Thursday, 14 April 2016

WHAT IS SWING TRADING?


There are two types of swing trading styles. The first is to range trade, that is, buy and sell as price bounces between a low and high price. If you know what a rectangle chart pattern is or a channel, then you can buy near the bottom and sell near the top repeatedly. I find that the profit potential of
range trading is not exciting enough for me.

• Range trading is buying and selling as price bounces between highs and lows.
To catch a swing as soon as it starts and hold it until it ends. It is the same idea as a range trade but the high–low range is often much larger (if you are lucky) and you only trade it once.

• A trend trade buys near the swing low and sells near the end of a short-term trend (or the reverse: sell high and buy low).

Swing trading is trying to catch price as it moves between peaks and valleys. Another way to say this is that swing trading is capturing the move between layers of support and resistance.

About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

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