What is Swing Trading?
Swing trading is a short-term strategy used by traders to buy and sell stocks whose technical indicators suggest an upward or downward trend in the near future -- generally one day to two weeks.
How does Swing Trading work?
Swing trading uses technical analysis to determine whether or not particular stocks might go up or down in the very near term. By examining technical indicators, day traders look for stocks whose price movements have momentum -- signaling the best times to buy or sell. Swing traders are not concerned with the long-term value of a given stock.
Why does Swing Trading matter?
Though based in sound methodology, swing trading is risky. The successful swing trader is focused only on locking in substantial gains in short spurts of time, making the strategy especially vulnerable to unexpected economic shocks (e.g. oil shortages, high interest rates, etc.).
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
The old adage “You get what you pay for” is one we've heard all our lives, probably since we were first introduced to money....Read More →
In today’s world, it feels like everyone struggles with credit card debt. Because of market uncertainty and constantly changing job market, credit card debt may feel more insurmountable than ever...Read More →