[Masters of Investing] The master who preached holding winners, but his own rules actually make you sell in just a week
There's one stock market saying you hear all the time. Cut your losses short and ride your winners long. It's in every book, on every YouTube channel. I believed it too for years. Here's the strange part though—half of it holds up to scrutiny. Plenty of people have run the numbers on cutting losses short, but there's surprisingly little hard data on whether holding winners longer actually makes you money. That's the part people rarely verify with actual numbers. So I pulled out Christian Koulmavis's rules. He's known for buying breakouts and selling as he trails a moving average. I went through 12 years of Korean stock data for every signal that matched his entry conditions—came up with 3,880 setups —then applied his exit rules exactly as stated. What surprised me most about the results wasn't the returns. It was the holding periods. I matched his entries exactly Throwing this rule at any stock is waste, not validation. But Koulmavis pub...