I voted thumbs up because for most people that is sound advise. Personally, I day trade and could not see doing it any other way. To tie up my money for any length of time when it can be earning money on a daily basis makes little sense for me assuming one has an edge to day trading and can keep their emotions out of it - few can.
I made $62K in January, $75K in February, $70K in March and April over $100K thanks to the huge sell off and wholesale prices. I'm not sure which holding would have made me that kind of money. I would have to be a fortune teller to have picked the right stock.
I quit my career in sales management so I day trade now for a living. There are no capital gains taxes only income tax.