we’re going to answer one of the common questions we get from newer traders and that question is what are the key differences between day trading and swing trading and which one is right for me and my current situation.
let’s go ahead into the meat and potatoes of this article
DAY TRADER VS SWING TRADER
Here is a little grid that we’ve gone ahead and put together with regards to some of the key factors that are different between the day trading style and the swing trading style. these factors are the holding period to trade frequency the commitment the time commitment required for each style the risks associated with both styles some of the costs associated with them.
the profit potential and the personality type this is basically what type of personality is best suited for each style of strategy. let’s go ahead and get started with the first one that is the holding period.