Real or imaginary losses?
What is Uncle8888's thinking on real or imaginary losses?
ALL losses whether REAL or IMAGINARY were financially accounted on daily basis and marked to the last stock market closing price.
Financially and Mathematically accounted!
Stop losses are for traders. Cut losses are for investors - CW8888
Can anyhow say meh?
The two components of 3Ms - Method, Mind, and Money Management i.e. Mind and Money management.
It is all in our mind and money management.
For traders who are trading for a living; they may have little choice but to trade as often they SHOULD in order to make money from the stock market; otherwise they will be eating Wind.
With such frequency of trades can they still survive without stop loss strategy in place?
For traders, the so-called "cut losses" are actually poorly executed stop loss.
Be clear about it. Are you trading or investing for long run and you have no doubt that your war chest will be growing too?
For retail investors who are into wealth building phase over year after year of market cycles and keeps pumping new money into your war chest; it is should be how long and how deep can you stay in this Game of Investing?
Do you continue to add more new money on top of old money in your war chest?
Do you still need to add new money from the stock market on top of old money in our war chest?
Is your war chest is running too low?
Losses: Realized or Paper Losses.
Be Ourselves And Fill Our Own Wallet!!!
BUT, no illusion over losses!
Most importantly, you shouldn't come to the stock market with your new money that you need them over the next 5 to 7 years.
This type of new money; you better keep it safe somewhere.
Two cents view from this Old Man!