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Losses: Realized or Paper Losses. Be Ourselves And Fill Our Own Wallet!!!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  March 26, 2016
Stop loss? Cut loss? Realized losses! Paper losses! Real or imaginary losses? What is Uncle8888's thinking on real or imaginary losses?
By his past 16 years with Depth (9.x cm) and Weight (3.5 Kg), all commonly understood points, theory or concepts on stop loss, cut loss, real or imaginary losses are well taken and noted. Most importantly; he understood it financially! ALL losses whether REAL or IMAGINARY were financially accounted on daily basis and marked to the last stock market closing price.
No illusion!
Financially and Mathematically accounted!
Stop losses are for traders. Cut losses are for investors - CW8888 Can anyhow say meh? The two components of 3Ms - Method, Mind, and Money Management i.e. Mind and Money management. It is all in our mind and money management. For traders who are trading for a living; they may have little choice but to trade as often they SHOULD in order to make money from the stock market; otherwise they will be eating Wind...  ...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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