Question
Respond to the prompt above in a minimum of 175 words: The advantages of the 'buy-and-hold' strategy. The opposite side of this is a person
Respond to the prompt above in a minimum of 175 words: The advantages of the 'buy-and-hold' strategy. The opposite side of this is a person who makes their living as a 'day trader'. A day trader will buy and sell securities within hours or even minutes. They make their money on the increment (hopefully) in stock price within that short span of time. P/E ratios and other measurements do not mean much to a day trader's success. Knowing the difference between the buy and hold strategy and the day trader strategy, which is a better way to approach the market? Why?
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