I believe in supply and demand, one day oil might get to $300 a barrel and sea will be looking pretty good for alternative. Some of them are under water. The oceans are so polluted, who would eat the fish out of it now? Japan still spewing radiation out of broken nuclear plant. Does anyone believe radiation is not hurting the fish? https://www.japantimes.co.jp/news/2...still-flowing-ocean-study-finds/#.XQrOI0pFz_s
Deflection. Someone start a new thread on this. It is turning into an inadvertent thread hijack. I'll take the blame for it this time. Sorry all, sorry. See above-referenced Ghostbuster video analogy on "sorry."
Selection between intraday and long term depends on what level of trader you are. For beginners, intraday can be a tough option as it requires a lot of research and technical analysis. Intraday is extremely volatile for someone who has just begun with trading. So first just try your hand on short term and long term tradings and gradually shift to intraday. For someone, who has good practice with trading and wants to invest and sit back and notice the markets for sometime now, long term trading is any day better.
Intraday trading is recommended for regular experienced traders than beginners since traders focus on making money from minute changes in prices. Markets are highly volatile and so beginners should rather sit back and spend time and effort on understanding and analysing market trends than trade intraday to avoid losses in an early stage. Beginners can invest in long/medium term less risky securities. Also, your ultimate goal will determine whether you should go for long term investing or intraday trading. If you are aiming for regular income you should opt for intraday trading and if you are aiming for wealth generation you can invest in medium/long term securities.
If your reasonably sure of the direction of the trend why not place the longer trade and then make your shorter trades with that same bias....or even better if you are a good trader go against the longer trade as it will act like a hedge. es