Traders who only rely on day trading to generate income often struggle to stay consistent. This is largely due to the rise of sophisticated trading algorithms, which execute trades with speed and precision beyond human capability, making it hard for individuals to compete. While occasional opportunities arise, day trading demands constant attention, with traders glued to screens, chasing fleeting moments.
For those seeking consistent income, swing trading offers a more sustainable path. Swing traders use technical and fundamental analysis, and hold positions for days or weeks, allowing market fluctuations to work in their favor without constant monitoring. By combining a longer time horizon with a broader analysis toolkit, swing trading reduces pressure and offers more opportunities for consistent profits.