Read? Patience In The Stock Market??? (2)
Uncle8888's patience in the stock market cuts both way. His attitude towards losses is very different from commonly known or practiced concept.
He is very patient with both winners and losers. He doesn't have Stop-losses. He still believe in salted fishes becoming alive one day.
How to treat losses and move on without carrying the sampan all the time?
If really salted, he will write down the losses to ZERO stock value and move on. These losses are NON-CASH items and only impact his portfolio performance measurement when he still have big war chest. But; when his war chest is very low or empty then it is different ball game; he will need to raise cash.
He will cut these zeroed stocks and still "profitable". LOL!
Read? Who is the Other Twin Sister of Stop-loss who is not commonly known???...