what was this number for stocks?

C

chipmunk

Year ago when I read about some traders I read somewhere if you held over X number of shares you could not outperfrom the market averages. I think it was 8..but I am not 100% sure.

Can anyone shed any light on this?

What was that number and is tue?

Thank you
 
number of positions in stocks....lol a $50,000 account will hold alot less shres than a $10M account.

There was a statisical number where they said if you held more than X postions in the stock market you could never outperform it (you are the averages) I think it was 8.

So it begs the question....how the hell does anyone beat the averages without gambling?
 
You are incorrectly assuming that any 8 or 30 stocks you may select are on average, average performing.

The truth is depending on your selection, you may significantly under perform the index as well as outperform.

-Kid
 
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