What I used to think are advantages as day trading:
1. No over night risks
2. Can set smaller stop-loss cushion
3. Intraday swing is my friend
What I tend to think after a year of observation:
1. Over night risk is not against you as long as you are trading with the trend.
2. Avoid emotion and can place multiple orders at multiple times.
3. Signals are smoother when swing trading, intraday signals seem to induce much noise. So not every swing comes signaled entry.
A few sites I often read:
www.afraidtotrade.com
www.stocktock.com
A couple of sites that can be useful:
www.stockcharts.com (Many indicators to choose from)
www.marketclub.com (Not many charting sites offer web-based futures charts, also their tradetriagle technology is also worth mentioning)
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