Do professional traders swing trade?

Swing trading has the potential to see fewer but larger profits ; the longer a position is open, the more likely the market will move further away from its opening price. If it moves in the direction the trader has predicted, they’ll make a profit. If not, they’ll make a loss.

Let’s start with the basics of a swing trading strategy. Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10% , or even just 5% in tougher markets.

In Summary. It is definitely possible to swing trade for a living ; however, based on the demands of your life you need to assess if now is the right time. Remember, the market will always be here, there is no need to make a rush decision.