So many people wait for a losing trade to "go green"


The problem?
Opportunity cost!
Imagine holding on to a crap company simply so you can "break even"
Yet at the same time you see a major table pounder opportunity out there but you pass on it cause you are emotionally attached to the bad trade.
You would have been much better off taking the tax loss, accepting you made a bad trade, and allocating to the better opportunity with better upside potential.
Please don't do this...
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