For starters, swing and position trading has less noise/false signals. Day traders trade noise all day.
Market movements within short periods of a day or less are largely random. You can't reasonably predict what the market will do in the next 10 minutes. Longer periods are more predictable. For example, if a company announces strong earnings today, its pure guesswork on how the price will behave tomorrow. On the other hand, you can predict with a reasonable degree of accuracy that in three months, the price of the stock will be higher if the underlying market conditions don't change.
Typical response of a wind-chaser who probably isn't a consistently profitable day-trader.Typical comments by someone knowing very little about daytrading.
Typical response of a wind-chaser who probably isn't a consistently profitable day-trader.
You can not deny the facts:
1. You know very little about daytrading.
If you think else, then I would like to ask you a few questions that only daytraders know the answers.
2.You don't have that characteristic that winning traders have. Your posts show it.
You don't even understand why that characteristic matters because you have not reached that level.
If you think else, then tell me why that characteristic matters?
It all comes down to edge. Where can you find it? I bet @Blaze is confusing bull market with skill/edge. Another thing to remember is there are more opportunities in trading intra-day, so it’s more of “income trading.” Swing and Position trading is more of “wealth” trading/investing. If you don’t need to derive income from trading, then you are probably better off swing/position trading, imho.Swing Trading - or - Day Trading?
Swing Trading - or - Day Trading?
It was said that "that guy can’t even be profitable in swing trading , so proceeds to say day trading is a scam to somehow justify he/she has failed in both day/swing trading?
Day Trading to Multimillionairedom
https://elitetrader.com/et/threads/day-trading-to-multimillionairedom.359874/page-6#post-5414301
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All this searching for the "easy" is a tell tale of a mindset.Neither.
Dont think any kind of trading is easier than any other -
-gariki
