TWEET - LESSON - HOLDING PERIODS -
Added 2024-11-07 17:08:26 +0000 UTCFrom my observation, generally people have a max holding period of about 3 months in a position
After that, they will likely sell if their position hasn't moved or if there is a slight decline
The market loves people who behave like this in Consolidation ranges, as these periods can last much longer than 3 months.
As the price consolidates, this is known as the accumulation zone, where smart money accumulates and novice investors/traders run out of patience and sell for a loss
You need to step away from behaving like the masses.
Referring back to the the fundamentals at all times will help you hold positions
This is why the descending wedge is one of the most popular formations during a consolidation period and is usually met with a strong bounce to the upside....as long as fundamentals are improving
Comments
Atm that's how i'm feeling about sofi, thanks cap. this stock can and will rise further
Danny
2025-02-07 19:34:06 +0000 UTCWhat!? Where are these videos?
Massey
2024-11-07 23:19:05 +0000 UTClove it - I learn best watching something over and over and trying to replicate it on multiple stocks
Daniel
2024-11-07 17:39:05 +0000 UTCSo true. Good reminder. I used to be so impatient. No longer.
DK
2024-11-07 17:26:44 +0000 UTCI'm going to start doing more videos
Gareth Neary
2024-11-07 17:13:38 +0000 UTCbeen watching your video time and time again over the last few days discussing the descending wedge on building a chart with $AFRM. If one can identify the wedge, the arrow should be pointing up.
Daniel
2024-11-07 17:11:02 +0000 UTC
