Replies to post #174441 on Biotech Values

[WorstLuck]

>> The only difference is emotional.

Correct. Which I find advantageous at times as it allows me to sit (correctly)on a position more comfortably. Although it shouldn't.

I think we are in agreement.

[dav1234]

A stock where you are playing with "house money" is no more or less risky than one where you have a loss or are even. The only difference is emotional.

I guess, but capital preservation. Live to trade another day..etc..I find it way easier to go long on freebies.. a selfie mind trick ,lol.. besides I assume having a (very) high level of competency/experience in a particular industry facilitates "staying long"..