It all depends on what the person wants to achieve, if he wants to follow the steps of the day-to-day market or if he wants to wait as long as it takes with his money in the market until he makes a profit. It is always essential to have the vision of being a market speculator or investor, it can even be both, having the necessary conviction of the appropriate financial culture to know how to wait for market reactions. A market speculator follows the line of least resistance, just like Jesse Livermore did, and wins either up or down the market, instead the investor is like Warren Buffet's vision, waiting as long as it takes to make a profit.