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If you buy and hold during the last 2 years, how much would you make on average per year?
by dmos62 7y ago
If you buy and hold during the last 2 years, how much would you make on average per year?
- chroem- 7y agoThat's why they're average annual returns, and the idea is to hold for multiple years. The same could be said about people who bought stocks and real estate in 2007.
- dmos62 7y agoIf your solution to making a trade profitable is to hold it longer, then you don't have the right mentality for trading. What chances are of this (hypothetical, I presume) trade turning profitable? If you don't know, or if it's not much better than 50%, you're making a mistake. When actively trading, profitably is calculated a bit differently, but I presume we're talking about a one off trade.
- chroem- 7y agoMost active traders don't beat the market (any market), as they shouldn't provided that the EMH is true. I'm proposing a strategy of long term investing.