Quote:
Originally Posted by MTG#10
So you never hold stocks even under what you paid for them because you feel they'll be worth a lot more in the future? I'm glad I didn't have that mindset when I bought during the market tank last year.
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Of course not. I’m giving Hog shit because he tried calling me out for going 100% cash last week in my trading account. There’s no need to bag hold in trading. Protecting capital is #1 so you can trade with momentum.
In more passive accounts I’ll absolutely add to positions and ride them down quite a bit more without selling.
It’s ok to treat different accounts…..differently.