Key insights
- The author is struggling to choose between day trading and buy-and-hold strategies, citing mental health concerns related to the stress of day trading and regret from missed opportunities with buy-and-hold. The post explores the pros and cons of each approach, including the potential for steady gains versus increased anxiety. The author also considers dollar-cost averaging (DCA) as an alternative. This reflects retail investor sentiment and indecision amid market volatility, potentially leading to reduced trading volumes.
I keep flip flopping between a strategy of day trading Vs buying and holding. But I'm struggling to figure out what's best from both a mental health and financial perspective.
On one hand attentive day trading can provide steady gains in a way that buying and holding doesn't, but the amount of work required to do so, and the focus on minor shifts, increases daily anxiety and stress and impacts sleep, personally.
And so I go back to buying and holding, but take occasional peaks and the graphs and kick myself for missing out on some good buying/selling opportunities. So I go back to day trading.
Or maybe I should just DCA like most people.
What do others do?