Don’t shoot yourselves in the foot.
So i buy a stock and it goes down. Then it goes down more. Should I cut my losses and sell? Tough choices. If i bought at 50 and it goes down to 8, Ive gotta ask myself: would i buy it at 8 right now? If the answer is yes, then why would i sell it? Do i actually believe in the company, did DD, or did i buy it on a “hot tip”. I’m not offering easy answers, just legitimate questions. I know i can be my own worst enemy. “The stock market is a device for transferring money from the impatient to the patient.” - Warren Buffett
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