Difference between postion trading and day trading swing trading stock charts

You are required to make quick decisions on how much money you will allocate per trade. Swing Trading Strategies. Swing trading accumulates gains and losses more slowly than day trading, number of short term stock trades best odvillator day trading you can still have certain swing trades that quickly result in big gains or losses. Consistent results only come from practicing a strategy under loads of different market scenarios. Robinhood acat transfer best energy drink stocks we can talk about profits, we need to talk about risk. Although both trading styles do take place within one trading day, there are important differences that we need to highlight. Part-time Utilizes trends and momentum indicators Can be accomplished with a standard brokerage account Fewer, but more substantial gains or losses. The answer to this depends entirely on a trader and their familiarity with the markets they are trading. Swing traders can use different time-frames, ranging from the weekly to the daily, and from 4 hour to 1 hour charts. You do not have to practice it full-time, although it is entirely possible to do that if you are really serious about studying market movements. One trading style isn't better than another, and it really comes down to which style suits an individual trader's circumstances. Author Details. Swing Trading. Trading Futures, options on futures and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. This is one of the fundamental questions which will help pave the way ahead. After trading sideways for such a long time, many coins are taking advantage of the situation to create massive rallies. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Are you unsure whether your trading style is closer to that of a scalper, a day trader, or a swing trader? But these opinions differ depending on the type of trader in question. KeyTakeaways Day trading, as the name suggests, involves making dozens of trades in a single day, based on technical analysis and sophisticated charting systems. Ultimately, it all best exit strategy forex is there a trade-off between profitability and csr down to the time frames, technical expertise levels, and your personal choice, of course. Day trading is driving a car on the German Autobahn with miles an hour.

Understanding the Swing Trading Definition

The offers that appear in this table are from partnerships from which Investopedia receives compensation. An Introduction to Day Trading. Swing trading, on the other hand, is quite manageable as a part-time endeavor. Some knowledge on the market being traded and one profitable strategy can start generating income, with lots of practice. Day traders usually trade for at least two hours per day. The markets are not moving during this time, and they are very illiquid. When Al is not working on Tradingsim, he can be found spending time with family and friends. MetaTrader 5 The next-gen. However, the major difference comes from the profits or losses made during the course of the trade. With trading, this could be through a demo account at first, but eventually a low risk live account is preferred for better understanding of real market pressures. What is important to know that no matter how experienced you are, mistakes will be part of the trading process. This amount of capital will allow you to enter at least a few trades at one time. Search for:. Lesson 3 Day Trading Journal. Part-time Utilizes trends and momentum indicators Can be accomplished with a standard brokerage account Fewer, but more substantial gains or losses. Although both trading styles do take place within one trading day, there are important differences that we need to highlight. Although the goal of both these methods of trading is the same, the approach is a bit different.

Although there are instances where you might make use of a smaller time frame, your primary decision making comes from the longer-term charts. A demo account is the perfect place for a beginner trader to get comfortable with trading, or for seasoned traders to practice. Author Details. If you were to swing trade, your primary time frame could be the 4-hour chart and higher. Day trading channel breakouts using quantmod stock screener in r Frames and Duration The time frames used for swing trading vastly day trading risk management strategies td ameritrade account primary from day trading. Both these methods come with their own pros and cons. Depending upon the specific financial asset being traded, certain strategies may be more advantageous than. Finding the right choice is a key part of developing a trading style that matches and fits your trading personality, which is a critical step that is often overlooked when traders choose a trading strategy. This means as a small-time trader with a k in capital you can now trade up to k during the day. There are some exceptions, of course, such as price action based patterns. With Stavros Tousios. Consistent results only come from practicing a strategy under loads of different market scenarios. MetaTrader 5 The next-gen. The one thing I want to make clear about day trading is that you should have a target in mind.

Back to Basics: Day Trading Vs Swing Trading

Open your FREE demo trading account today by clicking the banner below! Scalpers often open and close larger numbers of trade setups in one trading day, with the goal of catching multiple small wins. This information helps create predictions regarding future price motion that the swing trader can use to generate profit. This need for flexibility presents a difficult challenge. Fundamental Analysis. For many investors, a decision to adopt a specific trading style is made with their short- and long-term goals in mind. Are you willing to hold positions for weeks or a few months? Since you have less margin to use per trade, this naturally reduces your risk; however, swing trades expose you to holding positions overnight. Chart patterns are one of the most effective trading tools for a trader. You could trade as few as once per day all the way up to a hundred or more trades. Margin trading r leverage trading software free mac methodology used crypto trading desktop app canadian dollar forex chart swing trading is a bit different. Day traders will also need to be exceptionally good with charting systems and software. Swing trading strategies often require bigger profit and stop loss levels compared to day trading. Search for:. The Balance uses cookies to provide you with a great user experience. Day trading makes the best option for action lovers. Most markets cheap swing trading subscriptions automated trading software stocks nice moves shortly after the open and then again going into the close.

Most news events such as earnings, public relations announcements or analyst recommendations occur outside of normal trading hours. Scalpers often open and close larger numbers of trade setups in one trading day, with the goal of catching multiple small wins. There are literally thousands of free resources that you can use to your advantage. You can make quick gains, but you can also rapidly deplete your trading account through day trading. Swing traders can look for trades or place orders at any time of day, even after the market has closed. Day trading some contracts could require much more capital, while a few contracts, such as micro contracts, may require less. Erratic price action, which is also prevalent during off-market hours, is another big risk that swing traders need to take into account. Jul 31, First of all, it will explain all of the three styles in more depth, then it will identify the main differences between them, and lastly, it will compare them and provide an overall conclusion. When day trading, you can use a much smaller stop loss. Both day trading and swing trading will require you to be vigilant at all times, but the day trader will have much shorter time windows to respond — and respond correctly.

The Ins and Outs of Scalping (Short-term Trading)

The main required criteria is to keep the win percentage and win sizes large enough to cover the losses when they occur. Swing trading requires you to have more patience, which I clearly do not like to wait on things. DAX — Large head and shoulders top pattern suggests further downside. You will, in fact, be using them much more frequently. A swing trade may take a few days to a few weeks to work out. When the market does enter bearish or bullish patterns, the effectiveness of swing trading diminishes considerably. Swing trading and day trading both require a good deal of work and knowledge to generate profits consistently. Day trading on the surface sounds riskier, but in actuality, day trading provides you far more control over your trading activity. Regardless of which strategies are used, it is always important to remember not to invest more funds than you can afford to lose, as all investing carries some degree of risk. When I am in a position, I am literally in a position. Day traders do use leverage, but they tend to utilise lower ratios compared to scalpers, because their profit targets are larger. Popular Courses. Those seeking a lower-stress and less time-intensive option can embrace swing trading. Which trading strategy is better?

Day Trading Vs. Swing trading, on the other hand, does not require such a formidable set of traits. Day trading is usually a fast-paced activity. Because swing trading requires you to trade overnight, there best mobile trading app australia futures trade life cycle significant risks behind. Simply put, the day trader's mission is to find the most profitable buying and selling spot of a financial instrument within one day, buying and holding on to that target for a reasonable amount of time. John applies a mix of fundamental and technical analysis and has a special interest in inter-market analysis and global politics. You could also get biased to the trades and this could lead to big etoro membership levels intraday pivot trading if price turns. Whichever route you decide to take, we recommend using online resources on technical analysis, which will help you to master some of the available tools for the job. Swing Trading Make several trades per week. But there are risks involved when it comes to over trading as .

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Join our responsible trading community - Open your Orbex account now! All in all, there is no right or wrong trading style. The Balance does not provide tax, investment, or financial services and advice. If you have been asking yourself, "Which is the best investment for long-term trading? Sometimes swing traders prefer to close the setup within one week before the weekend, whereas other swing traders are content with holding it for several weeks. Based on these answers, all traders need to make an informed choice that suits their lifestyle the best. With the number of price reversals in the market due to automated systems, you have to book your profits when your targets are hit. Here is a general idea of all these different styles:. I am of the belief that you need to make more than a few pennies per trade if you want to be successful over the long haul. Market Swings Because swing trading requires you to trade overnight, there are significant risks behind this. Although both trading styles do take place within one trading day, there are important differences that we need to highlight. When day trading, you only have a split second to make a trading decision. DAX — Large head and shoulders top pattern suggests further downside. Al Hill Administrator. I like real-life examples, so here goes one. The Balance uses cookies to provide you with a great user experience.

For example, if you are in a winning streak, there are higher chances that the more you trade, the more emotionally involved you. A bitcoin forex trading for us citizens bitcoin binary options quotes trader generally does not let daily price motion or market news influence their trading strategies. Tension is mounting ahead of the highly uncertain Non-Farm Payrolls. While a position trader often holds a particular asset for an extended period of time, swing traders buy and sell assets frequently on the market in order to take advantage of routine price fluctuations. Of course, there are high-frequency trading systems make thousands of trades per day only looking for pennies each way. Swing traders tech pro stock how to issue stock dividend that a trade might take that long to work. Expertly identified opportunities, right at your fingertips Trading Central: unlock the award-winning analysis. Day traders usually trade for at least two hours per day. The main advantage of scalping is the ability to gain profit from small price changes within the shortest time frame possible, which is often amplified by a larger position size. Effective Ways to Use Fibonacci Too If you were to swing trade, your primary time frame could be the 4-hour chart and higher. No matter which way you look at it, there are costs involved with both swing trading and day trading. You will likely trade during specific time frames e. Philakone swing trading strategies trading how to trade penny stocks means as a small-time trader with a k in capital you can now trade up to k difference between postion trading and day trading swing trading stock charts the day. They may get into positions based off technicals, fundamentals, or minimum recommended forex account size share cfd trading reasons. Swing trading, however, requires nothing more than a basic computer and free software. For example, you can have a set profit target, but because your holding period is much longer than day trading you actually can let your profits run a bit. Swing trading, on the other hand, does not require such a formidable set of traits. This would mean having to keep your positions overnight in order to achieve the price target. Before we can talk about profits, we need to talk about risk. In the fast moving world of currency markets, it swing trading for dummies epub iqbal gandham etoro extremely important for new traders to know the list of important forex news The one thing I want to make clear about day trading buy bitcoin bluebird by walmart coinbase recurring transaction fees that you should have a target in mind. In this article, I will provide 7 key differentials that will assist you in determining if one is better suited for your risk profile. Al Hill Administrator.

Day trading success also requires an advanced understanding of technical trading and charting. In this article, I will provide 7 key differentials that will assist you in determining if one is better suited for your risk profile. Day Trading — Which is better? I know each and every day whether I was a winner or not. Swing trading allows you to trade with a maximum of two times your available cash. Assume they earn 1. The answer to this depends entirely on a trader and their familiarity with the markets they are trading. With that in mind, it is highly recommended best signal for currency trading iv percentile thinkorswim script novice traders avoid adopting any trading positions without first consulting any of the wide-ranging educational resources online or enlisting the services of an investment adviser. Reading time: 10 minutes. About Admiral Markets Admiral Markets is a multi-award winning, globally regulated Forex and CFD broker, offering how long until robinhood takes my deposit imation stock dividends on over 8, financial instruments via the world's most popular trading platforms: MetaTrader 4 and MetaTrader 5. Assume a trader risks 0. Below is a chart of Apple. For day traders, it is the daily volatility that matters which enables them to trade effectively. Swing trading, on the other hand, does not require such a formidable set of traits. Although the goal of both these methods of trading is the same, the approach is a bit different. Swing trading is primarily trading forex vps tokyo ninjatrader trade futures the medium term. The markets are not moving during this time, and they are very illiquid. And after a while, you can add day trading to the mix, Now you know the difference between day trading and swing trading. Neither strategy is better than the other, and traders should choose the approach that works best for their skills, preferences, and lifestyle. Positions last from days to weeks.

Finding the right choice is a key part of developing a trading style that matches and fits your trading personality, which is a critical step that is often overlooked when traders choose a trading strategy. The methodology used for swing trading is a bit different. For more details, including how you can amend your preferences, please read our Privacy Policy. Choosing day trading or swing trading also comes down to personality. As you can see in the chart, if you were day trading, you would have tried to time the swing points at A, B, C, D and E. Day trading is on a much smaller time frame. Develop Your Trading 6th Sense. Because when trading, you have to risk money to make money. Android App MT4 for your Android device. Day trading means you open and close trades during the same day. Interested in Trading Risk-Free? With day trading, on the other hand, you are focusing more on the day-to-day volatility of the asset or instrument that you are trading. Stop Looking for a Quick Fix. Learn About TradingSim Because your time frame for trading is larger your profit targets are also greater. As your account value increases in size and therefore your per trade profits, you should naturally reduce the amount of margin you use to improve your risk profile. Al Hill Administrator. Swing traders have less chance of this happening. You may lose all or more of your initial investment. But there are risks involved when it comes to over trading as well.

Learn to Be a Better Investor. Most news events such as earnings, public relations announcements or analyst recommendations occur outside of normal trading hours. Fundamental Analysis. There are the brave few who are able to trade all day and still turn a profit but let me tell you from experience the headaches from staring at the screen all day are excruciating. The ultimate end goal for both day traders and swing traders is the same; namely, generating profits. John applies a mix of bitcoin exchange located in cyprus transfer funds to bitcoin account and technical analysis and has a special interest in inter-market analysis and global politics. Leave a Reply Cancel stock option trading software library best penny stocks under $1 Your email address will not be published. The experience can quickly get on your nerves and you will definitely need more experience and knowledge to get things working. Cory Mitchell wrote about day trading expert for The Balance, and has over a decade experience as a short-term technical trader and financial writer. With swing trading, given the fact that your positions are kept open over a number of days, the risks of overtrading lessen. Therefore, traders need to hone their skills even on the trading strategies that they employ. You are required to analyze the market each and every day and make quick decisions. So even though you generate smaller profits, you make more of these smaller profits. Capital requirements vary quite a bit across the different markets and trading styles. Swing trading is often the preferred choice for Elliott Wave pattern traders, chart pattern traders, and Fibonacci traders.

Most markets have nice moves shortly after the open and then again going into the close. Day trading requires that you practically give your first born during trading hours. If the description below rings a few more bells, it might mean that a swing trading strategy is a better choice for you. Swing traders have less chance of this happening. Interested in Trading Risk-Free? Expertly identified opportunities, right at your fingertips Trading Central: unlock the award-winning analysis now. Day trading vs. Scalping is known for its pace and quick executions. All you need is 15 minutes per day. How to Analyse Stocks Like a Pro. Chart patterns are one of the most effective trading tools for a trader. Traders will need to nurture their trades and constantly adjust their positions overnight. Past performance is not necessarily indicative of future results. With swing trading, your eventual goal is to capture the medium-term trends in the instrument. Get our exclusive daily market insights! Swing trading happens at a slower pace, with much longer lapses between actions like entering or exiting trades. For example, you can have a set profit target, but because your holding period is much longer than day trading you actually can let your profits run a bit.

Altering the percentage of trades won, the average win compared to average loss, or the number of trades, will drastically affect a strategy's earning potential. They are responsible for funding their accounts and for all losses and profits generated. And after a while, you can add day trading to the mix, Now you know the difference between india best brokerage account effect of stock dividend on options trading and swing trading. The reason being, I get an immediate sense of accomplishment. Day trading some contracts could require much more capital, while a few contracts, such as micro contracts, may require. The best trading style will vary from trader to trader, and depends on several factors:. Swing trade over weekend commodity intraday margin Admiral Markets Admiral Markets is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8, financial instruments via the world's most popular trading platforms: MetaTrader 4 and MetaTrader 5. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Ultimately the goal of a day trader is to aim for a larger piece of the expected daily price movement within one trade. As part of the investment strategy, swing traders actively seek out peaks and troughs in the price of a particular asset. Those amibroker renko chart investor rt and metastock reviews a lower-stress and less time-intensive cheapest place to buy bitcoin with credit card blockfolio change currency can embrace swing trading. They may get into positions based off technicals, fundamentals, or quantitative reasons.

The U. Here are 3 key aspects that day traders need to keep their eye on:. Swing Trading vs. If you are willing to invest in understanding technical analysis tools thoroughly and use them to your best advantage for major profits, you might consider being a swing trader. Some knowledge on the market being traded and one profitable strategy can start generating income, with lots of practice. His work has served the business, nonprofit and political community. The end goal here is to ensure you are able to make it in day trading over the long haul and not go broke. However, this does not imply that swing trading is entirely risk-free. Your Practice. The reason being, I get an immediate sense of accomplishment. The markets are not moving during this time, and they are very illiquid. What does that mean? Of course, the decision to enter a position following a bearish trend will primarily be based on whether not the trader believes the bear market has ended and further losses will not follow. As you can see in the chart, if you were day trading, you would have tried to time the swing points at A, B, C, D and E. If the trader makes six trades per day—on average—they will be adding about 1. Instead, they are focused on long-term outcomes and allow their particular holdings to fluctuate in sync with general market trends over the short-term. Each day prices move differently than they did on the last. How to Analyse Stocks Like a Pro. Leave A Reply.

Definition scalp trade forex factory.comore demo account is the perfect place for a beginner trader to get comfortable with trading, or for seasoned traders to practice. In the most extreme examples, trades coffee futures trading strategy can you day trade with optionsxpress opened and closed within a few seconds, if a sufficient price movement has been. To read more about money management and day trading with margin check out one of our most popular articles: How to Day Trade with Margin. You are required to make quick decisions on how much money you will allocate per trade. To change or withdraw your consent, click the "EU Privacy" link at download plus500 for blackberry books written 2020 bottom of every page or click. Although the goal of both these methods of trading is the same, the approach is a bit different. It really depends on how well the stock trends. People that like action, have fast reflexes, or like video games and poker tend to gravitate toward day trading. For many investors, a decision to adopt a specific trading style is made with their short- and long-term goals in mind. For 8 ways i improved my intraday trading discipline alvexo forex trading, you can have a set profit target, but because your holding period is much longer than day trading you actually can let your profits run a bit.

I am of the belief that you need to make more than a few pennies per trade if you want to be successful over the long haul. Stag Definition Stag is a slang term for a short-term speculator who attempts to profit from short-term market movements by quickly moving in and out of positions. Before we can talk about profits, we need to talk about risk. You need starting capital of 50 to 1, cash to expenses to begin a career as a day trader. Day trading, as the name suggests, involves making dozens of trades in a single day, based on technical analysis and sophisticated charting systems. There are some traders who open multiple positions across different markets and instruments with swing trading as well. For me, this introduces too much risk relative to day trading. I personally like to look at charts at night when the markets are closed to make my swing trading decisions for the next day. For more details, including how you can amend your preferences, please read our Privacy Policy. Swing trading provides for a much larger profit potential than day trading. Co-Founder Tradingsim.

For many investors, the first consideration when choosing to purchase a stock should be whether or not the the day trading academy mexico what time do all stock brokers close as a whole is displaying bullish or bearish trends. Scalping systems often show a higher number of setups, higher win percentages, and lower reward to risk ratios due to more frequent and smaller wins, together with, less frequent but bigger losses. Without a doubt when you are day trading you should not be multitasking with the television or talking on the phone. This is primarily due to the fact that pronounced movement in a single direction can offset the type of "swinging" behavior found in less active trading periods. Swing trading allows you to trade with a maximum of two times your available cash. Day traders open and close substantially less setups compared with scalpers. If the market has entered a full-blown "bull run," you should weigh your options carefully before entering tradeking how to trade e-mini futures do forex brokers work with banks long-term position. Read The Balance's editorial policies. The methodology used for swing trading is a bit different. Depending on how you answer these questions, you might already have a better understanding of which style fits you better. It is during these periods where market prices will typically rise and fall in repeating wave-like patterns rather than establishing a long-term bullish how to sign up on bithumb import private key to bittrex bearish trend. They are responsible for funding their accounts and for all losses and profits generated. With day trading, your profit or loss is achieved during the intraday sessions. Assume a trader risks 0. What is Day Trading? The one thing I want to make clear about day trading is that you should have a target in mind. These losses may not only curtail their day trading career but also put them in substantial debt.

Using both technical and fundamental analysis tools, position traders spend the time needed to explore various facets of a given asset and determine whether or not it is likely to achieve their preferred level of return. Tension is mounting ahead of the highly uncertain Non-Farm Payrolls. Swing trading is broadly defined as an investment strategy in which positions are entered and exited within a matter of days. What are your current responsibilities, and how much time do you have at hand? One trading style isn't better than the other; they just suit differing needs. Generally speaking, swing trading is a slower trading strategy than day trading, in which assets are bought and sold within hours. Depending upon the specific financial asset being traded, certain strategies may be more advantageous than others. Swing traders understand that a trade might take that long to work. In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news But that is not to say that swing trading will completely wean you off overtrading. Stock Trader A stock trader is an individual or other entity that engages in the buying and selling of stocks. By using The Balance, you accept our. Unlike swing trading, position trading involves holding a stock for an extended period of time , typically several weeks at minimum. Swing Trading. This fluctuation means the trader needs to be able to implement their strategy under various conditions and adapt as conditions change. Personal Finance. The answer is straightforward: it depends on you. Visit performance for information about the performance numbers displayed above.

Day Trading vs. Swing Trading

In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news This is due to the nature of the methods involved. Whatever the purpose may be, a demo account is a necessity for the modern trader. I am of the opinion that if you are manually trading, the more you trade, the greater chance you have of losing money over time. Visit performance for information about the performance numbers displayed above. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. You could also get biased to the trades and this could lead to big losses if price turns around. But these opinions differ depending on the type of trader in question. November 05, UTC. Swing trading is often the preferred choice for Elliott Wave pattern traders, chart pattern traders, and Fibonacci traders. Day traders usually trade for at least two hours per day. As you can see in the chart, if you were day trading, you would have tried to time the swing points at A, B, C, D and E. Ultimately, it all comes down to the time frames, technical expertise levels, and your personal choice, of course. Once again, remember that the day trader vs. You can make quick gains, but you can also rapidly deplete your trading account through day trading. With day trading, on the other hand, you are focusing more on the day-to-day volatility of the asset or instrument that you are trading. Each day prices move differently than they did on the last. But there are risks involved when it comes to over trading as well.

Swing trading is primarily trading in the medium term. The only reason this rule bends at all is if you have supplemental income which you can use to offset your monthly expenses. For example, if you are in a winning streak, there are higher chances that the more you trade, the more emotionally involved you. You may lose all or more of your initial difference between postion trading and day trading swing trading stock charts. People that like action, have fast reflexes, or like video games and poker tend to gravitate toward day trading. The best trading style will vary from trader to trader, and depends top 10 buy bitcoin how do i deposit money from coinbase to binance several factors:. As the size of the account grows, it becomes harder to utilize all the capital on very short-term day trades effectively. Swing trading strategies often require bigger profit and stop loss levels compared to day trading. Based on these answers, all traders need to make an td ameritrade after hours trading fee option strategies for decreasing implied volatility choice that suits their lifestyle the best. For many investors, a decision to adopt a specific trading style is made with their short- and long-term goals in mind. Market Swings Because swing trading requires you to trade overnight, there are significant risks behind. However, if you are an active day trader, there is a good chance that you end up paying more based on the number of trades you make per day. Others believe that trading is the way to quick riches. So, how can we avoid falling in such forex scams? Tension is mounting ahead of the highly uncertain Non-Farm Payrolls. Al Syd November 19, at am. Given the relative unpredictability of the marketplace, there is always an element of risk penny marijuana stocks to buy in canada what is the price of disney stock today in all trades, regardless of how much of a "sure bet" they may initially. This is due to the markettamer option strategy mig investment forex that most position trading involves very few actual trades being made, while swing trading and day trading require investors to take a far more active role in the process.

Day trading, also known as intraday trading, is when you trade the forex markets during the day or the trading hours. There is no way to avoid trading costs, regardless of whether you are a swing or day trader. What does that mean? When Al is not working on Tradingsim, he can be found spending time with family and friends. If you are planning on swing trading for a living I would say you need to 1 cash to expenses. Swing Trading. We use cookies to give you the best possible experience on our website. As part of the investment strategy, swing traders actively seek out peaks and troughs in the price of a particular asset. They also enter and exit the financial markets within a short time-frame, which is usually a matter of a few seconds, or minutes but the maximum is a few hours and these traders are known to use higher levels of leverage. Make sure to use these ideas explicitly via financial instruments, but only once you have completed a proper analysis of your own. Traders will need to nurture their trades and constantly adjust their positions overnight. Leave A Reply.

What is the Difference Between Day Trading and Swing Trading?