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Losses are only losses when you realize them :) Before that, it's just red numbers on the screen ;)
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@WarrenamBuffet Unfortunately, this is one of the most pointless fine-talking tactics, keyword: opportunity costs😉 Book losses are definitely real losses if you take this into account.
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@WarrenamBuffet the name confers "wisdom", or so they say.
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@WarrenamBuffet What do you do when there is a red 90%?
For me, it ends at -20% at the latest. Then I sell. Usually before that.
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@Thomas_1963 not always the right thing either. Was down 50% for a long time at $PLTR. Now up 1,500%. Long-term thinking is important. And more importantly: don't throw good money after bad. You can't always catch falling knives :-)
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@All-in-or-nothing of course absolutely right :) there was also a bit of irony 😅
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@Thomas_1963 It always depends. Do I still believe in my trade or my company? Then I would buy more at that point. But yes, if I no longer believe in the investment, it has to go.
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@Kreon absolute. I sold palantir after long losses at 10 euros plus minus zero and we know where it stands today 😁
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@Thomas_1963 Enphase is -78 for me but I still believe in it. It will take time but solar won't go away, according to my case.
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