The experienced traders that I have come across have all been strictly against day trading. There are a few people who on this forum have spoken favorably though many have spoken against.
My expereience with swing trading has also been unfavorable because the mkt is under no compulsion to follow the rules of Technicals for a span of a few days where again anything can happen.
Position trading which is somewhat like investment seems to be the safest though there again one could still go wrong. Mkts are essentially unpreditable and anything can happen in any timeframe.
Individual temprament also matters a lot. There are no clear cut answers but I hope experienced traders contribute to this. How should a newcomer go around learning?. Its better if those who want to make it one thier own steam reply rather than recommend a newsletter.
My expereience with swing trading has also been unfavorable because the mkt is under no compulsion to follow the rules of Technicals for a span of a few days where again anything can happen.
Position trading which is somewhat like investment seems to be the safest though there again one could still go wrong. Mkts are essentially unpreditable and anything can happen in any timeframe.
Individual temprament also matters a lot. There are no clear cut answers but I hope experienced traders contribute to this. How should a newcomer go around learning?. Its better if those who want to make it one thier own steam reply rather than recommend a newsletter.