is it better to daytrade or swing trade

Discussion in 'Trading' started by ineedmoney90, Jun 1, 2023.

  1. trader1974

    trader1974

    Warren Buffet is one of the best investors in the world, for a reason it will be...
     
    #31     Jun 7, 2023
    murray t turtle likes this.
  2. %%
    Exactly;
    trend helps direction .
    Swing trading helps collection;
    profits.
    On further reflection;
    short or daytrades may help;
    on correction............................
    Rhyme zone helped. I could afford to full time daytrade but dont want to:caution::caution:
    It's that simple.:D
     
    #32     Jun 8, 2023
    trader1974 likes this.
  3. SunTrader

    SunTrader

    I have no hard data to "prove" it but I suspect the failure rate is just as high for swing traders/investors as day traders.

    Since markets are fractal fear and greed come into play whatever the applicable time horizon.
     
    #33     Jun 8, 2023
    Picaso and murray t turtle like this.
  4. (Tonight take Denver - 2 1/2 & J Murray over his points) ~si

    + $700 :D

    Tonight I have a crazy one:

    Caleb Martin Heat 2 or more 3 point shots

    Aaron Gordon Denver 3 or more assists

    Game to go over (I think the no is still 210) ~si
     
    #34     Jun 9, 2023



  5. The hard numbers are revealing:

    4% of day taders can make any money... much less pay rent

    10% of swing traders

    that sizable difference in % represents two factors a) greater safety buying better quality companies b) holding allows for comebacks
     
    #35     Jun 9, 2023
  6. SunTrader

    SunTrader

    Where did you pull that from?

    And the Heat are gonna even things up tonight. :)
     
    #36     Jun 9, 2023
    murray t turtle likes this.
  7. FX2Funding

    FX2Funding Sponsor

    The choice between day trading and swing trading depends on various factors, such as personality, goals, risk tolerance, capital, and time availability. Day trading involves opening and closing positions within the same day, requiring more time, attention, and capital, but offering more opportunities and flexibility. Swing trading involves holding positions for several days or weeks, requiring less time and capital, but providing stability and simplicity. Both styles have advantages and disadvantages, so choose the one that suits your preferences and test it on a demo account before trading with real money. You can also combine or switch between styles based on market conditions and personal circumstances.
     
    #37     Jun 21, 2023
    SunTrader and murray t turtle like this.
  8. Pekelo

    Pekelo

    If both traders make the same % or absolute amount, but one spends 6 hours a day in front of the screen, the other 30 minutes, then the answer is obvious.
     
    #38     Jun 21, 2023
    NoahA, murray t turtle and deaddog like this.
  9. speedo

    speedo

    One enjoys trading and one doesn't.
     
    #39     Jun 21, 2023
    MarkBrown likes this.
  10. deaddog

    deaddog

    Which one? :)
     
    #40     Jun 21, 2023
    murray t turtle likes this.