What is the main goal of swing trading?

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The main goal of swing trading is to capture short-term price movements for quick profits. Swing traders operate on the principle of taking advantage of price fluctuations that occur over days or weeks. They typically look for stocks or other assets that show potential for a significant movement over a period of several days to a few weeks and aim to buy at a low price and sell at a higher price within that timeframe. This approach allows traders to potentially benefit from the volatility in the market without holding assets for the long term, as is the case with strategies like buy-and-hold investing. By focusing on short-term trends and patterns, swing traders can make timely decisions to realize profits and manage risks effectively.

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