Perhaps one the best perks to being an online trader is the convenience of being able to buy or sell with just the click of a mouse. The more the traders get educated they can decide if the want to swing trade or day trade. It seems that the main issue they are up against is timeframe. They need to decide if they like the longer term investing or the rapid fire trades. The day traders are groomed to do the instant desperation or the instant gratification which depends on the outcome of the transaction. The day trader can move around and watch different stocks in the same industry so he can take advantage of sudden swings in the market for profits. By using the technique you eliminate your exposure from holds. This can be a tiring task as you have to sit in front of your computer for hours on end. If you do frequent trading you run the risk of stacking up large bills for your trading fees. So it goes without says that for day traders, trading fast also means to trade smart. When a day trader has to leave the comfort of his or her computer you can be sure that they are still connected via cell phone or some other mobile device as they can get updates wired directly to them. Day traders are much like hunters in a sense much like the thrill of the hunt. They are driven by the rush of the excitement just as much as the profits from beating the other traders out on a winning score. The swing trader has it a bit different. They look for cycles and they always hope that they are in the right one to get the most profits. The swing traders use technical analysis when making their trading decisions. They may even use such things as options and the future. They increase their risks when they wait for the right moment. Part of their strategy is to wait out the fluctuations rather then move on the trends. They also do not have to pay as much in fees as they trade less often. There is also the long term swing strategy. This type of trader depends on the information that they get from the indexes coupled with the fundamental and technical analysis to make their trading decisions. The longer the time span is of weeks or even months can help the long term swing trader in giving him or her some protection against the quirks or blips in the market day which usually are not real trends. There are just some stocks that need time to level out, which the day traders may miss. The thing that the swing traders miss out on is the fast break day trading style. This can be recovered with some patience and perseverance. When the long term swing traders wins it is usually a big win which make it all worth while. When you go from the day trading to the swing trading it can be like cutting teeth. It moves slowly at first but it gives the trader time to learn the ropes and they can become an expert in one or more industries. The new long term swing traders can take the slower pace which is preferred as they have a chance to make good profits from the online trading.