1. What is swing trading?
Swing trading holds positions for days or weeks to capture medium-term price swings. It is less time-intensive than short-term trading and more active than long-term investing.
💡 Characteristics in this guide
• Holding period: two days to two weeks.
• Target return per trade: 5–20%.
• Main charts: four-hour to daily.
• Benefit: can fit around a regular job.
2. Scalping, swing trading and long-term investing
3. Swing strategies
1. Trend-following swings
Buy a pullback in an uptrend. The source suggests entries as price returns to the 20 EMA or within the 38.2–61.8% Fibonacci retracement zone.
2. Range swings
Buy support and sell resistance. Use this only in a clearly established range, with a stop if the range breaks.
3. Breakout swings
Enter when price breaks support or resistance after a prolonged range. Volume confirmation is essential in this framework, and false breakouts require caution.
4. Risk management
- The source suggests risking 2–5% of total capital per trade.
- Always set a stop loss.
- Seek a risk:reward ratio of at least 1:2.
- Keep simultaneous positions to three or fewer.
5. Swing-trading checklist
✅ Before entering
1. Check the overall trend on daily and weekly charts.
2. Identify support and resistance.
3. Check RSI and MACD.
4. Set stop and target prices in advance.
5. Check news and events.
6. AI swing trading
The original guide describes NOONOO TRADING as swing trading from four-hour charts, holding positions for several to tens of hours and using ATR-based trailing stops to maximize gains.