I would like to say this to our community
I am a no-body, let’s just make that clear.
But … while the concept of never sell when your down is not wrong, it is not always the smartest thing to do given certain economical and financial situations.
Let’s be honest, for those thinking of selling out of some positions because of these concerns there is nothing wrong with that choice.
Reason I say this is simply because when the world goes on full retard simulator mode, these are not necessarily bad moves.
I want to give a single example to sum up this concept … There are still people holding bags in companies from the dot com era on this sub who are still waiting to break even and I’m not even trying to make fun of them 😂 it’s just part of the game.
Now, this isn’t subject to long positions your holding or stocks that you a very convicted in its growth etc.
But when looking at your short and medium term plays, it’s not necessarily wrong to consider cutting some positions in order to have more skin in the game and be able to keep playing, you know what I mean?
I just see a lot of “buy the dip” or “never a loss if you never sell” type of posts and could imagine it could fuck peoples thinking up when making their decisions especially newer individuals.
Remember don’t trade on emotions.
I am not a bear, I am just a human being living in a world where we only thought were in movies.
Calls on nuclear zombies.
This is just a joke obviously, but the world is in a shitty situation right now, no ways round that.
Submitted February 25, 2022 at 02:50AM by ShortChecker
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