=== SUMMARY ===
- The author recounts a negative experience with day trading, preferring longer-term holds (months to years).
- They ask the community about their due diligence process and time spent researching companies.
- Quality assessment: Noise; the post is a personal reflection and question, not a researched investment thesis.
=== SENTIMENT ===
NEUTRAL
=== TRADE IDEAS ===
No actionable trade ideas in this post.
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Hi everyone,
I’m fairly new to investing and today I decided to try day trading for the very first time. Safe to say, it will also be my last.
I picked a highly volatile stock (guess which one haha), and even though I only put in a small amount of money, I ended up glued to my screen the entire day. I got out at breakeven after 6 hours in the market and having seen +20% and -20% returns. Honestly I was just happy it was over.
Before this I had done a couple of trades around two weeks long and those turned out pretty well. But day trading is definitely not for me. I’ve realized I much prefer holding for a few months and long-term investing.
So here I am. How much time do you usually spend researching a company before you decide to buy their shares? What does your DD process look like?
Would love to hear your thoughts and routines.