Position or day or swing trading?

Discussion in 'Trading' started by michael21, Jul 11, 2011.

  1. I am sure this has been talked about before but what exactly defines those 3?

    Day is obvious enough.

    Position is like 1-2 trades a day?

    and swing is...?

    My main question is that I have read that "the big boys" don't day trade....that it is far more lucrative to position trade...

    Is that right?

    Meaning I use a system on a one minute chart and grab 2-3 ticks at a time...is the above saying that the big boys would extrapolate the theory and try to trade on a daily or hour chart and make like 5 POINTS a trade?

    I'd appreciate any info...thanks...
  2. No one knows???
  3. learn from daytrading, patterns the same on all frames.
    profits highest with the highest frame.
  4. Position trading is trading on a timeframe of 1 month+. Swing trading is generally from a few days to a few weeks.
  5. jokepie