... Is shorter-term trading inferior to value investing mainly because it is not as scalable as value investing? ...
No!
... Is shorter-term trading inferior to value investing mainly because it is not as scalable as value investing? ...
There are all kind of traders, function account size, of who's money they're trading, of their understanding of markets' working, etc.. There isn't a "one size fits all'. What you called "savvy traders" are those who make money from commissions ...The more savvy traders these days diversify through various holding frequencies and across many domestic & foreign trading instruments. This goes contrary to the group think - the one trick pony's parroting the trading techniques that don't stand the test of time.
For example when the market has been at 5 year lows after the crowd pukes out, and a base emerges, they adapt with the changing market conditions into value investing with a portion of their capital and will still trade shorter and intermediate time frames as the new bull market plays out.
ent.
Care to expand? There are plenty of non-MM players that have strategies across the time-frame spectrum as well as across a range of instruments. That does not mean they collect commissions.What you called "savvy traders" are those who make money from commissions ...
...And when you started from ground up, no one can slip a fast one on you.
Hope all have a Better New Year.
