What is the best strategy to start swing trading as a beginner?

[Mdraghib]

If you are doing swing trading, you must focus on trends and managing risk. Swing is not about seeing only charts all day its about observing short to medium term moves that last from a few days to a few weeks.

Here’s a beginner-friendly strategy to get started:

1. Trade with the Trend

Start by identifying the overall trend. Use a daily chart and apply moving averages like the 50-day and 200-day to spot uptrends or downtrends. If the price is above the moving averages, look for buy setups. If it's below, look for sell setups.

2. Use Support and Resistance

Look for key support and resistance levels. These are price zones where the market tends to bounce or reverse. Enter trades near these levels and set realistic targets.

3. Combine with Indicators

Add simple tools like the Relative Strength Index (RSI) or MACD to confirm momentum. For example, if the price is near support and RSI is showing it's oversold, that could be a solid entry point.

4. Set Stop Loss and Take Profit

Always manage your risk. Set a stop-loss just below support (for buys) or above resistance (for sells). Plan your take-profit based on the next support/resistance zone.

5. Stick to a Trading Plan

Don’t trade based on emotion or hype. Create a plan that includes your entry, stop loss, target, and risk level—and stick to it.

Start with a demo account or small position sizes. Swing trading takes patience and practice, but with the right strategy, you’ll build confidence and consistency over time.