Hello Readers!
For newbies who don't know what actually swing trading is (In theory) :-
“Swing trading is basically a target based and time bound trading, done for quick returns”.
Moving ahead to THE PRACTICAL APPROACH
As per my personal experience, I will classify it broadly into two categories:—
1. High-Risk Approach: It involves risky and most volatile stocks in the market like Vodafone idea, Yes Bank and penny shares. It is all a GAME OF RIGHT ENTRY AND EXIT and used as the quickest way to earn high returns, involving higher risk. I will only suggest this to those who are also prepared to bear the loss, if the stoploss gets hit. So, those of you who are new, follow the approach 2 to start trading.
The best thing about this approach is, it can give you returns up to 100%, (even more in some cases).
My personal experience: I do this frequently and on an average it turned to be an Awesome experience for me:
Traded and booked profit many times in stocks like Vodafone Idea, GTL Infra, Reliance Power, Adani Power, Sintex Industries, Trident, etc.
2. Least risk Approach: This involves trading of Quality Stocks and I would suggest this to everyone willing for 10-30% returns in a month.
My personal experience: I also try this out on a regular basis and my success rate is 100% in this approach. This involves shortlisting of fundamentally strong stocks in momentum. You will have to do detailed analysis and research and stay updated about Splits, Results, Bonus, deals, etc.
Traded and booked profit in many stocks like IRCTC, AFFLE, Happiest Minds Technologies, Info Edge, IEX, and many more.
For reference, I will also attach the screenshots of trading done by both Approaches.
Thanks a lot if you made it this far. I will keep posting further content about swing trading opportunities. So, please like and comment and stay tuned for regular updates.
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