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morpheustrading

Why Patience Pays When Holding Winning Stocks

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No Wonder money rich traders have held stocks and stakes for much much longer periods, now many of them are billionaires and multi-millionaires..

 

Well, I cannot yet claim to be a billionaire, but I will definitely say that longer holding periods are the way to go (at least for me).

 

Not only does it tend to increase my profits, but it greatly reduces my stress too, which is a huge benefit.

 

Just "set it and forget it" with regard to stops.

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Well if you are a fan of buy-and-hold strategy always remember that "market can stay irrational much longer than you can stay solvent";)

Its not something easy nowadays to play buy-and-hold strategy because economic growth becomes harder and harder..

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