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Post# of 47295
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Re: floydianslips post# 29433

Wednesday, 03/14/2012 4:56:22 PM

Wednesday, March 14, 2012 4:56:22 PM

Post# of 47295
You know, when it comes to bag holding, I've got into the mentality that it's money already lost. I think of it as I don't own it anymore and it may take a much longer time to recoup those losses holding it in the same stock, than to redirect it into something that'll recoup the losses much quicker. Locking in a loss hurts, but I'd rather try to make up the gains than bag hold. Haven't been a bag holder in a while since I started following this board. I still make mistakes, but I'm constantly fine tuning my strategy

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