Hi all,
Would appreciate you could kindly provide your estimated holding period for your stock portfolio to date?
Purpose of survey
- enables one to be more conscious of frequency of buying vs selling of shares,
===> to establish the fact whether you are a genuine "Investor" or merely a Trader.
Thank you for your active participation.
This is difficult to answer. For example, an investor has 10 counters in his portfolio. He held 5 counters over 20 years. For the remaining other 5 counters, he kept trading in and out occasionally.
Maybe the question should be "What is the longest time you have held on to a particular stock?"
For me, it will be Starhub and CapitaMall Trust. I bought both counters at the same time in November 2009. I am still holding them now, over 4 years.
Have held challenger and starhub for over 4 years. I sometimes do short term trades too, example subscribe for ipo and dump on first day. So holding period can be anything from
One day to a few years. Generally i like to hold companies that pay constant dividends or have the ability to grow earnings consistently.
Typo error
- Last choice should be More than 6 YEARS
instead of Months.
(27-12-2013, 12:47 PM)candy188 Wrote: [ -> ]Hi all,
Would appreciate you could kindly provide your estimated holding period for your stock portfolio to date?
Purpose of survey
- enables one to be more conscious of frequency of buying vs selling of shares,
===> to establish the fact whether you are a genuine "Investor" or merely a Trader.
Thank you for your active participation.
About 4 years and I intend to hold it for more than 10 years....
(27-12-2013, 12:47 PM)candy188 Wrote: [ -> ]Hi all,
Would appreciate you could kindly provide your estimated holding period for your stock portfolio to date?
Purpose of survey
- enables one to be more conscious of frequency of buying vs selling of shares,
===> to establish the fact whether you are a genuine "Investor" or merely a Trader.
Thank you for your active participation.
very interesting - "merely a Trader".
Is a Trader a bad thing?
There is really nothing wrong if one elects to be a trader,though the financial reward won't be as humongous & Relaxing compared to an investor.
There are traders who are successful but need a strong emotional detachment. Dr Alexandra Elder sum up what are the qualities to be a successful traders.
"Trading for a Living" by Dr Alexandra Elder:
Trading is a MINUS-SUM game.
Winners receive less than what losers lose because the industry drains money from the market.
For example, roulette in a casino is a minus-sum game because the casino sweeps away 3 percent to 6 percent of all bets. This make roulette unwinnable in the long run. You and I can get into in a minus-sum game if we make the same $10 bet on the next 100-point move in the Dow but deal through brokers. When we settle, the loser is out $13 and the winner collects only $7, while two brokers smile all the way to the bank.
A trader must support his broker and the machinery of exchanges before he collects a dime.
Being simply “Better than Average” is NOT Good enough.
[Image: jArdR5L8OcG6o.png]
You have to be head and shoulders above the crowd to win a minus-sum game.
Why Trade?
Goal of a good trader is not to make money. His Goal is to TRADE WELL.
Why do intelligent and hardworking people fail in trading?
What separates winners from losers is neither intelligence nor secrets, and certainly not education.
Intelligent and hardworking people who have succeeded in their careers often feel drawn to trading.
A loser is not undercapitalized – his mind is UNDERDEVELOPED.
A loser can destroy a big account almost as quickly as a small one. He overtrades and his money management is sloppy. He takes risks that too big, whatever the size of his account. No matter how good his system is, a streak of bad trades is sure to put him out of business.
They expect to lose a large amount of money before making any! Would a surgeon plan on killing several patients while becoming an expert at taking out an appendix?
A trader who wants to survive and prosper must CONTROL HIS LOSSES. You do that by RISKING ONLY a TINY FRACTION of your equity on ANY SINGLE TRADE.
[Image: jdEcZe68fHBzP.png]
Every WINNER needs to master three essential components of trading
1) A sound individual psychology – clearly defined rules
2) A Logical trading system – analyse your feelings as you trade and make sure decisions are intellectually sound
3) A good money management plan – structure money management so that no string of losses can kick you out of the game.
These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. Losers try to build a stool with only one leg, or two at the most. They usually focus exclusively on trading systems.
http://freepages.computers.rootsweb.ance...Living.PDF
Human beings are funny... very stingy to act (participate in survey or post their opinions on forum)
or give praise (positive rating as affirmation for efforts to post on forum).
to the deserving selfless beings who contribute (perhaps they think these forumers are too free to post).
However, I notice from personal experience that I learn more by posting in other forum.
There are altogether 2,166 registered members on Valuebuddies forum but only 11 members are willing to vote generously.
Same situation is happening in other forum.
“The More you PRAISE and celebrate your life, the more there is in life to celebrate.”
― Oprah Winfrey
VSB,
relax lar...
why would someone bother with praise or positive rating from Forum?
If he/she is bothered, then something is wrong.
better get back to real life and start interacting with real people.
Happy new year.
Love Compassion
[Image: Fuller_quote.jpg]
Picture from janebluestein.com
A Life not Reflected is a Life not Worth Living.
I don't think that fellow forummers here are that type of people but rather the survey in question is inherently making people not able to vote.
Portfolio consists of multiple stocks for quite a number of people and most likely built over time.
Example, I hold some old stocks from 2000 and I have added some new stocks in Dec 2013.
So how do I categorise myself in this case?
So my portfolio is less than 1 month?
