Time horizon
Intraday traders aim to close risk within the session; swings may hold days to weeks. Your availability and stress tolerance should guide the choice.
Costs and noise
Shorter holding periods interact more frequently with spreads and commissions; swings absorb noise differently but face overnight and weekend gap risk where applicable.
Choosing a style
There is no universal winner—match horizon to edge, capital and lifestyle. Many traders blend approaches across separate accounts or strategies.