Key Points
Is selling a stock similar to accepting defeat?.
Are we saying that if we sell something then we are giving up on the stock idea and we are forced to move on?..
Selling can seem very black and white but it is actually a lot more grey than we care to admit..
For individual investors, the sell decision, about a stock, a mutual fund investment or any investment, is relatively easy...
So, we can take a far more detached approach to selling a bad investment idea.. So indeed, selling does feel like we are giving up or accepting defeat, but sometimes it is more important to bow out and accept defeat than to keep fighting a battle we have a small chance of winning...
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