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What is swing trader in forex?
A swing trader is someone who holds his/her position for days or sometimes several weeks. he does this in the anticipation of capturing the majority of the long term price swing. It is trading style requires patience to hold your trades for several days at a time. Swing trading stands between two other popular trading styles: day trading and postion trading.
A swing trade is a technique by which a trader can hope to catch effective, more limited term benefits, given to normally restricted time spans these trades are open, and the general straightforwardness with which they can be set up and overseen.
Swing traders need to be rather patient as they hold on to their positions so as to wait for a long term price swing. This can range to a long period, even a few weeks.
Swing traders are traders who buy and sell currencies on a short-term basis. They are able to take advantage of market volatility, with trades ranging from minutes to days, without the need for an outright discrepancy in prices. Swing trading provides an opportunity to profit from both sides of a trade, as well as shorter duration trades that provide higher profit margins than those of long-term investors.

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