Support and Resistance Trading Forum

Re: Day-trading or Swing trading
By:Erich
Date: 12/2/2009, 3:03 am
In Response To: Day-trading or Swing trading (George Thompson)

Hi George, thanks for your question. It's a good one!

If you're a small trader, and you have the ability to watch the markets during the day, then day trade. The ezine/updates have evolved over the years. When it started is was strictly position trades; however people kept on requesting day trading information, so we added that. Unfortunately my schedule has been extreme the last couple of months which is why I haven't been able to keep up with the day trading classes, but I am working getting you something ASAP.

Regardless of whether you're day trading or position trading the strategies I use are the same. The only thing that differs is the time frame. The signals are the same.

I'll try to address it better in this weekend's lesson section.

Erich

PS. While I respect DD's opinion, I would have to disagree. There's big money to be had daytrading or holding position trades. I've met some very wealthy day traders. In a large part it depends on what works for you.

PPS. Are you still watching GoldCorp? I hear it made a pretty big leap today!

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