Cut losses fast and live to fight another day!
It could be true for trading for a living as they depend on cash flow to put food on the table. But; for retail investors who put food on the table from their earned income ; it is a different story!
Depending on who you ask?
Cut losses fast and live to fight ANOTHER day!
For traders, they have to fight every other day and definitely have to fight another day; otherwise they will starve!
But; for retail investors over market cycles and sector; how true is cutting losses into holding MORE cash when you have war chest?
Do you have to live and fight another day? or every other day?
It is more likely when retail investors panic and cut losses into holding MORE CASH; they are more …