Trading: 3 Beginners’ Guides in 1: Learn the Trading Bases in Options, Swing, Day, Forex and the Psychology for Investing, with Proven Strategies, to Create an Alternative Income. by Matthew Bear
Chapter 1: What is Swing Trading?
When it comes to the stock markets, there are many different types of
trading strategies that you can take on that will help you earn an income.
Some of these strategies are more intense strategies that take place over a
single day, whereas others are more prolonged and last months or even
years before any further action is taken with a trade.
The best way to find the right strategy for you is to consider how much of a
risk you are willing to take in the market, and how much time you want to
invest in trades. You should also consider your existing knowledge, as each
type will require a certain understanding of how the stocks work to really
make an impact with your trades. Typically, the best place to start is with
swing trading because it is long enough that you have time to do your
research and prepare yourself for the trades, but short enough that you get
to take frequent action. The two alternatives: day trading and position
trading, are either more rapid and give you less time to educate yourself and
do your research, or so lengthy that you are not going to make much right
away.
In this chapter, we are going to explore the different types of trading and
when you should use them so that you can make the smartest moves with
your trades. We are also going to discuss where you are trading (on the
stock market) and what you have to do in order to get started with trading.
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