Re:Average stock ownership: 22 seconds
by dschobel on Sunday January 09, 2011 @02:51AM
(#2085112)
How can the individual investor compete with that?
A: Don't try. Holding stocks a long amount of time insulates you from the market-timing nonsense where the day traders are fighting tooth and nail for fractions of a percentage point of profit.
Re:Average stock ownership: 22 seconds
by robryan on Sunday January 09, 2011 @02:56AM
(#2085116)
Yeah, it seems with high speed algorithmic trading your larger competitors are always going to have faster machines, better connections and likely many many programmers just as smart or smarter than you are.
A: Don't try. Holding stocks a long amount of time insulates you from the market-timing nonsense where the day traders are fighting tooth and nail for fractions of a percentage point of profit.