No. because if I hold the stock until it breaks even, means I intend to hold it for long term. usually I will cut loss and reinvest. that's means harder for me to hold when it drops 50%. with 50% gains, it's easier to hold. now this is not a hard and fast rule for me, but more often than not, kind of thing. for wheel, use it on a fundamentally good stock that is cyclical.
Have You Ever Sold a Stock as Soon as it Broke Even?
Some investors say they could withstand a 50% loss but couldn’t hold on to a 50% gain.
Most steadfast Tesla holders likely didn’t sell at the low point, but they might have sold after Tesla rose to broke even.
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Have you ever sold a stock as soon as it broke even?
Endure 50% loss or hold on to 50% gain? Which is harder for you?
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