build such trading facilities that help you earn big amount of profit on the market.

 

[Fin_Trader]

In most cases, there is fear rather than greed in this type of trading. Many people are afraid to hold transactions open for a long time and accumulate profits, thinking that the price will soon reverse and they will not earn anything. Therefore, they close a very small profit and then just watch as the price continues to move towards the previously placed and early closed order.

 

[Polakandil]

Swing trading has advantages and disadvantages in practice, in terms of transaction costs, swing trading is better than scalping because it only makes one order that is held for several days. However, the downside is that if you use a swap account, you may be subject to negative swap fees, the value of which varies depending on the pair, broker policy and trading position. Swing traders may leave the screen temporarily due to higher profit targets. However, sometimes price volatility causes profits that should be achieved to be missed because they are not focused on the screen.