Day trading is only good if you are that rich and have extra to...

Day trading is only good if you are that rich and have extra to play already, but to realize those potential gains means entering stocks where they are at their early stages and you can see a direction (good news flow). I've held quite a few stocks and it was actually the waiting on them after several months that you get to have the title of bagged as compared to a few pips from day trades which gave me some risks of losses in between.