If you are HFT (high frequently trader), yes, you only hold the trade for 11 seconds. But for most of us, especially for those traders in US according to a US Statistics from www.cross-currents.net, the period is definitely less than 6 months. Yes, it is 6 months for a typical holding period.
What about for the Malaysian traders here ?
This is quite true also for Malaysian traders. More and more traders than we spoke to are holding less than 6 hrs. Some wud not hold longer than 3 mths. The brokers in town are happy with this arrangement – meaning more turnover, more income for them. Many analysts are recommending to hold lesser period and if you are research chartist, preferable intra-day.
It is very sad now as we dont see many longer term investing or trading.
- Martin -