How to deal with the stocks that are trapped in your hands

by carey on 2009-08-08 20:48:58

Being deeply stuck in a trade is very uncomfortable, and many investors, in their anxiety, adopt a reckless attitude, thinking they have nothing to lose, and become stubborn with their stocks. Most investors simply hold on to their shares, waiting for a rebound to break even, but this mindset can be quite detrimental. Recently, many stock friends have also discussed with me the issue of being stuck in trades. Today, I would like to talk to my fellow bloggers about the mindset needed to handle being stuck in a trade.