More people are abandoning “buy and hold” investing strategies in favor of day trading but Formula Capital’s James Altucher says that is a big mistake. Besides the difficulty in timing the markets correctly, day trading can lead to health problems such as insomnia and even suicide.
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If You’re a Day Trader, You Could Be Making a Big Mistake originally appeared on DailyFinance on Wed, 15 Dec 2010 18:01:00.