Originally posted by scooterscot
View Post
Let's see if I can make it really simple:
You bought stock A. Its value is now 10% less than your invested (including bid/offer spread, dealing costs).
You think stock B will go up by more than 10% (including bid/offer spread, dealing costs).
You have finite funds available to invest.
Only someone emotionally invested in Stock A would keep Stock A rather than selling Stock A and buying Stock B.
With your (proclaimed) track record of winners, why don't you do that?
Comment