What is swing trading?
Swing trading is a market strategy concerning holding positions over a few days or weeks. The style is not that much involved with a market’s second-to-second price movements. Rather, it aims at capturing a part of a bigger general trend.
Swing traders frequently use CFDs to gain market exposure. Both are derivative products. The implication is that they may be used to speculate on appreciating and depreciating asset prices. You would open a position to buy – go long – in case the price will increase according to you.
Comments