Saturday, April 25, 2009

Investing With A Longer Time-Line

At the end March I quit day trading while I was still ahead. I decided I didn't want to be hostage to the daily news cycle. I made this change after several instances of getting blind-sided by announcements from the Obama administration that served to goose the market upward for no good reason. My investing horizon is now three business days -- the amount of time it takes a trade to clear -- and upwards.

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