The 17 mistakes to avoid (7)

Error # 7: Do not cut its losses


In adverse or high rise, you must ask the question a moment
is whether you should close with a loss now or wait. It is the
when the difference between professional traders and beginners will be the most.
There are four possible gains or losses. You can save a lot, win
little, lose little or lose a lot. In the long term, small gains and small losses
to compensate. You simply take the losses faster than profits,
so you get an above market returns.