To be a long term trader is the best possible way to be invested into the stock market. For the 80-90 years, the market has performed at an average of 7% increase a year. Therefore, it is proven that the best way to accumulate wealth using the market is to buy and hold different securities, bonds, and others funds over the course of your lifetime. It is a marathon, not a sprint and those who are patient are rewarded.
- Being a long term trader is the best way to accumulate wealth within the markets.
- Do not ever risk more than you can afford to lose otherwise you will be emotionally invested into the markets and that is not safe.
- Be smart with your investments and do your own due diligence when it comes to research.
“This is not solely determined by your willingness to accept the risk. Your trading personality stems from your desire to initiate risk and hold that risk. Some people need to be right at once, while others are content letting the markets take their natural path to their desired level.”