Hold or trade?2 Apr 2022 11:09
This is probably one of the most difficult decisions, especially for the inexperienced. It's a fact most people sell out of investments far too early. I have also rarely managed to beat the market by trading. The only time I now trade, is when my investment gets beyond 20% of my portfolio, as for me it represents too much risk. Some set higher or lower limits. If I do happen to get a cheaper buy back I normally will. Trading in the middle of a rise or drop because you feel the price will fall, is a sure way to miss out IMO, especially in a rising price trend.