Day Trading or Trade on multi month cycles or Investing

Sometimes, I just wonder which is better....

I have seen people in my age group day trading (contra) successfully, making a few grands a month.

I have seen people in my age group trading on positions and multi month market cycles.

I have seen people in my age group doing FA investing.

STI Updates

Market went bullish today on a expected technical rebound. The MACD Histogram +ve divergence did warn of an impending rebound upwards. The gap made few days ago is also now fully covered.

STI Update - Technical Rebound coming?

As mentioned earlier in STI Elliott Wave Count --- wave 2 or wave 4?, it seems very clear now that it was wave iv, and wave v has already commenced, perhaps already ended.

Of Opportunity Funds And Emergency Funds

Ever since I was sorely disappointed in March 09 when I see such bargain prices for stocks, yet I do not have the funds to continue loading, I understood the importance of Opportunity Funds. Opportunity funds are a necessity for averaging down, averaging up.... i.e. increasing your position in a security.... I didn't have any more opportunity funds in Mar 09 as I was just starting out at work, and placed my monies too early into the market, into SPH, CoscoCorp, etc.

As for now, I have $9k in opportunity funds from my active income sources. More should come by March to May (if I have not seen any value or reason for entering) from my different income sources, i.e. full time job, tuition, dividends from CapitaComm, Starhill, Starhub, CitySpring, GRP.