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I also have some of your "fails" in my portfolio: I think Secunet is also beyond -25% and Paypal should be around -18%. How do you deal with such positions? I've always held stubbornly so far, but that wastes a lot of time.
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@Yang I'm the type of person who holds the shares longer in order to sell without making a loss. However, if there is no prospect of a turnaround, such as a good outlook (but rather the opposite, a poor outlook), then I will sell at a loss if necessary and switch to more promising positions.
If you are still convinced by the company, I would get back in as soon as the turnaround is foreseeable or has already been initiated. (Outlook etc...)
If you are still convinced by the company, I would get back in as soon as the turnaround is foreseeable or has already been initiated. (Outlook etc...)
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@sebbraun201 Thanks for your advice! I am very similar, until now it has usually worked out quite well and I never had to wait very long for a trend reversal (most recently Siemens Energy, for example, which I then sold at a profit after the significant rise). What do you think of the two stocks mentioned, Secunet and Paypal? I see you have sold them in the meantime? I have Secunet, Paypal and Biontech, each of which has a 20% holding in my portfolio. One possibility would be to sell at least Secunet and Biontech and put the rest into the MSCI World.
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I bought Paypal because of a well-known finfluencer. I think most people know who is meant... 😉 Didn't feel like it anymore. Constant promises, constant disappointments. Plus underperformers. That's why I'm glad I sold. Albeit at a loss.
I would have sold Secunet after my stop loss took effect. I wasn't angry about it either, as I see this stock more in the speculative corner. I want to keep my distance from such shares for the time being. I am now focusing more on continuity.
I would have sold Secunet after my stop loss took effect. I wasn't angry about it either, as I see this stock more in the speculative corner. I want to keep my distance from such shares for the time being. I am now focusing more on continuity.
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@sebbraun201 Thank you! I wish you continued success!
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