I usually tell people that position trading is how you build wealth and swing trading is for income.
But that is not true.
It's true that you don't have as many huge winners as you do with holding onto positions for a long time but swing trading has a hidden secret that skyrockets the profits.
Compounding is where you invest using your principle plus the profits on previous trades. And that dramatically increases the profit.
You see, with swing trading, you are basically compounding your money at a daily rate!!!
That is so powerful! Yes, each profitable trade is not as profitable as a position trade but you have so many more of them and you basically can cash out a trade daily. So the size of your positions get larger and larger. By the end of the year, your swing trades are large size and you are making hugh amounts of money.
I've put together a free video training revealing to you the entry rules of perhaps my most popular technique I teach! People love this technique! This video reveals the entry rules so you can start using it to make money right away.