Tuesday, January 18, 2011

swing trading vs day trading

(day trading + btst) x 5 days = swing trading

if you take a long position for swing trading

and market falls

will you intervene?

if you don't

(saying it is swing trading and not day trading)

your account bleeds!

and if you intervene

you are not swing trading

you are day trading.

moral of the story

= there is nothing called swing trading in strict sense

every trading is a superset or subset of day trading.

otherwise it is just a fell-good excuse

for not monitoring

or not being able to monitor

market regularly!

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