📈Swing trading is a unique blend of fundamental analysis, price action trading, and technical analysis, aiming to capture directional moves by holding positions for a minimum of a day up to a month.
🔍Successful swing trading requires a balance between understanding the market, picking the right stocks, managing risk, and achieving a positive risk-reward ratio.
📆Multiple time frames, including daily, hourly, and 5-minute charts, are used to analyze stocks, identify support and resistance levels, and determine precise entry and exit points.
📉Swing trading works well in trending markets and periods of heightened volatility, providing opportunities to capitalize on directional movements and mean reversion.
🧠Swing traders rely heavily on technical analysis, using indicators like VWAP and simple moving averages to gauge sentiment, identify trends, and make informed decisions.