Intraday whether we have profit or loss. But not so in swing trading. In swing trading, since you have taken full payment for delivery of the stock, there is no obligation to sell the stock within a specific time, and you can hold the stock until your target is met, which means that the chances of achieving your target are many times higher than in intraday.
After your entry order is executed in intraday, you have to keep an eye on that stock. If the stock we hold starts to move against us, our heart rate increases, and we get tensed. In swing trading, you don’t have to monitor the stock.
After executing your buy order, you wait for the target; even if the market goes down, you lose when you exit. Then, you can average, hold the stock, and sell at your target.
In swing trading, we only pick stocks that have strong fundamentals. Even if such stocks go down for some time, they go up later. In swing trading, you take full delivery of the stock to hold the stock until your target is met, so the chance of loss in swing trading is meager.
Green mark of swing trading
In swing trading you can take full advantage of the bull run. For example, if a stock is bullish, it will likely go up for several days, in which case you can take full advantage of a bull run. Even if there is good news in a stock, that stock remains in an uptrend for a long time, and if you hold that stock, you are likely to make huge profits.
If you are new to the stock market, swing trading is very beneficial as it involves almost no or minimal risk compared to intraday trading. So, if you are new to the market, then it is advised to start with swing trading.
Red mark of swing trading
In swing trading, the shares you buy can stay in one place instead of moving up for an extended period, so your money will likely be invested for an unlimited period.
Patience is essential in swing trading. Many times, the shares you bought immediately show losses, in which case you may lose money if you exit the market in haste.
In the case of stock picking in swing trading, if your guess is wrong, you have to hold that stock for an extended period, thus losing the chance of getting profits in the short term.
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