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So if someone buys a stock and then that stocks goes bankrupt. By that logic they lost no money... Taking money off the table when it is enough for you is the
by Ekaros 3y ago
So if someone buys a stock and then that stocks goes bankrupt. By that logic they lost no money...
Taking money off the table when it is enough for you is the way you guarantee that you make any money...
- airstrike 3y agoyeah, but he could have waited a little bit to see signs of a slowdown instead of taking such a radical contrarian view and leaving ~80% upside on the table. better to risk it going down from $450 to $400 before selling than to miss out on the ride to $800