One thing that I think is important to add is how those strategies affect you psychologically. With swing trading you are invested over periods of days, sometimes weeks whereas with day trading you usually close your positions by the end of the day or trading session. You could compare day trading more with a 9-5 job where swing trading is more like being a business owner from the involvement perspective. I tried swing trading for a bit and found myself constantly checking charts and alerts. Maybe more experienced swing traders can distance themselves better, but I think this can be hard when being invested in fairly short time frames, e.g. I don't check my ETFs every hour, but I definitely check my swing trades multiple times per day. This level of involvement definitely has a huge impact you and on your relationships (friends and family). So swing vs. day trading is also kind of a life-style decision.
One thing that I think is important to add is how those strategies affect you psychologically. With swing trading you are invested over periods of days, sometimes weeks whereas with day trading you usually close your positions by the end of the day or trading session. You could compare day trading more with a 9-5 job where swing trading is more like being a business owner from the involvement perspective. I tried swing trading for a bit and found myself constantly checking charts and alerts. Maybe more experienced swing traders can distance themselves better, but I think this can be hard when being invested in fairly short time frames, e.g. I don't check my ETFs every hour, but I definitely check my swing trades multiple times per day. This level of involvement definitely has a huge impact you and on your relationships (friends and family). So swing vs. day trading is also kind of a life-style decision.
just put your stop/take profit limits
Great videos. Good communication, succinct, not too much jibber jabber. Good job. Nice to see that on YT for a change
Great teaching - thank you
Amazing explanation! Thanks
Thank you for your time & great video!
The exact info I was looking for, thx for being honest
What was the volume indicator you had at 7:30?
I saw this video like 3 years ago. Should've listened. Only started swing trading last 6 months and it's just better.
Funded and got a payout. Took 2 trades this month.
@@viktoraberg What timeframes do you use and how many pairs?
I do swing trading, I learned in the NFC community.
How do you manage rollover days for futures?
Omg your videos are Soo informative!!! Absolutely brilliant! I wish I found your channel earlier!
Thanks!
Swing it!
Swing trading is way better.