3 ms·
Cutting a loss is synonymous with "selling low".
by mynameishere 19y ago
Cutting a loss is synonymous with "selling low".
- gruseom 19y agoNot if you're short.
- mynameishere 19y agoSigh. "Buying high" then.
- gruseom 19y agoI must not have understood you... let me try again. You object to Seykota on the grounds that cutting a loss entails taking a loss. That's objectionable because losses are objectionable. Did I get it? Of course, a big loss is more objectionable than a small one.
- eru 19y agoSure. But you can never know before which way the prices go.