I am sure this has been talked about before but what exactly defines those 3?
Day is obvious enough.
Position is like 1-2 trades a day?
and swing is...?
My main question is that I have read that "the big boys" don't day trade....that it is far more lucrative to position trade...
Is that right?
Meaning I use a system on a one minute chart and grab 2-3 ticks at a time...is the above saying that the big boys would extrapolate the theory and try to trade on a daily or hour chart and make like 5 POINTS a trade?
I'd appreciate any info...thanks...
Day is obvious enough.
Position is like 1-2 trades a day?
and swing is...?
My main question is that I have read that "the big boys" don't day trade....that it is far more lucrative to position trade...
Is that right?
Meaning I use a system on a one minute chart and grab 2-3 ticks at a time...is the above saying that the big boys would extrapolate the theory and try to trade on a daily or hour chart and make like 5 POINTS a trade?
I'd appreciate any info...thanks...
