trading mistakes, page-108

  1. 1,140 Posts.
    ok so this is my first trading decision that im having trouble deciding on, down 30% ($600) i cant decide wether to sell at a loss or just hold and wait for it to come good.(this is from my original mistake as posted at top of page). my reasons for this are-

    not to sell:

    *im in no real need of the money,it eventually will come good imo and taking a loss now isnt really worth it in the long run.

    to sell:

    *take money and run while there is still a decent amount left, as my sentiment to the market at the moment is that things are going to get cheaper and i could re-enter other trades even this one at a cheaper price.
 
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