Let’s break down the differences between day traders and swing traders, so you can decide which style of trading is better for you…
Holding Time
The holding time for a day trader is less than 6.5 hours because there are less than 6.5 hours in a trading day. You can possibly hold stock for 7 hours if you trade premarket or aftermarket, but typically you’ll hold less than 6.5 hours.
The holding time for a swing trader, on the other hand, is anywhere from 2 days to 2 months. It’s typically longer than one day.
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Posted at: https://tradersfly.com/blog/swing-vs-day-trading/
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