Resource List for Swing Traders
I consider swing to be anything over an hour to a week. While swing can be very profitable it tends to earn a little less money than day-trading but has a much lower barrier to entry and can be improved over time. Because of the nature of waiting for catalysts or long term trending, we have the opportunity to research, chart, and plan to make really good decisions.
Even if you prefer day-trading, there will be times when you are busy, sick, traveling or maybe fall below PDT and these skills will be necessary to maintain profitability.
I will get into some longer term stuff soon but for those of you who want to swing, I wanted to give you a few places to get started.
For swing, I use a 5 or 15M entry and monitor the stock on a 15, 1 hour and daily chart.
For swing trading, you want to focus on moving averages and trendlines for entries and exits and an RSI and MACD for divergences. I also an OBV and a volume profile.
Youtube of Technical Analysts who focus on Swing Trading
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