I have been doing this for 40 years and I have defaulted to 90% buy and hold like Warren Buffet style as the big hedge funds control the trading games and we have no chance against them. I would only trade NM as it is cyclical (the charts show the DBI shipping cycles) and we might see a nice 2-3 month rally then a profit taking, DBI cycle slide reset. It might be a great long term hold for 5 years, but not sure the BDI is done seeing the nasty decay of an overbuilt fleet of ships going after less business with too many ships for now.