Sentences with phrase «challenging for a swing trader»
One big challenge for swing traders right now is that volume levels in the broad market will likely begin heavily receding next week, as we approach the Christmas holiday.
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The indecisive and choppy price action that has plagued stocks throughout most of the summer has indeed been challenging for swing traders who seek to profit from stock market trends in either direction.
Not exact matches
Recent trading action may have been great for daytraders who thrive on intraday trends, but for swing traders like ourselves, erratic price action from one day to the next has admittedly led to challenging trading conditions on either side of the market (click here for a comparison of daytrading vs. swing trading).
When I was a new stock trader many years ago, one of the most psychologically challenging aspects of swing trading was continually maintaining the discipline and patience to wait for stocks and ETFs to actually break out above their technical resistance levels before buying them.
For a swing trader holding a position overnight, gap risk is the most challenging risk to manage.