Position, swing, day, other?
The most successful investor of all time warren buffet uses the buy and hold forever strategy. He picks stock that are of quality names like coke, gillete and so forth. waits till the price on the company is attractive and buys it. This strategy is also very advantagous tax wise too as any capital gains on stocks held less than a year are taxed at a regualar income rate. Long term capital gains are taxed at lower rates. Plus you are taxed on your capital gains when you sell your shares so if you are buying shares and selling them then buying new ones right away then you will have to use other sources of income to pay your taxes unless you are trading in an ira so I would not reccomend active trading unless you are doing so in an ira.
Long term investing is not gambling!
Warren buffet own his own company and you can invest in it berkshire hathaway ticker symbol brkb or brka
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