The Art Of Selling A Losing Position
Your stock is losing value. You want to sell, but you can't bear to think of selling now before further losses or later when losses may or may not be larger. All you know is that you want to offload your holdings and preserve your capital and to reinvest the money in a more profitable security. In a perfect world, you'd always achieve this aim and sell at the right time. Unfortunately, it isn't that easy in real life. Let's take a look at why selling is important and then talk about a selling strategy that works for any type of investor.
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