where you hold an asset for a few days to several weeks to profit from its price swings. Unlike day trading which focuses on intraday price movements, swing trading captures short to medium-term price changes. Swing traders use technical analysis to identify potential price movements and set stop-loss and take-profit orders to manage risk. This strategy aims to balance the potential for higher profits compared to day trading while still requiring active monitoring of the market.
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swing trading basic knowledge
where you hold an asset for a few days to several weeks to profit from its price swings. Unlike day trading which focuses on intraday price movements, swing trading captures short to medium-term price changes. Swing traders use technical analysis to identify potential price movements and set stop-loss and take-profit orders to manage risk. This strategy aims to balance the potential for higher profits compared to day trading while still requiring active monitoring of the market.