"If a trader is willing to give a large share of his time and energy to study of the markets and of technical considerations, and if he has proper ability and proper makeup, then it seems quite certain that he will make greater profits on the shorter time frame as opposed to position trading.

...Linda Raschke

"It doesn't matter how often you are right or wrong - it only matters how much you make when you are right versus how much you lose when you are wrong."

 ......George Soros

"There is a time to be long, a time to be short, and a time to go fishing."

... Jesse Livermore