Ok, now we look at Swing and scalp trading and its philosophy!
Swing trading:
I found out that this is an approach I personally like because if executed right, you don’t have to take that many losses. Additionally, the time frame we are looking at is probably a bit shorter, starting from half a day until 1 or 2 weeks, maximum. This trading style works best in ranging markets, but can be applied to trending markets as well (on shorter time frames). For those of you who do not know what swing trading is, here is a short definition. Read more