Long Term vs Short Term Trading
The meaning of these terms have changed with faster computers and split second executions. Believe it or not but, some traders consider 1 day as long term trading. While others consider 60 minutes as long term trading.
In the past holding a stock for less than a year was considered short term trading.
Here at StockPicksForProfit long term trading is two weeks to one month and short term trading is less than two weeks.
Our ultimate goal is weekly profits.