What if you trade every other day, are you a gay(bi) daily trader?

Traders are looking for fast small returns. Investors are looking for large secure returns over time. It's safe to call the people looking for small rapid returns day traders. Day traders watch the market daily but may not initiate a trade unless the market is favorable and that may not be daily.

It's all moot. He wanted to do day trading (suggesting it's reliable) and I advised against all forms of speculation (day trading is a form of speculation) and instead to invest, which is far more reliable.

If he has an edge (if) that allows him to sustainably gain purchasing power over time, then I don't see why he shouldn't trade. Buy and hold is risky too because you expose yourself to 100%. Successful trading will decrease your risk even though it's hard to outperform buy and hold for Bitcoin for profit, but this profit comes at a cost.

Most here haven't experienced the 2011 bear market where price went from 32 to 2. Risk management has its uses.

I don't think Bitcoin is moving quickly at all currently, and the volumes seem dreadfully low to me even if you factor in Bitstamp. Certainly compared to the bubble and its aftermath, we are in a lull. My guess is we can in part thank MtGox for it because it's holding most of the Bitcoin allocated speculative money hostage.

By the way, if this abysmally low volume continues for more weekdays, it may be attributable to the loss of Silk Road. It's only natural it would account for a lot of liquidity (especially in the smaller trades).

I believe the only one with an edge is the exchange. But if someone can actually have an edge then it's just like playing poker and can be profitable. 

WTF?

Ok so whats the plan? Do we all panic, and in what direction? plz advise