Losing in stocks is like having a bad relationship you want to end.
But for some sentimental reason, you just can't.
Because...
Yeah Right...
And soon, you find yourself drained mentally and physically by all
the emotional baggage,. You could have let go and ended it.
But no! you think to yourself:
"But it's already too late."
Or
"There's still hope!"
When you start chanting these words in your mind. Your port
might end up like the ports of two Basura fund managers
that I happen to stumble upon somewhere.
Specimen A
Specimen B
Are you in a similar position?
I'm sure the stocks in these ports didn't become the vile
beasts that they are overnight. So if you find yourself in a bad
position, sit back and evaluate.
"Is it time to let go?"
Cutting is painful. But if you don't want to be sitting in a corner
crying like a little bitch, then end it early.
Remember :
There is no shame in taking a loss.
So cut to trade another day.