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To the average investor who buys and sells on the internet, holding a stock 12 months can be very long term. To a day trader 1 hour can be long term. All day traders exit by close of day to avoil getting trapped by bad overnight news. Its all relative. I do think, gone are the days of buy and hold for 20 years. Its too easy to get in and out with a mouse click these days, and most people do not have the patience to hold a stock for more than 6 months if it isn't moving up. Warren Buffett says long term to him is "forever."

Not my style. But I admit, if every stock you bought, you asked yourself if it would be worth holding forever, youd make a lot less mistakes. To me, if you are a short term or swing trader, a long time is 3 weeks. If you are a position trader which is medium or intermediate term hold, a long time is 6 months. But if you truly want to hold long term, think at least 18 months -10 years.

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13y ago

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