Profit Trade

Profit Trade

Profit Trade

According to the article, "How to Use Limit Orders to Your Advantage and Save $ Over Time" at My10000Dollars.com (a site by an accomplished swing trading expert), "the opportunities to gain more money by using limit orders are out there." Learn when to use, when not to use, and why to use limit orders in an overall swing trading strategy.

Avoid Market Orders When Swing Trading (most times)

Though swing trading is not day trading, the stock is still being held for a short period of time. The risk is still higher, compared to long term investors. For this reason, there is a larger incentive to be focused and disciplined. Unplanned market orders are often a result of emotional buying which can create more risk or create a loss of an opportunity.