Misconceptions about Swing Trading
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Thread: Misconceptions about Swing Trading

  1. #1
    Many experts say swing trading is related MOSTLY to the trade duration. Well that doesn't make ANY sense IMO.

    A swing trader attempts to ch swings, and swings may last a few hours or even days. Nonetheless, it's the frequency of transactions on the exact same instrument/pair that makes the real difference.

    Do you agree

  2. #2
    Quote Originally Posted by ;
    quote Agreed. It doesn't make sense since it is crap. The idea that the moment the clock ticks out of 7 hours 59 mins to 8 hours suddenly turns one to a swing trader is one of many ridiculous falsities wasting retail traders' time and energy. quote Broadly yes I would agree. I trade the fundamental supply/demand curve, i.e. aiming to ch the fresh primary swing points on M1 charts. In that regard I believe my methodology to be that of swing trading. Currently taking between 3 and 2 transactions per day, always open and close during...
    In fact we must specify a swing first, there's no official definition. I would say an IMPORTANT swing occurs 1-5 times per month, but it can last minutes if there's strong momentum (acceleration over TIME).

  3. #3
    Quote Originally Posted by ;
    quote Actually we must specify a swing , there is no official definition.
    My side I generally classify a swing as something manifest in price arrangement and time-frame particular. M1 main swing points above and below current price marked in the screen grab below (there are several swing points in between but I see these as noise and have removed them from this picture ):


  4. #4
    Quote Originally Posted by ;
    Many experts say swing trading is closely related MOSTLY to the trade duration. Well that does not make ANY sense IMO.
    Agreed. It doesn't make sense because it's nonsense. The notion that the moment the clock ticks out of 7 hours 59 mins to 8 hours abruptly turns you to a swing trader is among the several ridiculous falsities squandering retail traders' energy and time.

    Quote Originally Posted by ;
    it's the frequency of transactions on the exact same instrument/pair that makes the difference. Would you agree
    Broadly yes I'd agree. I exchange the fundamental supply/demand curve, i.e. planning to ch the new main swing points on M1 charts. In that regard I believe my methodology to be that of swing trading. Currently taking between 3 and 2 transactions every day, always open and close through the exact same LDN/NY session. Each transaction lasts anywhere between 30 minutes and a few hours.

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