As long as you are making profit I think you are doing a good job, if you paying more attention to the market and the chart maybe you can maximize your profit, and after you gained more experience you will know when is the right time to sell, short term trading only can make small profit, but I think as long as it makes profit, it is a success trade
We all know that day trading produces profit in small amounts but quickly. It is good for those who are impatient and want results immediately. Besides day trading is so far the most effective method of learning trading and earning experience in this regard. The moment trader gains enough experience, he/she automatically shifts to long term trading.
Yes what you have said is absolutely correct. I had heard somewhere that we should look at the small profits and collect them rather than waiting for huge profits and thats why i trade on short term. And yes it does gives us experience and i have learnt alot form these experiences and try to not repeat them.
My aim is to ride the short term waves while holding it for long term.