Re: First good idea
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Perhaps you found an undervalued stock and loaded up, but if the market doesn't agree with your valuation (and the market is always right), then there must come a point where you acknowledge that while your analsis was correct, your timing wasn't, and you have to sell to preserve your capital so that you can profit during the times you are right and realise the +EV of your work in the future.
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Managing risk ftw. Very good advice kimchi.
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