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Non-Tech : Kirk's Market Thoughts
COHR 191.69+0.2%3:59 PM EST

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To: y2kate who wrote (17569)12/9/2023 4:26:06 PM
From: Elroy  Read Replies (2) of 26860
 
If you are actively managing positions, selling at tops and dip buying, you can still capture a lot of a long term trend, but that's not as easy as it looks.

Due to tax obligations on any profits it's probably next to impossible to trade in and out of a multi-bagger and do better than buy and hold. It is theoretically possible to pay taxes on each profitable trade, and then buy back in below your sale and resulting tax obligation, but unlikely.
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