Is swing trading profitable ?
Talking product sense with Ridhi
9 min AI interview5 questions
@steppenwolf
Yup @SneakyPoetry18 it is possible. There’s a lot more to it, but I’ll explain 1 point.
If you want to master swing trading, start with positional trading where your TFs are Weekly and Daily. You analyze things on the Weekly time frame and enter based on the Daily time frame.
The shorter the TF, the higher your chances of failure. Start with one time frame higher and then slowly progress toward the swing trading time frames which are (Daily + Hourly). It will help you in building that psychology and patience.
Tip: Stay away from any time frame lower than 1 hour. Treat it as random noise and let impatient people fight it out below hourly.
very
every trading technique covered in books and papers are profitable technique. People made money using that. That's the reason it got published and become famous over the period of time. The real question is which technique is applicable under which circumstance? This is the real IP. Most people loose money in markets because they do not know the situation where it would be applicable.
Yes, booked 15-17% many times with minimal risk
Yes, but only with patience
Yes but it takes lot of time investment and knowledge of stocks.