Anybody ever heard of an investment club that swing trades?
Most investment clubs I have run across are still drinking the "buy and hold kool - aid".
If you have enough money pooled together to take on 15-20 positions at once, and use something simple as moving average xover and control losses, it should be able to out perform most mutual funds.
Most investment clubs I have run across are still drinking the "buy and hold kool - aid".
If you have enough money pooled together to take on 15-20 positions at once, and use something simple as moving average xover and control losses, it should be able to out perform most mutual funds.