What is Swing Trading?

Swing trading is a medium-term trading style that is used by Forex traders who like to profit from price swings.

This trading style requires patience as swing trading trades are usually held for a few days at a time, from a minimum of two days to several weeks.

This trading strategy stands between two other popular trading styles: day trading and position trading.

It is ideal for those who can’t monitor their charts throughout the day but have a couple hours to spare every night to analyse the market.

You might want to be a swing trader if:

• You are patient and you like holding your trades for a couple of days.
• You take your time deciding what trades to take.
• You have a full-time job but enjoy trading on the side

You might not be a swing trader if:

• You are impatient and like to know if you are right or wrong straight away.
• You can’t spend a couple hours every day analysing the markets.
• You like fast-paced, action-packed trading.