most uneducated traders, and I mean stockmarket uneducated, don't let they're profits run and are afraid of a loss. they hold a loosing position hoping for a turnaround and if its a highly speculative stock they end up loosing the lot.
I've been trading for more years can I care to remember and if you are in speculative stocks I've always had a stop loss in place and a trailing stop when the price rises.
When I'm in a spec that I believe has long term potential I just hold unless the fundamentals have changed.
However, each to their own.
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