, according to brokerage documents viewed by Insider. This allowed her to enter and exit positions without tax implications. In 2020, she finished the competition up by 155.2%, and in 2021 up by 100.4%. The S&P 500 gained about 16% and 27% in both years, respectively. . For example, is your preference to buy and hold stocks or turn them over as quickly as possible? The answer depends on how well you can handle volatility.
Jha prefers to be a long-term trader or hold positions for months to a year because of the limited time she can spare for trading. However, at times, she has held stocks for short periods, such as two months if a company's fundamentals aren't strong or if a stock is overbought.rather than trying to learn from multiple sources. The source should reflect your trading style.
For example, on November 22, 2021, she took a position in the electric-car maker Rivian , shortly after its initial public offering. She quickly sold half her position the same day, as the stock's price continued to drop for a loss of $3,470. Jha held the other half to see if it would recover, but it did not. Looking back, she realized that just because a company has an IPO doesn't mean it's an appropriate entry point.
. This is assuming you aren't losing too much money in the process, she said. You could have a good strategy, and you could be doing everything right in terms of reviewing a company's fundamentals. But if the stock market isn't doing well, you're fighting against it, she said. It could be that your strategy is more appropriate for a volatile market or a slower one.
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