TURNING SMALL BITES INTO LARGE PROFITS
In 2020 buy-and-hold may make you really broke! When the market took a nose dive in February 20, 2020, millions of Americans lost large portions of their investment dollars because of an invisible enemy, COVID-19 Fear and uncertainty caused many to sell everything and run for cover. Could this be the end of the buy-and-hold strategy that has worked for so long. You may have heard that when a door closes, a window opens, often this is true. Likewise, as the buy and hold strategy ends it may be a great time to employ another strategy.
Since the markets are in turmoil there’s a lot of volatility created in this environment. This turmoil, translates into high premiums paid for stocks options. Many great investors have said the best time to invest is when everyone else is running away
Eat and run strategy is to be in and out of the market very quickly, collecting small gains each time.
For more info check out selling Puts and Calls for weekly profit.