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Good points...yes, my long-term investments are all 100% equity index funds. As you stated, being more "risky" with the longterm investments to maximize potential reward; albeit more risk.
Already some really great advice and answers to your opening post.
Here is my 2c too,
1. I do not know anyone who is successful in trading even on small scale by following calls/alerts from someone else.
I've been around enough, while not the most experienced I put lot of weight on above observation of mine as I actually come from one of the most crowded places on earth and very active on social media, I'm also silent observer of hundreds of groups (not overstating, in fact that number is really high, so much so that I'm using multiple phone numbers to make accounts on places like telegram and whatsapp myself, too make them easier to manage).
2. Why I mention above para is because my 2nd point, general observation on these groups is that they have honeymoon period of couple of months, lot of calls, lot of new joining, lot of publicity but after that there is string of losses that leaves very bloody aftermath.
I suspect most of these publicity posts are from paid sources. Because when shit hits the fan they are usually unscathed and hard to find.
3. As Bobwest has mentioned, and I feel its most overlooked fact in the trading. "Trading is extremely hard"
So, as you have mentioned yourself, you have no time to put in hard-rounds, I would suggest be very reluctant to enter the waters. If you feel its not wise to lose out on stock market, there are more simpler options like long term investments with forget you had it money.
Sometimes when you are too focused on benefits you tend to ignore the possible consequences when things go sideways.
