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<blockquote data-quote="Re-Raise" data-source="post: 5303441" data-attributes="member: 16501"><p>I read it all. I’m just not sure why you feel you need to convince us that you are ahead.</p><p></p><p>Why would you care what we thought? I also don’t understand why you churn so much because of the tax implications. If you believe in an investment, hold it or buy more, and only sell when you think it will lose money going forward.</p><p></p><p>I think a lot people make the mistake of cashing out their winners and holding the losers too long because they don’t want to show a loss on paper.</p><p></p><p>The same is true for chasing losses in poker and tightening up to protect a win on a good night. You should do the exact opposite.</p></blockquote><p></p>
[QUOTE="Re-Raise, post: 5303441, member: 16501"] I read it all. I’m just not sure why you feel you need to convince us that you are ahead. Why would you care what we thought? I also don’t understand why you churn so much because of the tax implications. If you believe in an investment, hold it or buy more, and only sell when you think it will lose money going forward. I think a lot people make the mistake of cashing out their winners and holding the losers too long because they don’t want to show a loss on paper. The same is true for chasing losses in poker and tightening up to protect a win on a good night. You should do the exact opposite. [/QUOTE]
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