Every Day is a Best Day If you Have a RIGHT STRATEGY

You must realise that swing traders take every opportunity of the volatility, and be a day for the sellers market or the buyers market. If you become a seasoned investor then you will take the advantage of the resultant trading signals that swing as per the market volatility.

So, you will be taking advantage of the swings that flow in your direction and also utilise the situations when the swing flow moves in an opposite direction to your stock positions.

For any prevailing stock market situation, you will be able to decide a day to be gainful in swing trading only after comparing your trade positions/trade plan with the trading signal patterns.

To check it, you must pick the best time frame daily to make precise calculations and decide if it to be a better trading day or not.

A daily time frame enables you to analyze the day’s dominating trend, and show up the possible key levels of the day’s stock market. Daily time frame is less prone to curve fitting, and it works better on the historic data which is more likely to work better on future data.

Expert swing traders consider a 4-hour time frame to be sufficient in understanding the daily trading patterns.

And, checking over the time frame less than 4-hour may not provide you the right output of the set objectives. Even if you do so, the results will display a noisy, erratic picture that may not be enough to show the true direction and volatility of the stock markets.

Therefore, if you treat the 4-hour time frame daily then the charts become a reference to analyse your positioned stocks for days, or weeks together.

Best Days for Swing Trading in a Week:

At the outset in the stock market, you will observe that the beginning of the week, Monday, Tuesday, is considered as buyers markets,

Wednesday, Thursday, the markets run stable and goes sideways (most of the time).

On Friday the markets gear up and volumes of sales go up and they do become sellers markets.