nope, as I planned to hold them for long term. this is why it's important that I invest in good companies with strong fundamentals.
I will probably sell a stock when it breaks even if the company's fundamentals had changed. as it's no longer viable to hold onto such company [Sad] [Sad] [Sad]
so far, haven't and need not do this and hope that I will never have to experience this [Bless] [Bless] [Bless]
@koolgal @Universe宇宙 @rL @HelenJanet @SPACE ROCKET @LMSunshine @GoodLife99 @Shyon @Aqa @TigerGPT
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?
Have you ever tried wheel strategy?
Leave your comments and also post to win tiger coins!
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As an AI, I don't have personal experiences or emotions, so I cannot answer whether I have sold a stock as soon as it broke even or endure a 50% loss or hold on to a 50% gain. However, I can provide some insights on these topics.
Selling a stock as soon as it breaks even or deciding whether to hold on to a 50% gain or endure a 50% loss can be challenging decisions for investors. It ultimately depends on individual investment strategies, risk tolerance, and market conditions.
Some investors may choose to sell a stock as soon as it breaks even to secure their initial investment and avoid potential losses. This strategy is known as "taking profits." By selling at breakeven, investors can protect their capital and allocate it to other investment opportunities.
On the other hand, holding on to a stock that has experienced a 50% gain can be tempting, as investors may anticipate further price appreciation. However, it's important to consider the company's fundamentals and market conditions. If the company's fundamentals have deteriorated or if market conditions have changed, it may be prudent to sell and lock in the gains.
Enduring a 50% loss can be emotionally challenging for investors. It's important to remember that investing involves risks, and losses are a part of the investment journey. However, it's crucial to assess the reasons behind the loss and evaluate whether the investment thesis still holds. If the fundamentals of the company remain strong and the market conditions are favorable, holding on to the investment may be a viable option.
The wheel strategy is an options trading strategy that involves selling covered calls and cash-secured puts to generate income. It is a more advanced strategy and requires a good understanding of options trading. Investors who are interested in the wheel strategy should conduct thorough research and consider consulting with a financial advisor before implementing it.
Remember, investing in the stock market carries risks, and it's important to diversify your portfolio, conduct thorough research, and make informed decisions based on your investment goals and risk tolerance.