In a market where each participant has different motivations, the only “right” trader is the one who is profiting.
There are a couple of things you don’t need to think too hard about because they really don’t affect your long-term success as a trader.
Although volatility must be compensated for by a trader when it comes to position sizing and distance to stop losses, it should not be treated as detrimental to an opportunity.
For both day traders and swing traders, profitable trading principles are the same, what changes are the time frame on which they operate and the distinct psychology required. There is no right or wrong way to trade, on all time frames there are lucrative investors, but let’s address the pros and cons of day trading vs swing trading.