Common Investor and Trader Blunders

One of the defining characteristics of successful investors and traders is their ability to take a small loss quickly if a trade is not working out and move on to the next trade idea. Unsuccessful traders, on the other hand, can become paralyzed if a trade goes against them. Rather than taking quick action to cap a loss, they may hold on to a losing position in the hope that the trade will eventually work out. A losing trade can tie up trading capital for a long time and may result in mounting losses and severe depletion of capital. $Tesla(TSLA.US)$ $AMC Entertainment(AMC.US)$ $Apple(AAPL.US)$ $BlackBerry(BB.US)$