In the following we separate between day-trading and swing-trading. Of course, there are a few more trading styles but those two types build the foundation for most trading styles.
Day-trading describes a trading style where the trader actively trades for several hours, usually on the lower time-frames and makes several trades in a day.
Swing-trading is the opposite, where the trader follows the higher time-frames, only has a few trades every week or month, rarely more than one a day and does not sit in front of the charts for several hours at a time.
The table below shows the differences between the two trading styles with regards to different characteristics and emotional concepts.
Day-trading describes a trading style where the trader actively trades for several hours, usually on the lower time-frames and makes several trades in a day.
Swing-trading is the opposite, where the trader follows the higher time-frames, only has a few trades every week or month, rarely more than one a day and does not sit in front of the charts for several hours at a time.
The table below shows the differences between the two trading styles with regards to different characteristics and emotional concepts.
Source: Extracted from http://www.tradeciety.com/
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