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Haha....Let us all be profitable in this new "ox" year! Let us enjoy good health and relationships with family, relatives and friends as well! 
I remember Elf teaching us in one of her latest blog msg that for a full time trader, 4 trades a month is actually enough. That would be 2x buys and 2x sell. If one were to make a 5% for 1 sell, then the 2 sells would be 10% accumulative. 10% of say, eg $25000 is $2500. Actually, enough for a decent living (if dont have kids), having own autonomy, most importantly can spend quality time with people after market hours. Of course, must slog for a few (or many) years to accumulate the capital first. But i feel that this initial slogging is valuable because it builds emotional resilience and discipline, which are important traits for a trader.
You guys are right...successful traders dont trade excessively and hold lot of stocks at any one time.
This is a very good post with great insight.
A successful trader is one that makes targeted AND accurate trades. It isn't one that makes many trades. In fact, the more trades you make, the more you lose in terms of commission and spread.
Consider this:- The more number of times one makes investment decisions, the potential for making mistakes in any one investment decision increases. Excessive buying and selling may expose one to higher potential for making mistakes because the stock market is random in the short term (based on sentiments of buyers and sellers which changes constantly).