Pennystocks100 Trading Strategy Statistics for September 2011
- % of Winning Trades: 37.50%
- Screened but NOT traded: 0
- Largest Winner: 5.28%
- Largest Loser: -3.90%
- Average Loss Trade: -2.00%
- Average Win Trade: 3.13%
- Average Trade: -0.07%
- Trading Strategy Expectancy: -0.04
Previous month (August 2011) Statistics could be found here
What about buy and hold not forever but it could be for some time. Their are stocks like petsmart that traded at 2 dollars a share 11 years ago now the stocks almost fifty. Also pricesmart traded at about 7 dollars a share about seven or eight years ago now its almost around sixty dollars. Their are many other examples Apple computer traded ar only 5 dollars a share in 1998 now its over 400. These stocks are being held quite a long time generally speaking I would say four to six years would be about right as far as buy and hold go. I have a website where I have been following stocks under five dollars. I generally hold my stocks anywhere form 2 to 6 years.
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