Stock Market Timing

A troll sent me a comment about a previous video where I celebrated making 5% in a stock after holding for a month. The troll said, “I do not see why you are so delighted making 5% in a stock after holding it for 4 weeks. Ohhhh… big money, do not spend it all in one place.” Used up cliché aside, this troll really should learn an important fact about stock trading. This isn’t Hollywood. Stock trading, I’m talking about genuine profitable stock trading is smaller gains day in and day out, week in and week out, month in and month out, year in and year out. No matter what false idea Hollywood has placed in your mind in regards to the famous and thrilling life of being a stock trader, you must let it go. You aren’t going to become wealthy by finding the next Wal-mart or Microsoft. You should stop trying to hit a home run with every stock you buy. Simply concentrate on getting a base hit. How’s that for a worn-out cliché? Returning to the troll which was making fun of my 5% gain in 4 weeks trade. We will do the math. If you start out with just $2,000 in your trading account and make a 5% gain a month, in 1 year your $2,000 will turn into $3,200. In 4 years, your $2,000 will turn into $13,107. In fact, starting out with $2,000 in your trading account, if you make just 5% a month, your initial $2,000 will turn into $2.3 million dollars after 15 years!

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