Jerry, I'm curious. Do you carry any long term holdings? Or, do you daytrade your whole portfolio, staying mostly in cash over night, and your short term profits being the only return on your portfolio other than money market returns on uninvested capital.
I have always been curious about what successful daytraders do to manage their total portfolio. It would seem to me at some point the account would get too large to daytrade the whole thing. Certainly some traders would take a portion of their earnings and invest for the longer term whether it be in real estate or whatever. Jerry, do you have any long term thoughts along these lines?
TIA,