Swing or intraday trading - it actually depends not only on your personality but on the type of instrument you are trading. There are asset classes that are purely long-term oriented such as some stocks, bonds or futures, for example where liquidity is low and people make money holding a position for days or even weeks. Very important for swing traders is the swap - that's for sure.
Well, I assume we are referring soley to Forex in this discussion. But in any case I see no real objective arguement for one style over the other. As has been mentioned in previous posts, it depends on your own personal goals and time allowances. For those of us 'lucky' enough to be able to sit in front of the charts all day, the very lowest time frames of M1 and M5 offer exactly the same trading opportunities as the higher time frames of H4 and above. Some people say the higher time frame charts are more reliable, steadier etc. But show me a daily chart that 'makes sense' and I'll show you one that doesn't, and vice versa with regards a M1 chart. They work exactly the same way and respond exactly the same one to indicators. It's about personal preference and nothing more.
Trading is like a long journey and it is natural for every trader to try different styles of trading: Day trading, Scalping, Swing trading ... and in the end stay and stick to the way where feels comfortable and makes money.
BaldoN posted: Trading is like a long journey and it is natural for every trader to try different styles of trading: Day trading, Scalping, Swing trading ... and in the end stay and stick to the way where feels comfortable and makes money.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
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