YES...it is a strategy..it is called buy and hold. And it is what every investor does. When you get to the realization how much better it is to trade without stops, then you'll start killing it..happy trading!
Buy and hold is the longest-term view. I'm not a buy and hold trader though, so I'm not recommending that anyways.
Stops are self-fulfilling....you put stops in the market, then expect them to get filled...cuz the market will do what it is supposed to, and then is fill every order it can. Incurring losses accordingly.
YES...it is a strategy..it is called buy and hold. And it is what every investor does. When you get to the realization how much better it is to trade without stops, then you'll start killing it..happy trading!
If "buy and hold" works now, it's not sure that tomorrow will do it also. I need a long-term view, cause we have to be adjustable to the market.
Buy and hold is the longest-term view. I'm not a buy and hold trader though, so I'm not recommending that anyways.
Stops are self-fulfilling....you put stops in the market, then expect them to get filled...cuz the market will do what it is supposed to, and then is fill every order it can. Incurring losses accordingly.
Thank you!
Just my opinion though! Thanks for the chat!