Swingers | Swingers | Forum

Swingers are traders that take advantage of the swing in the price value of certain stocks. Swing trading is the strategy that traders undertake when there is volatility in the market and they ride the momentum by going in the direction of the trend. Hence, they buy if the trend is going upwards and sell short when the trend is going downward. The general strategy adopted by swingers is to enter the market when the correction of the stock has taken place, after which it makes a quick move generating good profit for the swingers. This type of trading is generally adopted by those that want to trade part time with little pressure.

no no! swingers are definitely different from day traders. A major difference is that swingers benefit from high volatility in the market. So if they see that the market is falling, they take advantage of the situation by selling short. Day traders not necessarily trade only when the market is volatile. Even if the market is stable, they benefit from small fluctuations in prices and earn smaller profits. Moreover, swingers invest in bigger transactions and sit only a few hours during the day deriving maximum benefit out of those investments, while day traders indulge in far greater number of mcuh smaller transactions throughout the day to earn the same amount. I hope this answers your question!