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#497 - Given The Choice: Swing Trade OR Day Trade?

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Synopsis

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be going over a question that again, was submitted on our Facebook group and the question was basically directed at me and said, “Given the choice, Kirk, what would you rather do? Swing trade or day trade?” The default answer to me is 100% swing trade. I tried day trading initially when I started over 10 years ago, thought I knew what I was going to do, thought I could day trade and I had good days and I had really bad days and ultimately, what I determined is that day trading is much more of a grind than I ever wanted to do with options trading. And so, I learned quickly that even though I could have a good system in place and I could potentially read the charts or read the market well or decently well enough to make trades, it was just never profitable for me. It was a lot of turn, a lot of in and out of trades, high commissions and it’s not something that I would necessarily suggest for most pe