More About Swing Trading

 A trader who do Swing trading is a Swing trader. Swing trader use "Order buy at the Swing low and order sell at the Swing high" concept. So that, they order buy or sell at the reversal price points. This condition encourages traders to take profit as much as possible correctly when the price tends to one position. 

Swing trading theory sounds easy, but when we do it, it's not easy as we think. Swing trader use technical analysis more in determining sell or buy. But, they don't ignore fundamental analysis, trend, and price pattern. Swing trading relies more on trend and price movement. By trend, trader can see where the market will move and have preparation which will be done well. 

Swing trading also has risk. If we analyze the trend and price movement wrongly, we will get loss. But, don't worry! We can minimize it by doing these things below!

1. Average Down

Average down is a process of injecting fund to open buy position after buy price fell from the starting price. When the market is in the Average down condition, it's better for trader to avoid this thing because it will make them get loss when the price is getting down.

2. Stop Loss

In trading world, the thing that will happen can't be predicted by trader. Sometimes, the position which has been predicted well is different from the reality. This thing makes trader get loss. When doing Swing trading and we get loss, we can do Stop Loss directly. Limiting the loss by applying lowest price limit value.






Note:

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