RE:RE:For the record: Investing vs TradingTo better understand my strategy; and to iterate and confirm
I share your same bias 70% of my equity holdings are in
longer term Hold where I take positions over multiple time frames
and then sit on it to materialize with goal of minimum 100% gain
within 12-18 months at which point I reduce my position by 25-50%
Allowing my profits to ride
I only trade about 30% of my account
I use “trading” to make more consistent day to day profits -
enough money to pay bills and maintain my current standard of living
is goal of my trading
my longer term investments like Score is to enable me the ability
to upgrade my lifestyle or purchase finer things in life I want.
Trading takes care of what I need and believe it or not creates
less volatility in my week to week networth