Tape Reading | Day Trading Swing Trading Differences
In today's episode of Stocks for Breakfast we review the key differences between day trading and swing trading, and how to read the tape.
We discuss important levels to consider when making trading decisions and how to differentiate those levels if you plan to hold the trade for one hour or one month.
We review AAPL stock and TSLA stock to demonstrate my tape reading method and how to identify obvious trades.
A key part of this trading lesson is "significant reference points." Knowing when to trade with conviction and when to do nothing.