4 ms·
That'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
by chroem- 7y ago
That'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.