Swing Trading >> Daytrading

[formikatrading]

How many times do we have to have these kinds of debates? Whatever works for you and fits your personality is all that should matter.

 

[ironchef]

Daytrader; Your risk is limited to how you react to what the market gives you. Being flat at the end of the day you are not exposed to overnight events which may cause your position to change drastically.

Over night events can be friend or foe.

One thread here sometimes back claimed most of the upside happened after hour because company released news after market close.

 

[deaddog]

The OP topic is questioning rather swing trading is better than day trading, not a question if leverage should be used or not, nor are we discussing the typical pitfalls of amateur traders who can't use leverage effectively.

I only mentioned it because you brought it up.

 

[deaddog]

Over night events can be friend or foe.

One thread here sometimes back claimed most of the upside happened after hour because company released news after market close.

Exactly, Same as downside.

 

[maxinger]

BOTH are workable actually.

but it is not workable for lazy traders who want to spend as little time as possible on computer screen.

 

[deaddog]

BOTH are workable actually.

but it is not workable for lazy traders who want to spend as little time as possible on computer screen.

Swing trading works very well for lazy traders like myself. 1/2 hour in the evening and 1/2 hour as the market opens.

 

[SimpleMeLike]

This is my honest opinion, any day traders (If there is any successful ones) care to debate?

Daytrading may be better in terms of a smoother equity curve if done successfully,
but for long term pure returns, nothing beats swing trading.

It is way easier to lose money in daytrading when you overtrade and commission
eats to your profit, intraday movements are smaller compared to swing trading.
Thus, profits are smaller with more fees incurred. You really have to pick your spots
to have a meaningful trade. It is way easier to make mistakes in daytrading.

Day trader is better. Keeps you busy and less waiting around for trade.

 

[easymon1]

Swing trading
one or more days

What ever Feels Good.
Steve Bigalow holds most of his trades for 2 to 10 days using the stuff he does. LP enters his trades, sets his stops and targets and walks away, risks 300$ per trade max. Both will exit prior to stop loss if price action is not what they like to see.
Something to give a try some day...

meanwhile day trading at all hours feels good, and you know what they say...

is a speculative trading strategy in financial markets where

a tradable asset is held for one or more days

in an effort to profit from price changes or 'swings'.[1][2]

A swing trading position is typically held longer than a day trading position, but shorter than buy and hold investment strategies that can be held for months or years.
Profits can be sought by either buying an asset or short selling.[3][4]
Momentum signals (e.g., 52-week high/low) have been shown to be used by financial analysts in their buy and sell recommendations that can be applied in swing trading.[5]

 

[maxinger]

Swing trading works very well for lazy traders like myself. 1/2 hour in the evening and 1/2 hour as the market opens.

Good for you.

It is the reverse for me.
I like to work and work and work, from sun rise to sun set, moon rise to moon set, from Asian to Eur to US back to Asian market.

so day trading works very well for me.

 

[easymon1]

All of the above can be done when working most regular jobs assuming 9-5pm. In fact, it's a great way to work into a full time trading gig with little risk to capital (trade really small), and almost zero pressure to perform and make money (regular job provides the income).

while your employed pulling down cash and benefits.
one of the best ways to start trading imho.
not to mention, hone your brewing skills and recipes.
in both cases, it takes time to nail down your rig, technique, routine, schedule, paperwork, mindset, layout, organization.