Failure is never easy. Admitting that a stock that you invested in is a losing stock is never easy. Whether it be mental or psychological, many investors fall into the trap of buy and hold forever regardless of the losses that may occur. Stock dropped 50%? Sounds like a good hold strategy. It’ll come back someday - won’t it? Possibly.
Showing posts with label
Stock Market
.
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Showing posts with label
Stock Market
.
Show all posts
Thursday, June 30, 2016
Stop Fight a Losing Battle
The stock market is a brutal beast of lessons that will be forcibly learned. These lessons can defy what kind of investor you may become and how successful you may end up in the long term. One of the most important lessons that has to be learned is to sell when a stock has become a losing battle that may never be a success story.
Failure is never easy. Admitting that a stock that you invested in is a losing stock is never easy. Whether it be mental or psychological, many investors fall into the trap of buy and hold forever regardless of the losses that may occur. Stock dropped 50%? Sounds like a good hold strategy. It’ll come back someday - won’t it? Possibly.
Failure is never easy. Admitting that a stock that you invested in is a losing stock is never easy. Whether it be mental or psychological, many investors fall into the trap of buy and hold forever regardless of the losses that may occur. Stock dropped 50%? Sounds like a good hold strategy. It’ll come back someday - won’t it? Possibly.
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