Professional day traders that make their money swing trading involves a much longer period of time. A swing trader uses fundamental or technical analysis but stays in trades over a few days or even weeks. To compare the differences between a scalper or intraday trader, a swing trader may be in a position for a few days or weeks whereas an intraday trader never holds a position overnight.
This swing trader term infers that someone plays the swings in the stock market rather than the quicker movements.
There are also much longer term day traders called position traders which hold trades for several weeks or even months. We won't highlight these kinds of traders on today's post.
