Swing vs Intraday

Oct 28, 2016 at 13:20
1,544 Views
25 Replies
Member Since Nov 25, 2015   41 posts
Jan 29, 2017 at 07:23
Kingace posted:
INTRADAY

Get in, Get out, Hold for few pips with high lots and exit with big win

We see a large scale scalper here I guess 😄
Member Since Feb 12, 2016   522 posts
Feb 01, 2017 at 11:11
shirley_F posted:
Kingace posted:
INTRADAY

Get in, Get out, Hold for few pips with high lots and exit with big win

We see a large scale scalper here I guess 😄

I believe yes :)
Trade during the day and avoid the risk when you are away from the market :)
Member Since Feb 04, 2017   10 posts
Feb 05, 2017 at 08:08
Very true. If you're a swing trader then you have to leave the trade open for a long time when you are away from your charts
Member Since Mar 25, 2015   71 posts
Feb 09, 2017 at 11:03
Swing traders seems to have very strong patience and nerves, indeed! It's not for everyone and also considering the swaps is important, so here come the specific conditions offered by the broker.
Member Since Feb 12, 2016   522 posts
Feb 13, 2017 at 08:57
Hi Nina, Swing traders not necessary needs to have strong patience and nerves. More often, they do not have time to trade on small timeframes and uses 4h, or Daily or weekly charts and they are waiting the big moves.
Also, they might found that this type of trading works for them better then whole day sitting in front of the PC.
In regards to swaps, some FX pairs does not have really big swap charges and even to hold position for long period, the price movement may brings much more profit / or lose compared with swap charges.
Indeed there are some TRY and ZAR pairs where the charges and incomes from the swap are significant if you hold the pair longer term and those figures my affect over the end result :)
Member Since Nov 25, 2015   41 posts
Feb 14, 2017 at 08:53
I would say the swing traders have the confidence in their analysis of the price action deciding to hold a position for longer time. Back to the personality of the trader 😄
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.