Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: TonyM who wrote (9604)	3/4/1999 9:48:00 AM
From: LastShadow	Read Replies (1) \| Respond to of 43080

Winners resolve themselves over a large range of times. Losers are obvious almost immediately. The % winners is very important for funds and longer term plays. Its not terribly important for short term IF you use an effective stop loss strategy (otherwise its disastrous). There is a large misconception that short term trading is more profitable than Position plays. It isn't for 95% of the people for a couple of reasons: 1) most tend to lose sight of larger market and specific sector and stock movements, and 2) they play with less capital on short moves. Making 15% on a 100 share buy of a $50 stock over a short period is $750. Making 15% on a $50k account in a month is $7500. The former you have to do 120 times a year against the latter's 12 times a year. Which do you think is more likely? Buy and hold mentality for funds is not as profitable as periodic movment to money markets during downturns. Buy and hold for stocks with more reasonable trailing stops is much more profitable. The recaps I've posted of stock price movements since last Oct 8, or Jan 1 , or any mid term time frame shows that. lastshadow