Trading in the Stock market, Cryptocurrency, Forex, Futures & Options, and commodities have become very common thing today. There are two famous trading choices between people are intraday trading and swing trading.
Day trading ( Intraday trading ) and Swing Trading have some differences among each other. But, Do you know, which is better from Intraday trading and Swing Trading?
Let’s do Day trading vs Swing trading and know the answer.
What is day trading ( Intraday trading )?
Day trading is basically a method of trading to trade securities. . Day trading ( Intraday trading ) means buying and selling of the securities have to complete in a single day.
Buying and selling shares on the same trading day in the market is called intraday trading. By investing money in the morning, you can earn well by the afternoon.
Here the share is bought but its purpose is not to invest but to earn profits by increasing it in one day.
What is Swing Trading?
Swing trading is basically a method of trading to trade securities. Swing trading means buying and selling securities at the right time and earn maximum profit in a short time.
Swing trading’s main purpose is to catch the big movement at right time and earn profit in a short time in securities over a period of few days or several weeks.
I personally recommend you do swing trading after analysis. However, It also contains risk. So, You should have knowledge about trading.