Swing vs. Day Trading - Which is Better?
★ SUMMARY ★
You can compare day traders and swing traders to the Ninja Turtles – always fighting the Foot Clan. They are always battling each other, but which one is better?
Let's break down the differences between day traders and swing traders, so you can decide which style of trading is better for you...
The holding time for a day trader is less than 6.5 hours, because there is less than 6.5 hours in a trading day. You can possibly hold stock for 7 hours if you trade premarket or aftermarket, but typically you'll hold less than 6.5 hours.
The holding time for a swing trader, on the other hand, is anywhere from 2 days to 2 months. It's typically longer than one day.
Posted at: http://tradersfly.com/2014/04/swing-vs-day-trading-better/
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Day trading positions last less than one day, Swing Trading positions typically last two to six days, but may last as long as two weeks. With Trade12 I can easily run strategy easily because here I have smart bridge technology, fluent and technical errors free platform.
Good information; however, I'm not sure who'd want to take a trading course from someone who admits to sitting out for multiple months at a shot because the market conditions aren't exactly the way he likes
As long as you understand stock market principles, you can become very successful at stock trading. Just remember that in the end, the stock market always rises higher! Remember this and you won't get nervous and make a bad decision. If one of your stocks goes down , be patient. Keep your head cool and hold on to the stock; the stock will eventually go back up. Also to note: there are mini stock market crashes every 7-10 years and there are big stock market crashes about every 35- 45 years
Nice video. Day traders have skill and make money - more gains. Swing traders?? Holding a position overnight? Very very dangerous. I imagine swing trading youd need multiple markets? All that work for what 1:1 over a week? Granted you could get more liquidity but again dangerous left holding too much.
Day trader easily. Only at $millions would it be better to swing trade yet as said its more dangerous holding positions overnight. You can risk 1% of a $500k account on big markets liquid sessions. If you know how to trade (auction/orderflow/liquidity) and value your market then 2:1 sessions consistently should be achieved. Thats being conservative.
Sasha you eluded to the different market conditions that are good for day trading and swing trading or staying out all together, have you made a video that expands on that because that I would definitely like to see. Great videos btw, learning lots, ty.
Could you make a video of like your trading office tour and what your set up looks like? Also, a video on like your back round and what got you interested in trading stocks and how you first got started.
Swing trading requires more research and DD in regards to your investment IMO. I'd research the company extensively and constantly be googling or reading news feeds in regards to said company. Id want to know of pending mergers, whats in said companies pipeline etc, etc. I tried my hand at day trading and I feel like I got too emotional and constantly made bad decisions/choices. If you are prone to anxiety or have issues with attentiveness/focus, DO NOT attempt to day trade. You have to be cool, calm, and devoid of emotional swings. Thats just my personal experience. I made quite a but of money swing trading and lost quite a bit day trading. I found my niche, which is a more informative, albeit relaxed approach to trading.
I implemented the Hybrid trading strategy 4 months ago, I I have had great results!... I beat the S&P 500 by 1.02% in the last quarter... I think your point on fluidity is bang on, so thanks for doing what you do!... Cheers!...
Hello, I really like your videos they are super clean and to the point . So I was thing if I was trading as a day trading and if the market is about to close and and the charts are going down is it possible to switch to swing trading?
Thx , Abe
long term investments mid term swing trades some day trading if the situation calls for it a balanced portfolio is best you can do everything if u want but doing onlu short term trades probly wont be profitable
I have been scalping lately to build my small account into something more substantial. Its taking a lot of trades and time to get the money I need so that I can swing trade. I currently don't have any solid strategy to build my account I just kind of study the charts and jump on it with a buy/short... I am finding it so tedious right now but I refuse to give up.
Hello Sasha, can you recommend any practice stock market trading programs to play with "monopoly money" I just kind of want to get a feel for how it all works together before I start doing it with the real thing.
ThinkorSwim is great! When you login after you open the account all you do is click either live or paper money and with the paper money its the exact same but with fake money which you can change but all in all i like it even though I've yet to make a trade with real money lol
Im glad i stumbled across your vids. Already subscribed and will continue to watch the rest of your vids. Question. I read on a comment on another one if your videos where someone said to do like a dummy account to do practice trading. Is there such a thing and if so can u point me in the right direction?
Somehow you missed a huge point about regulations related to regulations. FINRA 4120 (pattern day trading rule). One cannot *be* a daytrader (of stocks and ETFs) if they cannot keep their account above $25,000 total value.
+Drew Brown Sir, I thank you kindly for taking the time to clear that up. I should have stated earlier that when I do the 33% thing, I make sure never to use unsettled funds. My broker keeps track of buying power and breaks that amount down into unsettled funds, withdraw-able cash, AML holding periods, etc etc.
To be honest I am more of a swing trader than day trader, but its very short term. I buy in the afternoons/evenings, and then sell the next morning.
My hope is that if you can see the limits I am describing from other sources, you will realize that you're missing something from your calculations.
My guess is that you have not traded frequently enough to have the broker stop you. I have.
Again, I literally have to write these specific rules into trading software and it has to be dynamic.
The trading robots I write must, unlike you, fully understand what funds are NOT settled . . . so that the robot never attempts to use unsettled funds to make trades. (Well, candidly, the broker will stop robots and humans from freeriding, but whatever.)
Why would you not want a mixture of both? In the words of the best investment minds on the planet "diversify, diversify, diversify". My strategy would be to collect a nice portfolio of dividend paying stocks with a low chance of fluctuation and then compound them with mid risk swing trades and save my risky trades for short term day trades.
Creating multiple revenue streams from the stock market = best way to get rich $$
FYI, you have good natural ability to simplify and teach. I will continue to watch your videos. Curious any videos explaining tax implications for a swing trader. Issues like wash sales and other complications from the IRS. Thanks
+Amr Abdelaal I enjoy trading on Cryptsy and Bittrex when it comes to trading between Bitcoins and altcoins (more volatile, potentially more profit with less capital, but MUCH more risk). If you are interested strictly in BTC/USD (or EUR) trading I would suggest looking into Bitstamp, Bitfinex, Kraken, or BTC-e. Cryptsy does offer BTC/USD as well now! If you have any questions feel free to let me know.
Thanks hehe I was just mentioning for viewers who may have less capital. One can start with maybe... $50-75 (preferable more of course) and start building. .02% fees while transferring or cashing back within minutes. Anyways, keep up the great work, you're explanations are really clear. :)
hi sasha i want to add that a day trading is not less than 6.50 because here you are assuming just the opening and close of that market but you are taking into consideration the extended hours from 4 am to 9.30 am and from 4 pm to 8 pm. i sometimes buy or sell at the extended hours. thanks
+Sasha Evdakov yes you are right in the case of beginners. for me i just want to compliment what you said. day trading is to difficult for beginners so may swing trading is better because they dont have to compete directly with professional traders. thanks and good luck
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