koolgal
03-22
🌟My biggest trading weakness is a classic: I am a world class "Bag Holder", treating losing stocks like stray puppies that just need more "time" and "hope" to get back to breakeven.

Warren Buffett has a blunt warning for those of us caught in this psychological trap:

"Selling your winners and holding your losses is like cutting flowers and watering the weeds".

How do I plan to fix this trading weakness?

1.  The "Hard Stop" Divorce:  Setting a stop loss at entry. If the price hits the line, the relationship is over. There is no "we can work this out" talk.

2.  The "Blank Slate Test":  Ask the question -  'If I didn't own this weed today, would I buy it?". If not, it is time to cut it off.

3.  The "Flower" Pivot : Moving my capital from the stagnant weeds into stocks where growth actually lives.

I am realising that in the volatile markets of 2026, it is important to stop watering the weeds & start feeding the flowers.  I will be happier for it.

@TigerEvents @Tiger_comments

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Comments

  • ZhongRenChun
    03-22 12:21
    ZhongRenChun
    never sell a winner. hold forever and pass it down to you children.   focus on assets you would feel comfortable holding forever. have discipline to never sell winners at any price. 
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      Happy Trading πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      May you have a wonderful weekend πŸ–οΈπŸ–οΈπŸ–οΈ
    • koolgal:Β 
      That is why I do not sell my winners too.
    • koolgal:Β 
      You are absolutely right πŸ‘πŸ‘πŸ‘
  • MilkTeaBro
    03-22 09:01
    MilkTeaBro
    Management character is one of my primary criteria for deciding when to cut losses on a declining stock. If the management team consists of upright individuals, I am willing to give the company more time to navigate challenging market conditions. I typically buy stocks on the 'left side' of the chart; as a result, holding paper losses at low P/E levels is my standard investment approach.
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you have a winning week ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      I shall certainly adopt your sensible approach.
    • koolgal:Β 
      That is certainly a excellent strategy.πŸ‘πŸ‘πŸ‘
    • koolgal:Β 
      Thanks for sharing your valuable insights πŸ₯°πŸ₯°πŸ₯°
  • clouddragon
    03-22 21:43
    clouddragon
    didn't Buffet say too, he is happy, when his value stocks go down, so he can buy more :)
    • clouddragonReplykoolgal:Β 
      same for youπŸ€πŸ€πŸͺ·πŸͺ·
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      Happy Trading πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Thanks for sharing your valuable insights πŸ₯°πŸ₯°πŸ₯°
    • koolgal:Β 
      That is provided that these value stocks continue to provide value and the long term growth story is intact.
  • 1PC
    03-22 16:55
    1PC
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you have a winning week ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Appreciate your support πŸ₯°πŸ₯°πŸ₯°
    • koolgal:Β 
      Thanks 😍😍😍
  • zippyloo
    03-22 09:01
    zippyloo
    Solid advice! I've been there. Cutting losses fast is crucial. [εΌΊ]
  • Juju710
    03-23 02:43
    Juju710
    Good
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      Happy Trading πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Appreciate your support πŸ₯°πŸ₯°πŸ₯°
    • koolgal:Β 
      Thanks 😊😊😊
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