Absolutely or it wouldn't be worth the stress. Read an...

Absolutely or it wouldn't be worth the stress. Read an interesting part of a discussion on here a few days ago which sums it up for me. The share price today is the same as it was in Mar 17, Dec 16 & Jun 16. That's 15mths flat if you sat. In that time there has been two large sell-offs and two large rally's to take advantage of if you can get the timing. Easily enough to double your money if you made the right moves. And to lose heaps if you didn't.

It's not everyone's cup of tea but if it intrigues you, just try it with a very small portion of your capital that you can afford to lose, then halve it. Then with that portion sell at the tops and buy back in at the bottoms. If you get some early success, don't increase it, if anything squirrel away the profits, but just keep going small till your first run of mistakes. It's what you do or don't do and what you learn then that will give you a clearer picture if this is what you want to do.

Nothing wrong with buy and hold in a good company most times. It will beat a bad trader very day of the week.