The enormous cost of having to be "right"

[Upsndwns]

Many traders use the term "weak hands" to refer to holders who exit their positions at the first sign of a trade not going their way. I guess they think they are strong by sticking with a stock through thick and thin. I'm new to trading, but this is like first day of stocks 101 stuff.

 

[Cswim63]

Many traders use the term "weak hands" to refer to holders who exit their positions at the first sign of a trade not going their way. I guess they think they are strong by sticking with a stock through thick and thin. I'm new to trading, but this is like first day of stocks 101 stuff.

It all looks that way in retrospect--_these guys got out fast because they couldn't take the heat, these guys stayed because they were strong. Actually we are all guessing in a way and the strong hands might have been more lucky than strong. It just looks different after the market moves--_then its all understandable--Swimr