By trading do you mean investment (as in long term buy-and-hold, 5-10years)?
The strategy is sound (and have a similar approach) but it makes sense only for a buy-and-hold approach. For the short term the quality of the company product doesn't really matter too much.
Comments
By trading do you mean investment (as in long term buy-and-hold, 5-10years)?
The strategy is sound (and have a similar approach) but it makes sense only for a buy-and-hold approach. For the short term the quality of the company product doesn't really matter too much.
Of course. Short-term trading is way too hard.