The Worst Market Timing Strategy On Forbes

by Corey Philip
July 19, 2016

Market Timing gets a bad rap among the buy and hold community.  They say it can’t be done.  They say anyone who tries it is a fool.  Truth is the majority of market timers are just acting on a whim, with no logic or time tested analysis.

I was  skimming around the internet and found this article below.  Not only does the author say “buy and hold doesn’t work”, but he also has a mindless illogical formula for market timing (or at least when to sell).  According to his article, a sign to sell is when you would no longer buy more shares.  Yes thats it.  Pure intuition.  No evidence.  No technical analysis.  No wonder market timing gets such a bad rap.

If I implemented that strategy I would never own everything longer then a day.

Its important to remember that any active trading should be based on evidence based strategies.  Strategies that can be backtested and have a probability of continuing in the future.  Not sure how you would backtest your urge to sell 😉

About the author

Corey Philip

Corey Philip is a small business owner / investor with a focus on home service businesses.

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