Day Trading vs. Swing Trading: Which is Best for YOU?

Which is better? Day trading or swing trading? Each has advantages and disadvantages. Here's a comparison chart to help you decide which may be a better fit for you: DAY TRADING DEFINITION: In and out during open outcry hours. Use intraday charts. SWING TRADING DEFINITION Hold 2-14 days. Use daily and weekly charts. DAY TRADING ADVANTAGES: No overnight risk. Overnight you have peace of mind. Can compound your money faster. DAY TRADING DISADVANTAGES: Requires a good attention span. May need a larger account if trading stocks. Ask your broker about the pattern day trading rule. May be more stressful while you’re trading. Need to be “quick on the draw” and make decisions fast. Can lose money faster! Can rack up commission costs faster. Can’t do it during your “day job.” Exceptions: Spot Forex. Trading before work. Need better (more expensive) technology. Computer Internet connection Software Execution platform SWING TRADING ADVANTAGES: Can do it whenever it fits into your schedule. Can take time to analyze the charts and other factors and make decisions in a more relaxed manner. May be less stressful during the day. Good attention span not required. Don’t need the best technology so less expensive overhead cost. Can profit big from overnight moves. SWING TRADING DISADVANTAGES: Potentially make less money in the same amount of time (assuming success). Trading options can help you compound your money faster. Exposure to overnight risk. Overnight you may have trouble relaxing when you’re not watching your positions. Smart to hedge with options. May need a larger account because of the larger risk per trade based on the range of daily bars. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.