| When it comes to choosing your stock trading style, | | | | done right, can yield massive profits in a short time. |
| you've got 3 basic options: day, trading, and swing | | | | What a swing trader does is learn to identify the |
| trading. While all 3 can yield profit, swing trading has | | | | natural ups and downs of stocks in the market. |
| some major advantages over the other 2: | | | | Stocks usually move in oscillations and this can be |
| 1. If you're a swing trader, you don't need to spend | | | | exploited to make a substantial profit over and over |
| hours each day in front of your chart software like a | | | | again without even a major shift in stock prices. |
| day trader does. To put it frankly, day trading is | | | | In order to be a successful trader, you need to have |
| more like a job than anything else. It defeats the | | | | a solid swing trading system which you can apply |
| whole purpose of trading, as far as I'm concerned. | | | | over and over again. Swing trading isn't as emotionally |
| 2. Position trading requires you to hold your position | | | | turbulent as day trading. You need to have discipline |
| for months and years. While this can be excellent, it | | | | and work systematically for this to succeed. |
| does mean that you will not be able to realize your | | | | Swing trading is perfect for people with jobs and |
| potential profits for months and years. To put it | | | | busy schedules who wish to make hundreds or even |
| bluntly, this is forgotten money. | | | | thousands of extra dollars each month. It's a great |
| Swing trading is an excellent midway option: you hold | | | | way to achieve a greater degree of financial |
| your positions for days or weeks and you can do it | | | | independence. |
| with a minimum of time investment. Swing trading, if | | | | |