Read? Why I Use Stop-Loss
Uncle8888 DOESN'T use Stop-loss; but he doesn't lose his pant!
CASH got sound (in his mind)!
Saturday, 10 October 2009
Portfolio Management - Stop Losses?
I do cut losses to recover capital and redeploy the recovered capital to other stocks, but it is not related to the falling stock price. I don't need to win back in the same manner that I have lost.
One day in 2008, a guy came to this cbox and said: "Bro, do you have stop loss and you are holding a losing position for too long!"
I replied: "Bro, I don't use stop loss"
Read? Portfolio Management - Stop Losses?
Read? Articles relating to stop loss ......