In the forex market, swing trading and day trading are two popular trading styles while some see them as strategies.
Many people think that one is more profitable than the other, but the truth is that it depends on a number of factors.
Swing trading is a type of trading that involves holding a position for a period of time, usually a few days to a few weeks, and then selling it. Swing traders generally trade using technical analysis and look for trends in the market.
Day trading, on the other hand, is a type of trading that involves holding a position for a very short period of time, usually just a few minutes to a few hours, and then selling it. Day traders generally trade using fundamental analysis and news.
See also Swing Trading Vs Day Trading- Which Is More Profitable?
Were you satisfied with this answer? Do you have more unanswered questions? feel free to ask and get speedy answers.
Hit the subscribe button to get updates on new topics, Invite friends for more discussion on forex trading styles, and don’t forget to share the answer if you find it helpful.
