Friday, January 3, 2014

Swing Trading

Swing Trading is Holding position till the bias change, i.e. Holding Shorts in downtrend till the price closes above previous day High or Holding Longs in uptrend till the price closes below the previous day Low. 90% trading hassles will be over if this is followed, but deal with futures not in options and only when a trend emerges. Options are for smarter technical traders only.

Note : Here close means EOD close

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