Common Investor and Trader Blunders

jayc
2021-12-29

Letting Losses Grow

One of the defining characteristics of successful investors and traders is their ability to take a small loss quickly if a trade is not working out and move on to the next trade idea. Unsuccessful traders, on the other hand, can become paralyzed if a trade goes against them. Rather than taking quick action to cap a loss, they may hold on to a losing position in the hope that the trade will eventually work out. A losing trade can tie up trading capital for a long time and may result in mounting losses and severe depletion of capital.

$BlackBerry(BB)$$AMC Entertainment(AMC)$$NIO Inc.(NIO)$

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精彩评论

  • RudolfKennedy
    2021-12-29
    RudolfKennedy
    You have a misunderstanding about the definition of success. If you buy Apple stock at a high level, you will definitely get rid of it in two years; If you buy MEME shares at a high level, don't expect to make a profit in this life.
  • qingg123
    2021-12-29
    qingg123
    Totally wrong. Don't mislead others.
  • maroketo
    2021-12-29
    maroketo
    Retail investors are lambs waiting to be slaughtered. If you want to be a successful investor, you must first buy the stock of a successful company, and then you can ignore the rise and fall of the stock price
  • falleno
    2021-12-29
    falleno
    Wish your dreams come true. Good luck.
  • liaoji680
    2022-01-03
    liaoji680
    1
  • 德才兼备
    2022-01-03
    德才兼备
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