Selling is definitely hard! I’m still working it out for myself but it’s sometimes hard for me to know (personally) if I’m holding a loser because it needs more time or because I don’t want to take a loss. Taking a loss it’s like accepting defeat and who wants to be defeated 😔
Yes that is the rub. When are you holding purely for psychological reasons and when is it “conviction” That’s why I find taking action helpful. It helps sort through the mental clutter.
Selling is definitely hard! I’m still working it out for myself but it’s sometimes hard for me to know (personally) if I’m holding a loser because it needs more time or because I don’t want to take a loss. Taking a loss it’s like accepting defeat and who wants to be defeated 😔
Yes that is the rub. When are you holding purely for psychological reasons and when is it “conviction” That’s why I find taking action helpful. It helps sort through the mental clutter.