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RE: #INVESTMENT MENTOR - Spouse or One Night Stand?
Speaking some truth. I was a professional day trader for 5 years. I'm still in touch with a lot of my day trading friends. It is a dying profession. For all the "activity" the daily volatility is a joke and most of the moves are gaps on the open/closing price.
Only traders I know making money are swing trading. The buy and hold strategy is best for the regular investor. Like you quoted, find companies with upward growth.
Thanks a lot @scaredycatguide, I think we just share the same opinion on this despite you probably having a ways better insight into the market :)
Agreed and your insight was quite good as well.