Actually active trading is what is the best. Active means short term. Short term means holding equites not more than two hours. Two hours believe me. I dnt care what portfolio or sing stock theory says, but my theory is when you look the stocks trend and but it and sell it as soon as the prices goes down. It has been my best strategy. Believe me, I had about 15 transactions last week, and I made money on all. I mean the lowest one was 12 bucks too. Mst of the stocks go way up after I sell it and I feel bad, by the end of the day, they would come to the same point n what i sold for or even down then I sold for. Then I feel good. Overall, dont be too greedy as Emintrader says but follow your instinct, dont follow others. Most people follow others thats why the market sentiments are there for and what dictates the prices at the end. This is not a Dow Theory but very practical Nepali theroy.