so when i look at the chart, a lot times it rises very slowly within a week or month in a uptrend before it goes back down again so is it best to swing trade?
That decision depends on the instrument. Some lend themselves to longer holds, while others are best traded intraday. And for some, both timeframes can be traded at the same time. It also depends on your experience, psychology, objectives, and available capital.
DAY TRADING Then you bring home the bacon on most days. Every day you sleep well regardless of profit or loss. And repeat it every day. Many day traders started with investing and swing trading. I level up from investing to swing trading to day trading. Different people have different KSA, experiences, backgrounds, and competencies. So you have to evaluate it and see which works for you.
I do both, day trading around core swing positions when the setups are there. The day trades are adding on size to a winning swing position on counter moves. At times I am only day trading depending on the market conditions. A winning day trade that runs hard where I have a larger target I will leave on half or a quarter on to run as a swing trade. This is what many many hedge funds are doing - active in a shorter & longer time frame.
%% EXACTLY. '' + until you are able to answer that question= neither'' LOL so true WMT sells by the day+ nite but main measures are monthly+quarterly, yearly ........ NO such thing as one size fits all; But here is another hint. HOW much AUM is with daytrading companies= not much@ all compared to other time frames Wisdom is profitable to direct. Good question.
Daytrade price action prediction is very different from swing trade price action. In swing trading it is easier to find consistency.