Swing Trader Definition
October 14th, 2008 by jackieannpatterson | No Comments | Filed in Glossary
A Swing Trader tries to capitalize on short-term price movements. A swing trader will hold overnight, possibly for several days, which distinquishes swing trading from daytrading. Of course some exit strategies are open-ended so the trade may last as long as the stock is running. After backtesting a few we can see the average hold time for the different trading strategies and settings.
Extra Insight:
In my backtesting, the 2day timed exits apply to Swing Trading. At that point, its clear if the entry strategy has the trade off to a good start.
(Backtesting Blog is an Amazon Associate.)
Updated 11/17/08.
Tags: backtesting, day, entry, exit, long, strategy, swing trader, trading







