V. 19:14 Oct (103-105): Product Review: FastTrack For The Web by David Penn
Product Description
Product Review: FastTrack For The Web by David Penn
Somewhere between market timing and buy and hold lies a universe of strategies all geared, more or less, toward the same thing: letting profits run and cutting losses short. In fact, the market timing versus buy and hold debate almost deteriorates into a simple question: What is more important — staying in the market to catch the big gains or getting out of the market to avoid the big losses? Your answer — if you were forced to choose one or the other — ordinarily would tell a great deal about whether you were an investor or a trader.
Somewhere between market timing and buy and hold lies a universe of strategies all geared, more or less, toward the same thing: letting profits run and cutting losses short. In fact, the market timing versus buy and hold debate almost deteriorates into a simple question: What is more important — staying in the market to catch the big gains or getting out of the market to avoid the big losses? Your answer — if you were forced to choose one or the other — ordinarily would tell a great deal about whether you were an investor or a trader.
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