To be honest, I was baffled too when I first
heard the term. Swing Trading takes advantage of brief price swings in
strongly trending stocks to ride the momentum in the direction of the
trend. Swing trading combines the best of two worlds - the slower pace
of investing and the increased potential gains of day trading. Swing
traders hold stocks for days or weeks playing the general upward or
downward trends.
Swing Trading is not high-speed day trading. Some people call it momentum investing, because you only hold positions that are making major moves. By rolling your money over rapidly through short term gains you can quickly build up your equity.
Swing Trading is not high-speed day trading. Some people call it momentum investing, because you only hold positions that are making major moves. By rolling your money over rapidly through short term gains you can quickly build up your equity.
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