Followers | 63 |
Posts | 3189 |
Boards Moderated | 0 |
Alias Born | 02/21/2014 |
Thursday, September 21, 2017 7:20:44 PM
You lose money when the market price is below your cost basis whether you sell your shares or not. It is called an "unrealized" loss (on paper), and becomes a "realized loss" when you finally sell those shares.
A smart investor jumps ship when the tide is turning against them, and does not hold on to a losing position forever. A smart investor cuts losses short and let's profits run.
It's called Investing 101.
<<"You don't lose money till you sell below your cost.
The market has its ups and downs and a smart investor will hang on till the tide turns in his favor.">>
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM