What's Easier - Swing Trading or Day Trading?

Discussion in 'Technical Analysis' started by easymon1, Jul 2, 2021.

  1. easymon1

    easymon1

    How do your stop-gaps compare between the two, Swing for say 2-10 day holds, vs. Intra trades?
     
    #21     Jul 2, 2021
    murray t turtle likes this.
  2. wmwmw

    wmwmw

    Typical comments by someone knowing very little about daytrading.

    A profitable trader has a characteristic that won't make conclusion on something he is not certain.
    I didn't see this characteristic in your post.
     
    #22     Jul 2, 2021
    BONECRUSHER, shuraver, d08 and 2 others like this.
  3. Blaze

    Blaze

    Typical response of a wind-chaser who probably isn't a consistently profitable day-trader.
     
    #23     Jul 2, 2021
  4. wmwmw

    wmwmw

    You can not deny the facts:
    1. You know very little about daytrading.
    If you think else, then I would like to ask you a few questions that only daytraders know the answers.

    2.You don't have that characteristic that winning traders have. Your posts show it.
    You don't even understand why that characteristic matters because you have not reached that level.
    If you think else, then tell me why that characteristic matters?
     
    Last edited: Jul 2, 2021
    #24     Jul 2, 2021
    Bad_Badness, d08 and qlai like this.
  5. traider

    traider

    I'm interested in what the questions are
     
    #25     Jul 2, 2021
  6. qlai

    qlai

    It all comes down to edge. Where can you find it? I bet @Blaze is confusing bull market with skill/edge. Another thing to remember is there are more opportunities in trading intra-day, so it’s more of “income trading.” Swing and Position trading is more of “wealth” trading/investing. If you don’t need to derive income from trading, then you are probably better off swing/position trading, imho.
    BTW, when I started, I had exactly same opinion about day trading as @Blaze which is very common. It is all part of the journey.
     
    #26     Jul 2, 2021
    shuraver and CarolSciurus like this.
  7. Regardless of your time frames, you should be buying support, selling resistance, and chasing breakouts (IOW, KISS, baby!). If you get good at doing that, then they're equally difficult.
     
    Last edited: Jul 2, 2021
    #27     Jul 2, 2021
    MoneyMagnet likes this.
  8. maxinger

    maxinger

    Do note that almost everyone in the broker trading houses are

    day traders, heavy scalpers, algo traders.

    There might be swing traders but I haven't come across swing traders in the
    trading houses.


    you pay around $1k/mth for the trading desk space & internet connection.
     
    Last edited: Jul 2, 2021
    #28     Jul 2, 2021
    CarolSciurus likes this.
  9. Depends on the strategy. There are certain types of trading opportunities that present themselves within the day, though most do not. Based off what I've seen on ET, most are trading noise, whether they are day or swing traders.

    I think it's more useful to tie the style to the catalyst. Are you trading mean reversion? Are you providing liquidity? Is there an anomaly you are harvesting? Charts and patterns are ill suited to analyze those opportunities, especially if the chart is just price lol.
     
    #29     Jul 2, 2021
  10. Bad_Badness

    Bad_Badness

    All this searching for the "easy" is a tell tale of a mindset.

    Perhaps choose what is harder for you, and then put in your time. Then the "easier" one for you will be a piece of cake. ;)

    The most successful people I know, choose the hardest, world class problems to work on. They don't go around choosing easy stuff.
     
    #30     Jul 2, 2021
    CarolSciurus likes this.