Elroy. One of the hardest things to bring yourself to do is to...

  1. 33,060 Posts.
    Elroy. One of the hardest things to bring yourself to do is to trade a stock that your underwater. But you have to forget what you paid for the share and trade it as it is. So if you paid 6c for GCN but won't sell until it gets over 6c again then you miss all the swings in btwn.

    The kicker is, if it breaks the 6c and you sell, you are prob selling when it has broken o'head resistance and about to go higher.

    But if you can sell at 5.7c and rebuy at 5.2c then you are .5c ahead.

    Like I said. It's easier said than done but no question it's right thing to do.
 
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