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Indeed, I really don't understand why people buy and hold unless their retirement plan forces them to. I've been using this same algorithm since 2004, how about
by sabujp 5y ago
Indeed, I really don't understand why people buy and hold unless their retirement plan forces them to. I've been using this same algorithm since 2004, how about you?
- rthomas6 5y agoWhat percentage gain did you see since 2004?
- sabujp 5y agoat least 15-30% per year
- NicoJuicy 5y agoI've been doing stock without ta and got 100% / year. While I only started in 2017 ( and crypto got me 3 years worth of doubling in 6 months). I wouldn't change my strategy for 1/3rd and watching daily. I also get out when I think it's the wrong moment. Eg. I only vested 30% now ( at least until end of December). And no, i don't do crypto anymore, got out at 18 k around end of 2017.
- bryanlarsen 5y agoWhy are you bragging about your strategy then? The headline says that you could have got about 2-4x your return by buying and holding TQQQ.
- sabujp 5y agobuying and holding TQQQ requires some intestinal fortitude I don't have, I'd rather take a few days worth of an upswing and be happy with that. Trading is all about risk management