Swing Trading

What is Swing Trading?

Swing trading is a type of trading that captures medium-term gains in a stock or security. This is usually over several days to a few weeks. Swing traders primarily tend to use technical analysis to look for trading opportunities. They to be fair, this should be the goal of all traders.

Pros:

• It tends to take less time than day trading in a day

• Can Trade solely on intuition by technical analysis and chart patterns.

Cons:

• Shares can easily defy trends and can cause huge losses

• Tend to miss out on further gains in the long-term as their future outlook is not that long.

What technical indicators do they use?

The technical indicators that they use are the chart patterns that I have posted about in the past. If you want to learn how to see patterns in charts, make sure to check out those posts.

Please keep in mind that this is strictly my analysis and opinion. Financial actions should not be based solely upon the opinions of this one article. Please read my disclaimer for further information. For further information on this topic, I recommend going to investopedia.com