The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: changedmyname who wrote (49802)	6/8/1999 1:32:00 PM
From: AUrush	Read Replies (1) of 90042

I like your post Jason except for the buy and hold till it tanks later statement... Daytrading is not necessarily the best way to profit, actually buying and holding historically has proved to fare much better - not that I am advocating one over the other, as a matter of fact I do both for a hybrid approach - daytrading to release the intense desire to trade, and buy and hold to make GREAT $$$ and limit my Fed Tax to 20%...in the 39.6% bracket any daytrading automatically takes a 20% hit versus my long term holds... Cheers Gold

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