Investing For Beginners: INVESTING FOR RETIREMENT – How To Make Money Consistently From Passive Investments Paperback – January 26, 2021 by Wayne Berg

Description

There are investors who get into investing for the long haul. These are long-term investors, and their approach is known as “position trading.” Position trading is a long-term approach that looks to engage in holding on to assets for an extended period of time. If you are patient and in no hurry to make quick profits, you may consider position trading as an option for you.

Position is a logical progression from swing trading. The reason for this is that it takes quite a bit of foresight to determine what a stock will do in six months’ time. That takes a lot of research and understanding of the market. If you are unfamiliar with the dynamics of a given market or the companies that comprise it, you may have a hard time “timing” the movements of these stocks or assets.

Position investors are keen on making large profits on individual deals. They are not keen on making short-term profits. In the short-term, you stand to make pennies on the dollar. That’s not bad, especially if you engage in high-frequency trading. But when it comes to hitting home runs, you have to stay in the game long enough. For instance, you cannot expect a company’s stock price to double in a matter of hours. But, you can expect it to double in a matter of weeks. As a result, you stand to clean up if something like this happens.