Does anybody here have experience in all 3 with at least 5 years total experience? If you take into account capital gains taxes, how much better returns could day or swing trading produce as opposed to investing over 1 year. I'm not interested in the opinion of people that only do one and have not done the others because your opinion is biased. I am 29 years old. I day traded when I was 21 (knew nothing) for about 1-2 years and lost about 20-30%. I then invested for about 1-2 years for about + 5-10% return. I then tried swing trading for about 1-2 years for about 15% return. I am now investing + selling options and trading option spreads. I have only been doing this new style for about 6 months but i like what I am doing. The variance seems low for the returns I am seeing. I would like to hear from people with experience like me. What style of trading produces the best returns over a long period of time. Please take into account capital gains taxes you pay from short term trading.