It all depends on your personality, and how much time you have on your hands.
Some people are really fond of scalping. Scalping involves buying lows and selling highs, each time it hits them. This requires a lot of energy and is what pit traders are experts at. They spend all day pouring over orderbooks, indicators, news feeds, 1min charts, etc. Extreme sports psychologists love to study these guys because their brains burn nearly the same amount of glucose as the extreme sports players.
Personally I'm a longer term trader, some positions even going on for weeks. But if I see a good opportunity that I'm confident about, I'll ride that wave and scalp a few positions. It's much riskier though and I need a good reason to do this.