The first mistake you amke imo is not th fact you didnt head to the oldies, its investing like the oldies did.
Investing long term is so 1970/80/90's and some 2000
The trick is to learn the art of daytrading along with mid term holds.
As you agreed, the high frequent trading means long term holds are just ridiculously inept (imo).
Long term I wouldnt buy anything on the asx.
From a friendly 30 something to another.
BTW...you havent made 3.5% of anything if you haven't sold and realised the profit.
young investors, page-29
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