Swing Trading

Swing trading is a longer term trading style that requires patience to hold your trades for several days at a time. This is probably best suited for those who have full-time jobs or school but have enough free time to stay up-to-date with what is going on in the global economies.

Because trades last much longer than one day, larger stop losses are required to weather volatility , and a forex trader must adapt that to their money management plan. You will most likely see trades go against you during the holding time since there can be many fluctuations of the price during the shorter time frames. If you have a full-time job but enjoy trading on the side, then swing trading might be more your style!

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