Understanding the Different Between Swing Trading and Day Trading
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market.
Swing Trading v. Day Trading
Swing:
-Potential to make more money than with day trading
-Going across multiple days (e.g. a 100 day period)
-You do have the risk of holding positions overnight; you also have the risk of news, politics, etc
-Gives you more room to grow than with day trading
-Requires more research about the company
Day:
-Market opens at 9:30am
-You purchase stock at 10:20am
-You have bought and sold stock and now own nothing at 3:00pm
-You are trading on the day's gain (or losses)
-Everything is done withing one day
-Advantages: no risk behind holding positions overnight, news events (i.e. earthquake), etc
-Usually stocks will not jump very high in one day unless they are higher priced shares
Continue to learn with me at: http://tradersfly.com/
Check out my courses at : http://rise2learn.com
Facebook Fan Page: http://www.facebook.com/tradersfly/
Get My Charts on Twitter: https://twitter.com/tradersfly/
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market.
Swing Trading v. Day Trading
Swing:
-Potential to make more money than with day trading
-Going across multiple days (e.g. a 100 day period)
-You do have the risk of holding positions overnight; you also have the risk of news, politics, etc
-Gives you more room to grow than with day trading
-Requires more research about the company
Day:
-Market opens at 9:30am
-You purchase stock at 10:20am
-You have bought and sold stock and now own nothing at 3:00pm
-You are trading on the day’s gain (or losses)
-Everything is done withing one day
-Advantages: no risk behind holding positions overnight, news events (i.e. earthquake), etc
-Usually stocks will not jump very high in one day unless they are higher priced shares
Continue to learn with me at: http://tradersfly.com/
Check out my courses at : http://rise2learn.com
Facebook Fan Page: http://www.facebook.com/tradersfly/
Get My Charts on Twitter: https://twitter.com/tradersfly/
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