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Long term investing means buy and hold. And hold and hold and hold. A system that does that for you would not really be a trading bot per se, it would just be
by wavemode 2y ago
Long term investing means buy and hold. And hold and hold and hold.
A system that does that for you would not really be a trading bot per se, it would just be a general algorithm for "picking stocks". Automating the actual purchasing is probably unnecessary.
If you find one, let us know! Most investors in the world are searching for the such a thing.
- chii 2y agoAnd the easiest of such algorithms - ala, just buy a bit of everything - seems to be the winner imho. AKA, indexc investing.
- stouset 2y agoAnd luckily, this involves roughly zero time and effort. And carries little to no risk of fucking it up enough that you lose everything (see: margin, selling short, day trading, crypto).