Swing Trading vs Day Trading 👉 Which is Better?
2020 ж. 15 Мам.
18 135 Рет қаралды
Which is better? Swing Trading or Day Trading? In this video, I'm going to break down a couple of day trading's challenges for you that not many people talk about and compare to swing trading
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👇🏻Check out my video series:
➤ Supply and Demand Trading 101: bit.ly/3fbXlyW
➤ How to Become a Consistently Profitable Trader: bit.ly/3d5B58f
➤ No Indicator Trading: bit.ly/3d6ZUAt
➤ Do Trading Indicators Work?: bit.ly/2Sphms8
➤ How Markets REALLY work: bit.ly/35wnKmU
One thing that I think is important to add is how those strategies affect you psychologically. With swing trading you are invested over periods of days, sometimes weeks whereas with day trading you usually close your positions by the end of the day or trading session. You could compare day trading more with a 9-5 job where swing trading is more like being a business owner from the involvement perspective. I tried swing trading for a bit and found myself constantly checking charts and alerts. Maybe more experienced swing traders can distance themselves better, but I think this can be hard when being invested in fairly short time frames, e.g. I don't check my ETFs every hour, but I definitely check my swing trades multiple times per day. This level of involvement definitely has a huge impact you and on your relationships (friends and family). So swing vs. day trading is also kind of a life-style decision.
just put your stop/take profit limits
Thank you for your time & great video!
The exact info I was looking for, thx for being honest
Omg your videos are Soo informative!!! Absolutely brilliant! I wish I found your channel earlier!
Thanks!
What was the volume indicator you had at 7:30?
How do you manage rollover days for futures?
I do swing trading, I learned in the NFC community.
Great videos. Good communication, succinct, not too much jibber jabber. Good job. Nice to see that on YT for a change
Swing it!