it depends on what works well or what works best for you.successful day traders will say it is intraday, while successful long term trader will say buy and hold is the key.
%% Good points; except in a good upTrending bull market buy Hi all the time. The very last trade .......[ turn point, bull into a bear......]may be a loser. But no such thing as a business without expences
Buy high?? You're better off waiting for a pullback and buying the dip. If you buy high and it retraces you get stopped out. Why take that risk? Trading's all about probability after all..
Stocks, in general, are quite safe IF you do your research. Anything you could possibly want to know about the company is available to you - management background, financials, laws/restrictions, competition, what they’re spending their money on and blah blah. The reason they’re good long term is the fact that you can earn dividends on top of any gains you make from stock price. Also, you rarely see a stock jump from $5 to $20 overnight but it could get there over the period of a few years. Therefore, they’re more longer term. FX is done on leverage so making decent gains in a few hours (or minutes) is entirely possible.