044: Michele Koenig – Lessons From a Decade of Swing Trading, and How to Overcome Early Failure
Chat With Traders
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The Advantages and Disadvantages of Swing Trading
The advantages with a swing trade trading approach is it tends to be a more relaxed style. Because I'm able to give it that time within my set risk, you know, I can be more relaxed. The disadvantages of being a swing trader or one of the things that's difficult for people with swing trading is having the overnight risk. There are going to be times though that you are caught in something that's unfavorable. And so you need to make sure that anything that you are swing trading and holding overnight that it's sized appropriatelyso that if there is something unfavorable, it's not devastating to your account.
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