Quick Definitions
Intraday (day trading)
Positions are typically opened and closed within the same session. Focus is on shorter timeframes, liquidity and session behaviour. Overnight gap risk is avoided by closing before the day ends—though that also means missing overnight moves.
Swing trading
Positions may be held for days or weeks, aiming to capture a “swing” in the trend or range. Charts lean on higher timeframes. Overnight and weekend risk become part of the design.