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Loss Aversion
Stay positive out there my friends!

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Joey Hirendernath's avatar
"Loss aversion is the observation that human beings experience losses asymmetrically more severely than equivalent gains" - I believe this is why some investors find it hard to let go of losers.

A common rational is "I will wait to break even", which is not a great reason to hold a stock.
Beaver Capital's avatar
@joeyhirendernath agree with you 100% on that Joey. Emotions are a tough hurdle to get over, but once you do then you will be rewarded over the LT

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