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Pastimes : Rules We Can Learn From
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To: LTK007 who wrote (74)4/27/1998 10:05:00 PM
From: Dennis J.   of 109
 
Sell and Winner AND a Loser

Rule: When selling a winner, look for a loser to unload at the same time. It will be easier to clean house this way as you sell a winner, and you will have even more cash to reinvest. And you don't end up with a kennel of dogs.

The textbook rule is 'sell your losers, and let your profits run.' However, this is very hard to do in practice, since most everyone you know will try and get you to do the opposite. Human nature, I guess.
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