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Re: baronvonmadball post# 16930

Thursday, 06/14/2012 2:35:59 PM

Thursday, June 14, 2012 2:35:59 PM

Post# of 26138
In my opinion, it is not wise to hold any stock for the long term any longer. Especially this year. I've been a swing trader for many years now and switching from being a position trader to a swing trader has made a huge difference in my bottom line. I can't recommend position trading as an investment strategy today. If you chose to continue that strategy, then in my opinion, most of your investments will lose money. A few (of course) will succeed but, even with those investments you would have made more money in the log run by swing trading them than by holding them through the swings.

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