They both have their advantages. However, with swing trading, you can get caught up holding the bag for a long time and tying up your capital if things go south.
l... and things tend to go south a lot faster and longer than climbing that big hill all over again! 💁 In my 60+ years of watching this saga being played out I find that most people are essentially pessimistic, doubters, lack discipline and will throw everyone else under the bus and blame the market... when they* are the market. *we all are the market, and without us there is no Market. When you blame the market you are essentially blaming everyone else for your snafu, thus showing you are not adequately prepared... and i include myself in lack of awareness and preparation at times! 😳😵💫😬🙈🙈🙈
Is easy to manage risk swing trading, taking partials in key areas is easyer, scalping or day trading key areas are hard to spot or the price doesn't even react on them or don't go there cuz the market follows hight time frame bias that is hard to trade in lower time frames cuz even if the hight time frame is bearish in the 5 or the 1 min you can get caught in a bullish push or a lot of choppy price action and fake outs
If you're well rooted in macroeconomics undamental, you will be in the know. It's very risky to be just a technical trader in swing trading. Your playing with fire. Fundamental first
There is nothing wrong with doing both. I do both because I think of it as more of a hedge against my daytrade account. So, if I take on multiple losses day trading, there is a decent chance my swing trading account is doing well.
Great video, I paper trade I know this doesn’t count as a real day or swing trade. I’m trading TSLA I was doing really good until I got greedy, hoping I would hit $2k for that day. I was up to about $1,600 and it started dropping and dropping. Instead of taking a $500-$1k loss. It got down to $140k loss. Waiting patiently for some time if good news I stayed in, the market slowly went back up, to 194. I got out made about $40 profit. I’m glad it was paper trading 😂. Lesson learned. Thanks
I like day trading but it is so stressful and eats up my days and I don't have a lot of time left for the rest of my life and loved ones. So I swing trade mostly but sometimes if I can I day trade.
For 15 years, I had been doing mixture of swing trade and day trade with index futures. When an excellent position was spotted during the day, I'll keep it until the exit signal appears. 😊
Me!! I just switched.. to swing trading! Easier. Can hold out the drawdown without worrying. Try getting back to day trading.. but don’t feel the same as before.. Swing is better for the heart n mind haha
I prefer day trading. There is no "overnight" risk in case price gap up/down. So my lose is always 100% determined after a trade is entered. And with my 1:1.5 risk/reward, I just need to make sure I get 50% win rate to make money.
Less time trading yes but that swing trade will fail and you end up losing 4-10 of holding to start over again. Holding for so many days to lose it all is a bit rough until you’re really financially stable then it’s no problem
Yeah trading futures contracts takes care of reasons 2 and 3. Reasons 1 and 4 can be addressed with a good trading system. RR ratios really aren't a big deal if the win rates are high.
How do I just get started in any of this?!! I so desire to learn, I just don't know where to even start... Knowing how it all works or what's what or how to just get started and know what I'm doing. I'm not trying to get rich or start out blowing people out of the water with my success or profits. I just want to do it. I want to know how to do it. And then I want to take my time to get good at it, over time. But I don't understand ANY of it... And I don't know where people go to learn or how they ever even got started. How do people learn to understand this stuff, PLEASE?! 🙏🏻
There’s a misconception for daytraders that they have to be looking at the charts all day. I look at the chart for about two hours and that’s it. It’s all about balance if you don’t know how to balance your time then go to swing trading.
No day trading in and out pays the bills if u know wot your doing. Swing trading allows u to accumulate over a period and your not stuck to the screen. But u need to learn all the basics and evolve as u see fit trading habits and lifestyle change
The irony 😂!! I spent years crafting myself as a swing trader, and this year i decide to make a leap into day trading, and most day traders are now going into swing trading. Grass being always greener on the other side, I guess.
@@MSpeedThree say u have a $15,000 cash account. Monday u trade $14,500. Tuesday u only have $500 left as it's 2 days to settle cash with brokers. Now, in another few weeks, when I spend $14,500 Monday then Tuesday at 4am I have access to all I spent the day before, less or more ur gains. It's going to help many succeed over PDT and also crush those who can't control their trading. It's a good thing. Look it up in tdameritrade etc, T1 or cash time to settle
Someday when I get rich enough to be able sell the same day I bought . What a disadvantage they put poorer trades in when we can’t close a position the same day. Talk about discrimination.
This video has nothing to do with swing training or day trading. Like most RU-vid videos, it's about the narcissism of the creator. Did she really tell us anything secret and amazing? No, this was all about her obtaining attention and supply.
Day trading is better, specially in this volatile market. Furthermore, swing trading requires more payments in fee for keeping your position, the majority of trading forms charge you a fee for keeping your position per day
Most swing traders are just losers that have a day trade on that didn’t go well and they’re waiting for it to go back into profitability. Daytrading destroys swing trading for many reasons. Number one you’re in control of the trade at every minute when your day trading when you’re swing trading you have overnight risk which involves everything that could possibly go wrong for a trade. Number two daytrading is better because your risk reward is clearly defined because you know you’re only in the trade for the day where I swing trading Europe have unlimited risk especially if you’re shorting. Number three why daytrading is better is that you don’t have to worry about your trades if the markets crashing and you could partake in the crash instead of being a victim to the crash