4 ms·
Warren Buffett always said "...the best thing to do is buy a stock that you don't ever want to sell", but practically speaking the mean hold time for amateurs i
by Joel_Mckay 2y ago
Warren Buffett always said "...the best thing to do is buy a stock that you don't ever want to sell", but practically speaking the mean hold time for amateurs is around 2 to 4 months.
I just recall Navinder Singh Sarao "$1T Flash Crash" as a notable addition to a long list of algorithmic trading strategies going sideways ( https://marketrealist.com/who-is-navinder-singh-sarao-the-man-who-caused-the-2010-flash-crash/ https://marketrealist.com/who-is-navinder-singh-sarao-the-ma... .)
The stock market was built on information asymmetry, unfair positions, and ambitious gamblers... statistically it is rarely a reasonable investment for amateurs.
Good luck, =3