Buds drop; flowers drop; young fruits also drop; of course, matured fruits drop as well. You may actually outlive your son, or your father may outlive you. You never know what is going to happen. Warren Buffett is 70 plus now. I don't think he has changed his strategy. (Please don't feel offended. I have not intention to offend anyone.)

Trading the trend, that's easier said than done. Don't forget that a trend confirmed can suddenly change course. As for having a plan, that's easy, the hard part is trading the plan. If you had bought shares in Haio, Hartalega, KPJ, Adventa, Top Glove and many other good counters, in early 2009 in the KLSE and adopted the buy-and-hold strategy, you would be pretty rich by now. As for how long you should hold, Warren Buffett says that his time is forever. Genius is nothing more than elegant common sense. If you don't this, then you really need professional trading before you have any chance of winning in trading.

Sorry, Let's should be That's in the above post. If you really have the ability to trade, you should trade the FKLI or the FCPO where you either go short or long. Presently, shorting stocks is illegal in Bursa and there is nothing you can do even when you see that a bear market is on track. But, with the FKLI or FCPO, you are legally okay if you short. Make sure you don't lose your skin, though. Go slow, be cautious.

Investing is boring. The buy-and-hold strategy probably does not suit the majority. Who does not want excitement and make money at the same time? But let's be honest; how many have the skill to do that? It's easy to say: Cut your losses quickly and let your profits run. In actual case, it's much easier to cut your profits and let your losses run. Let's why many traders lose money and they will continue to lose money, trading. You are the exception if you can win.

In my opinion, you can't make money trading unless you are a genius. Big money is not in trading; it is in the waiting. The buy-and-hold strategy is still the best provided you know how to identify good stocks to buy.

At JupiterOnLine, trades below 50k, per contract is 0.1%; for trades above 50k, per contract is 0.05%. Minimum per contract is RM10. At M2U, minimum per contract is RM8. Your can ask for rates as low as 0.1% for your trades. At OSK and KIB, the rate is 0.42%. I have no ideas about the others.

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