The 'buy and hold is better than trading' argument is a funny one.

Trading is NOT the same as long-term investing!

Let me put it like this...

You own a store and buy products to stock your shelves. You want to make money on the products so you sell them as quickly as you can at a higher price than you bought it for so you can pay bills.

But instead of selling the products, you let them sit on your shelf and collect dust because you are afraid of opening your store for business or you THINK you can get more for it next year.

Let me ask you then, what is that product really worth if it is covered in dust, in the box, and sitting on your shelf? Are you going to be able to sell it in a year? This is how you need to look at holding risky assets. If you have a grocery store, that can get pretty nasty pretty quick... Just saying...

Trading is a buy-sell business, PERIOD. You have to treat it like a business or you will never make money.