★ SUMMARY ★
You can compare day traders and swing traders to the Ninja Turtles – always fighting the Foot Clan. They are always battling each other, but which one is better?
Let’s break down the differences between day traders and swing traders, so you can decide which style of trading is better for you…
The holding time for a day trader is less than 6.5 hours, because there is less than 6.5 hours in a trading day. You can possibly hold stock for 7 hours if you trade premarket or aftermarket, but typically you’ll hold less than 6.5 hours.
The holding time for a swing trader, on the other hand, is anywhere from 2 days to 2 months. It’s typically longer than one day.
Posted at: http://tradersfly.com/2014/04/swing-vs-day-trading-better/
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