Day trading involves buying and selling securities within the same trading day, aiming to profit from short-term price fluctuations. It requires active monitoring and quick decision-making. Swing trading, on the other hand, involves holding assets for a few days to several weeks to capture short to medium-term price swings. It requires less active monitoring but still involves some analysis.
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Day trading vs Swing trading
Day trading involves buying and selling securities within the same trading day, aiming to profit from short-term price fluctuations. It requires active monitoring and quick decision-making. Swing trading, on the other hand, involves holding assets for a few days to several weeks to capture short to medium-term price swings. It requires less active monitoring but still involves some analysis.