How to make money swing trading
Find a point from which as soon as you enter a momentum burst will start. If you can define such setup then you have an anticipation setup. And you will get very good low risk entry if the trade works. Research this approach if you are uncomfortable buying breakouts. Build on work by others in this areas before reinventing the wheel. Make comprehensive study of anticipation swing trading methods and then add your own sauce to it. That will give you an edge.
If you are comfortable buying breakout , then wait for stock to show the first hint of momentum burst by having range expansion and then jump on it. As breakout buyer you will miss the first few % of the move compared to the anticipation buyers. Research this approach if you are comfortable buying breakouts. Build on work by others in this areas before reinventing the wheel. Make comprehensive study of breakout swing trading methods and then add your own sauce to it. That will give you an edge.
If you want to make money swing trading understand the momentum burst phenomenon in significant detail. It might make you millions.
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