I am doing a mixture of daily trading and hodling. So, I "know" in the long run I will (hopefully) have some nice profits but I am not forced to make daily trading every day. If you would focus only on day trading then you might run into the problem that you have to do something everyday even if the situation is really bad. But it is better to have the freedom to skip daily trading for some days.
Hi, I just want to know if you say day trading, is it morning in US or evening? Just a bit confuse. First time trader here.
Sorry to say but it is proper for you guys to be making use of google once in a while. If you had just typed daytrading on google, it would have given you explicit information than what you would have gotten here. However, to help your condition, it is a term used when you refer to buying and selling of a security or asset within a single trading day.
More like staying glues to your system and trying not to miss the slightest chance of profit no matter how little. It is more like the opposite of holding for a long term hopefully for more profit. I hope that helps you and if it doesn't, it isn't my business as you can gladly ask google.