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I disagree. Day Trading may be stressful at times, but if you're only getting a few pips you're using a bad strategy and approach.
Frankly, I believe Day Trading is less risky than buy and hold simply because if you're just looking at the price once, or even a couple, times a day, your buy and hold mentality not only forces you to lose out on gains with swings, but opens you up to more losses.
Day trading with stops and support and resistance levels in mind will lead you to greater success in my experience.
