Just wanted to say that I'm not saying it's easy to do this. It's just an observation of things to look for and include in your decisions.
And longer holds usually do yield bigger profits, which Larry Williams also said and most of us already know. I remember during the internet bubble run up Laszlo Birinyi said on CNBC one day that he had made a lot of money trading CMGI, the poster child of internet bubble stocks. But he said he would have made even more money if he had just bought it and held it.
This was true of a lot of internet stocks. I believe it was 1999 that I created a watch list of 20 stocks that I though would do well for the year. This was on the first trading day. And I didn't do any trades on them in the watch list all year, although I did with my actual money in my real account. And at the end of the year 19 out of 20 had gone up and the average was amazing. They went up 268% I believe it was. Wished I had just bought them at the beginning of the year and gone on vacation.
This was 20 stocks not just 2 or 3. Also CL a few years ago had the selloff from 142 down to 32 it was wasn't it? https://www.google.com/search?hl=en...3104l5674l0l9923l8l8l0l0l0l0l139l1056l0.8l8l0
