RE: Some joy some frustration some opportunity31 Jan 2020 23:11
I'm not sure if some who post on here are just traders but some of their posts give the impression that they are hoping for returns on a weekly basis which would suggest traders, each to their own but I think that you need to let holdings run for at least 6 months to really see worthwhile gains.
In saying that I bought SXX on 39 separate occasions without ever selling a single share and held for just over 6 years and look how that turned out, a £33,000 loss after waiting patiently all those years, so I guess I'm disproving my above point.
Anyway I know I have the patience to hold out here until a takeover, 6-12 months is nothing when you have bought and held in a single share for over 6 years so this should be a doddle in comparison!