COST: take loss on this trade. Small loss after keeping the shorts for a very long time.
Always had thought that COST valuation is premium to market performance but then it never really go down the my intended price.
In alignment to my recent change of strategy to cut off unprofitable trades and stay long bias, this trade is among the final few older unprofitable trades.
Price had dropped in recent weeks and its close enough for me to be able to take a loss without feeling too much pain.
Today is as good as any day in doing so and so I did it.
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- bingoo·09-25It's tough to cut losses, but essential for your new strategy. Kudos for making the tough callLikeReport