According to a swing trade definition, the principle of swing trading is the following. If the market has a pronounced directional price movement, logic suggests that it should be used. But where is the guarantee that the trend will not turn around and the attempt to jump into the last car will be successful?
In swing trading, you should enter a trade at the time of trend correction. For example, the price rolled back a little in a growing trend and turned towards the main movement again. At this point, it is evident that the price will at least return to the previous level (it is essential to distinguish the correction from the reversal).
In swing trading, you should enter a trade at the time of trend correction. For example, the price rolled back a little in a growing trend and turned towards the main movement again. At this point, it is evident that the price will at least return to the previous level (it is essential to distinguish the correction from the reversal).
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