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hypothetical, page-28

  1. 7,247 Posts.
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    There are as many answers as there are traders. I know what I would do, but that might be totally off-the-planet for you?

    I would look at a worst case scenario, ie. total loss, and then see what if any effect that would have on your life. The answer is probably somewhere in the middle.

    "the efficient-market hypothesis suggests that you shouldnt 'expect' a return of around 20% in any share investment"

    That's for academics and armchair traders. I take what I can get, and its usually more than 20%.

    I like to sleep at night, but then a famous person once said; "If you can sleep at night, you don't have a big enough position.."

    If its a winning position, I add. If its losing, out it goes. When you keep doing that the result is always good. There are times to hock everything except your house (never ever). And times not to hock anything. Only individuals can make that decision.

 
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