Swing trading entry and exit

[[email protected] 2]

Is it fair to say that in swing trading we act in the same manner as day trading for the entry and exit ? thanks.

[navigata7 0]

I am not convinced of that...mostly because the timeframes are so different. I have a feeling that even though the principles are the same, I think the real life applications are probably different. I find myself looking to talk to swing traders more than day traders for that exact reason.

[vchandra11 8]

Hi there

Hope your swing trading is working for you.

Some food for thought: To a large extent the principles of day trading, swing trading and investment trading are the same, ie identification of trend, trend strength, momentum, cycle. time frame - fractals; correlation of market, sector and industry activity with the trading vehicle (stocks, ETFs, indices, forex), etc.

End of the day you must have a swing trading plan which will identify your objective, trading vehicles based on fundamental and or technical analysis, strategy, entry and exits, risk management, etc.

Getting handle on specifics takes time and is best done under a mentor.

You might want to check this webcasts by TD Ameritrade to head in a good direction: 

TD Ameritrade Webcasts (thinkorswim.com

The webcasts helped me a lot when I started out few years ago.