Day vs. Swing Traders ^
Day-traders: usually make a living through “scalping.” Small $10 - $50 dollar profits through many trades a day that add up to massive profits.
Swing-traders: usually plays over the course of a few trades per week with larger capital for more profits.
Each time-frame will have different MACD, RSI, and STOCH views.
If you’re day-trading, you’re using the 1 minute to 1 hour timeframes to trade.
If you’re a swing trader, you’re using anything longer than that.
If you’re a holder, who cares. Sell when price makes you happy.
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Blogs for my own knowledgebase and educational purposes only