Works both ways. I've day traded some so many times, that when they did make a move, I had already made 2-300% and all I had to do was buy 10-20 pts. higher and still got the ride.
For me, it depends on what time I want to put into it each day/week.
Sometimes I have other things to do, so I buy for a swing instead.
Have been holding THAR for a couple of months now. Feel like once it goes, it is good for $5-8 in the earlier stages.
A sure sign that the debate has been won:
When the response is an attack against the other person.