Long term trades

[anon46773462]

Long term trades are my best, I cannot sit at charts for too long because of my day job. So I trade on daily time frames, it is a [B]safe[/B] and much better method than to trade on lower time frames.

I can understand why you say “better” but why do you think trading daily TFs is “safe”?

[comstrader]

I learned last week Warren Buffett mentioned in the past that a purely fundamental trader should hold a position for no less than 5 years, else don`t do it.

I suppose he knows what he is talking about. Anyone agree or not?

I agree and disagree
I trade long term (years) and very short term.
The problem with long term trades is that there is no frequency. So there is not much compounding. Not really much profit as you cant risk as much on long term trades and you need a lot more capital to make it worthwhile.

Short term, is high frequency, fast compounding, higher risk, higher maintenance and very much more profitable. and of course you don’t need much money to start.

Short term, you need to do [U][B]a lot[/B][/U] more study then long term