i would agree if you would give here the correct definition of the trend you wont... how do i know that? because if you would then would not be asking just above where to exit from the buy and hold... that's why there is no risk control what is strategy worth without risk control? you know the answer
Investors tend to hold on, maybe bury their heads in the sand and manage to get through the drawdowns. Traders tend to capitulate at the wrong time.
Would be traders lose. Trading is a specialized skill requiring more time and commitment than most are willing or able to put it. A competent and disciplined trader makes money.
its the same thing investors will also capitulate at the wrong time neither "traders" nor investors" know what they doing for traders the end of trading life is shortened because of the time period traded
Never understood the logic of waiting all that time, sitting on huge gains and letting most of it be eaten back by the stockmarket because there is no exit strategy! More like, buy and hope you have monies left at the end!
Thank you. This is far different from the 90%-99% statistics. Even if the # are optimistic due to the bull market, still it is not hopeless and give us hope.
I visited this website too. I think they based it mainly on the Taiwan study which may be different from the US due to their casino mentality as outline in your summary.
Because trading/investing is a probability game. If you buy and hold for long term, the odds are in your favor. After 30-40 yrs, even if/when you have to withdrawal, the market hit another 2008, you probability will be ahead.