I have tried daytrading and swing trading. Basically it takes way too much time and energy not to mention cost of quote/execution etc. I have never been a buy/hold type guy - even since my broker days (1986-87) was a good period of getting anyone out of that outmoded thinking.... Little mentioned class of folks, money managers, asset switch professionals who use any and all tools to move money around and make a lot ! I read the book from Gerry Smith and kind of opened my eyes. I don't have the time the luxury and even the belief to sit at home thinking I can beat this market every day (i.e. daytrade) also any position in individual stocks takes too much research and time. Company's are getting very bad at disclosing finance data or even out right lie !!!! (check out NITE, TIBX and other horror stories). Bottom line I can't be doing this full time. Nor do I want or wish right now. Anyone here uses asset allocation on some amount and what is the required daily routine ??? Any feedback or ideas ?