have been thinking what approach is better?
Intraday Pros:
-No overnight risk
-More opportunities daily
-Less exposure to random news events
-Tighter stops usually
Intraday Cons:
-Have to stare at screens all day
-Transaction fees add up fast
-Easy to overtrade when bored
-Decision fatigue is REAL
Now for swing trading...
Swing Pros:
-More chill imho, check charts a few times daily
-Catches bigger moves
-Less noise, more trend focus
Swing Cons:
-Overnight gaps can cause lots of damage
-Holding through news is stressful
-Fewer setups so patience required
-swap costs if there...gotta manage
What do you trade and why? Anyone here do both? How do you decide which setup to take?
Intraday Pros:
-No overnight risk
-More opportunities daily
-Less exposure to random news events
-Tighter stops usually
Intraday Cons:
-Have to stare at screens all day
-Transaction fees add up fast
-Easy to overtrade when bored
-Decision fatigue is REAL
Now for swing trading...
Swing Pros:
-More chill imho, check charts a few times daily
-Catches bigger moves
-Less noise, more trend focus
Swing Cons:
-Overnight gaps can cause lots of damage
-Holding through news is stressful
-Fewer setups so patience required
-swap costs if there...gotta manage
What do you trade and why? Anyone here do both? How do you decide which setup to take?