Swing Trading Done Right with Spartan Trading
If you’re a professional, student, or other busy individual looking to get into trading, you’ve probably considered swing trading before. When done right, swing trading can be an excellent way to wade into the market without spending countless hours analyzing trends, identifying patterns, and trying to capture upswings. Because swing trading is focused on short-to-medium-term gains over days (sometimes even weeks and months), swing trading is a good way to profit off the market while not sacrificing other parts of your lifestyle.
However, just because swing trading is slower-paced than day trading doesn’t mean it requires any less skill, knowledge, or expertise. Without the right ideas, strategies, or execution, swing traders face an uphill battle to see returns on their investment. That’s why it’s essential to understand not only how swing trading works, but also where to get the resources you need to make the most of your money.
To help get you started, you’ll find more information on swing trading the right way below, as well as how Spartan Trading gives you the tools you need to understand the market and elevate your trading.
What is Swing Trading?
Swing trading aims to take advantage of short-to-medium-term movement in stock (or another financial instrument) over several days to several weeks. It generally involves holding either a long or short position for more than one trading session, although volatile market conditions can alter the duration.
Successful swing traders use this strategy to capture a piece of a stock’s potential price move. Aggressive traders seek out volatile stocks with frequent movement, while others prefer more stable stocks. Either way, swing traders work to identify which way an asset will move next, enter a position, and then capture a piece of the profit if that move comes to fruition.
What You Need to Do It Right
Technical analysis is the bread and butter of swing trading. The ability to read charts to evaluate investments and identify patterns and trends is essential for traders of all levels. Historical data on trading activity and price changes can be valuable indicators of future movements; understanding, interpreting, and acting on this data is the key to any swing trader’s success.
While swing trading predominately relies on technical analysis, a solid foundation in fundamental analysis can also be beneficial, especially for longer plays. Fundamental analysis uses a company’s financials to determine whether a security is valued accurately based on macroeconomic factors (the state of the economy, industry conditions, etc.) and microeconomic factors (supply and demand, the effectiveness of a company’s management, and more).
Finally, any kind of analysis is only as good as the information you’re analyzing. Good data leads to good plays, whether it comes from a reliable newswire, a live trading chat room, or advice and ideas from an experienced professional. If you’re serious about swing trading, you need to be equally serious about ensuring you have both good data and the know-how to apply it to your trades.
Without the right tools at your disposal, swing trading can feel more like buying a lottery ticket than making calculated financial moves. It’s absolutely essential for traders to have the knowledge and resources to make informed plays on the market, especially when they’re first getting started.
Swing Trading with Spartan
Spartan Trading gives both new and experienced swing traders all the tools they need to conquer the markets and elevate their trading. Our Swing Trading Program gives you the resources you need to start swing trading successfully, including:
- Stock Options & Swing Ideas tailored to what works best for you.
- Daily Live Guidance on Swings.
- Access to Moderators Inside and Outside Market hours.
- Private Q&A Sessions with experienced traders.
- One Month Free Access to Spark Newswire.
- And More!
Spartan also offers comprehensive educational resources to demystify trading, shorten the learning curve, and help you become a powerful independent trader faster. With bundles and packages available for every kind of trader, there’s no better way to kickstart your growth and see results from trading than by getting started with Spartan.
Ready to Learn More?
Contact us today to learn more about Spartan Trading’s programs and solutions for swing trading.