When you learn how to interpret subsequent price action that follows the touch of a 20 - EMA, this stellar indicator can be used
by swing traders as the proverbial «line in the sand» for knowing whether or not a trend is maintaining very bullish momentum.
Not exact matches
This should be a realistic near - term price target for
swing traders, and is marked
by the dashed horizontal green line on the chart above (around the $ 14.50 area).
My money management rules were as follows: (1) Never risk more than half as much as the reasonable potential reward (e.g., don't risk more than 10 pips if your reasonable take profit point is less than 20 pips), and (2) never risk on any one trade an amount that would draw down your total trading capital
by more than 10 % (that's my «make sure you don't blow out your account» rule — I'm fairly confident of my ability to avoid putting on 10 losing trades in a row, trading as I do as a scalper and short term
swing trader).
Swing trading allows individual
traders like us to exploit the strong short - term moves created
by large institutional
traders who can not move in and out of the market as quickly.
As the dispersion of returns increases across global markets,
traders can capitalize on the large
swings by taking both long and short positions.
Swing traders that trade off end of day signals get no added value
by watching the price action all day.
This means that the wild price
swings (and not only them) are caused
by the emotions of
traders like hope, fear and general expectations.
It was coined
by Alexander Elder, a New York
trader who lives off his trading profits and has written a book on rule - based
swing trading.
If you are a diversified
trader, who likes to trade futures and options, sometimes
swing trading, sometimes you like to hold positions longer term, and maybe sometimes you are a day
trader, then we recommend you start
by exploring our E-Futures International software.
Therefore,
swing trading is mainly used
by at - home and day
traders.
By holding overnight, the
swing trader incurs the unpredictability of overnight risk resulting in gaps up or down against the position.
Furthermore, the time - frames utilized
by traders are also quite subjective, and a day
trader may hold a position overnight, while a
swing trader may hold a position for many months at a time.
ConnorsRSI is a powerful new composite indicator, developed
by Connors Research, that helps
swing traders take advantage of short term movements in the equities markets.
Bitcoin's main use cases today are as a speculative instrument (many
traders are enticed
by the large price
swings) and as a «digital gold.»
For some
traders and investors, the price fluctuations associated with Ethereum are much more tolerable than the wild price
swings exhibited
by Bitcoin.
«With development in full
swing, we are looking forward to the launch of our two investments funds in Q4 of this year: ICONOMI.INDEX, an index investment fund comprised of a basket of popular cryptocurrencies that minimizes volatility, and ICONOMI.PERFORMANCE, an actively managed fund targeting higher yields and run
by credentialed, expert
traders.»