Swing Trading
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Swing Trading Chapter one. Swing trading is a speculative trading style commonly used in financial markets, such as bonds, commodities, foreign exchange stocks and stock indexes. Swing trading usually necessitates a swing trader holding his or her position for more than one trading day, typically 2-5 trading days. Swing trading is popular in the trading world because it typically has a good risk to reward ratio, which means the likelihood of profit is greater than the risk involved in each trade. Swing trading strives for a benefit probability of 100 pips. In general, any market swing has profit potential. Swing traders, particularly in the foreign exchange and stock index markets can go long or short of taking advantage of any opportunity. It also means that if a market is volatile during the trading week, a swing trader may come across several trading opportunities. Swing trading has fewer trading opportunities than scalping or day trading, but as you can see if you use this trading style, you'll have more time to do other things because you will not have to hold your eyes on the market the whole day trading, of course, you'll have fewer chances, but each one will have a high probability of winning. What trading style you use is entirely up to you. There are always pluses and minuses and every trading strategy.