The alternative is short-term trading, but then you are constantly having to make entry/exit decisions, which I have found burns most traders out, sooner or later. The winning percentage may be quite high, but the big wins never materialize, and modest results are often the best that can be achieved--and after all that work!
Ah yes but nothing feels better than opening a position and having it move immediately in your direction without ever looking back! Very hard to do and never expected but when it does, ...that is perfection. Then you wish you had opened with a larger position!!!
You are doing a fantastic job here Rico! Keep up the great work. I think this is a valuable and much needed forum. This is where anyone who buys or sells paper assets should start.