7 Reasons Buy and Hold Investing Beats Trend Trading
Trading strategies that follow trends as well as momentum investing, which attempts to capture the middle ground between the highs and lows of the stock market, hinge largely on timing. To use either approach effectively, trend traders must be right twice, says Michael Westbrooks, partner at WDW Financial. “They need to know the right time to get in and the right time to get out,” he says. Buy and hold, on the other hand, has no such requirement – that means investors don’t have to rely on a figurative crystal ball to structure their portfolios and this also mitigates risk.
U.S. News & World Report, May 22, 2019