Paperloss -- How to deal with paper loss

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Paperloss -- How to deal with paper loss

An SI Board Since May 1999

Posts	SubjectMarks	Bans
14	2	0

Emcee: Lucky888	Type: Unmoderated

Introduction Compact

Let's put together some good advice to deal with paper loss.

Paper loss is defined as losses that has not realized yet.
In long case, say you brought ABC@50 and now it is @30 and still going lower.
In short case, say you shorted ABC@70 and now it is@85 and still moving higher...

Sometimes people just can't take their mind off those paper losses. Let's discuss the ways to deal with them effectively.

I think that learning to deal with paper loss effectively can make a person a much better trader , long or short.

L.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
14	I find the use of a paper-weight handy in minimizing my paper losses. [ggg] So	StockPro	-	5/19/1999
13	<i>In the Zen of investing, there is no such thing as a paper loss. Face	dumbmoney	-	5/19/1999
12	In the Zen of investing, there is no such thing as a paper loss. Face it, the	Sword	-	5/18/1999
11	I close the position if it causes me too much thought. Barb	Mama Bear	-	5/18/1999
10	Take it off your gains...keep playing...sorta like a bad date. Time consuming,	jeff c.	-	5/18/1999
9	xanax... It is technically called an anxiolytic meaning to "lyse" anx	OpusX	-	5/18/1999
8	Xanax -- Got you, must be some kinda sleeping pill... Thanks. L.	Lucky888	-	5/18/1999
7	xanax... I just pulled a bottle off my pharmacy shelf and doublechecked it it	OpusX	-	5/18/1999
6	I say take the loss and find a better stock. Unless of course the stock is com	Daniel Miller	-	5/18/1999
5	Xanax -- Could not get that in my dict. Care to explain? L.	Lucky888	-	5/18/1999
4	Xanax -- yes that is correct	OpusX	-	5/18/1999
3	Xanax -- Is that the right spelling? L.	Lucky888	-	5/18/1999
2	Method #2 Step #1 Xanax now Step #2 Wake up just before 9:30 EDT	Bear Down	-	5/18/1999
1	Method 1 -- Dreaming Keep thinking that the stock will move your way once it	Lucky888	-	5/18/1999

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