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re: Tech crash is picking up steam. Nasdaq down over 1,000 points in the last 8 days.
Posted on 4/19/24 at 3:43 pm to wmtiger69
Posted on 4/19/24 at 3:43 pm to wmtiger69
quote:
What is considered long term? 10 years?
Good question. IMO, it’s somewhat age and circumstance dependent. But generally speaking, if one cannot (comfortably) stay with a long position for at least 5 years, it would be better to either not take the position or consider it more of a “tradeable”. But your mileage may vary.
1
Posted on 4/19/24 at 6:10 pm to Jag_Warrior
Sometimes a long term trade is a short term trade that went bad. 
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