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It usually focus on a short-term price movement while swing traders look for larger moves. As a result, day traders execute trades many times a day and close out trades before the market closes.
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on the other hand, don't execute trades many times within a day. They can hold positions for several days and sometimes weeks. Swing traders are somewhere between day traders and those who hold positions for months or even years.
In addition, day traders are expected to keep a watch on their positions. They spend long hours monitoring trading charts, looking for trade entry and exit positions. A practice that some may find stressful and time-consuming. In contrast, swing traders do not frequently need to watch their trade. This, therefore, allows them to get involved in other activities.
But Yeah Holding a position for an extended period, as in the case of swing traders, makes the trade susceptible to market gaps and unexpected price swings, which could go against your trades' success.
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