Pretty good article on avoiding trading mistakes. One of his comments is about dumping stocks that have turned into dogs. It is really hard to admit mistakes, but I would have been much better off dumping these dogs (CMTN, INTC, EMC) and just earning standard bank interest on them, rather than wait for them to come back.
http://www.decisionpoint.com/TAcourse/TradeMistakes.html
Tuesday, December 27, 2005
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