Just a piece of advice which might help from one new trader to another - although I have the enormous good fortune to be half of a team and my other half has thirty years investing in shares experience.
Anyway we have come out well ahead over the last few months and we have noticed that it is the short to medium term holds that have formed the basis of our profit. We hardly ever buy and sell in a day - it's easy to make money that way but it is easier to lose it.
Can I strongly recommend a few books - 'Getting Started in Technical Analysis', by Jack Schwager and Nisson's 'Japanese Candlestick Charting Techniques'and 'Beyond Candlesticks'.
I am not suggesting I have the complete answer - but after losing a small fortune last year we started swing trading in December and have not looked back. Much depends too on your trading capital - obviously swing trading takes a larger trading capital than day-trading.
