Have you ever felt like day trading feels too complicated, very high stress, and/or you just don’t want to spend all day looking at the chart?
Maybe you’ve considered swing trading over day trading. Or maybe you’re wondering if swing trading is easier than day trading.
In this short article we’re going to cover 3 reasons why swing trading is easier than day trading, and why it’s safer.
A big reason why swing trading is easier than day trading is because you don’t have to spend a lot of times looking at intraday movement.
Swing trading is about holding positions for days, weeks, months, or even years without the pressure of short-term fluctuations.
Due to the nature of the swing trading, it requires less time monitoring charts, and allows you for a more flexible schedule.
Day trading on the other hand requires quick decisions, and it’s more time-sensitive.
Another big reason why swing trading is easier than day trading is because the technical analysis is much simpler.
You look at bigger timeframes, and can use lagging indicators to help you make decisions.
On the other hand, day trading requires a lot more technical analysis on different timeframes, and understanding of demand and supply zones.
Another popular reason why swing trading is easier than day trading is because low amount of stress. Trading in general can be very stressful as you risk more capital, and day trading can really increase the level of stress because it’s based on quick decision making.
Swing trading makes this easier because you can buy shares, and hold for longer period of time, or buy more option contracts with more than a month expiration, helping you fight against theta.
Typically day trading is safer than swing trading because you’re not risking your capital overnight or the weekend.