"永远不要把交易失误变成长期投资。"
— Jim Cramer
Simplified Meaning:
Sometimes people make quick decisions with their money, hoping to get rich fast. If they realize they've made a bad choice, it's better to admit the mistake and take a small loss rather than sticking with it for a long time and losing much more. Imagine you buy a stock thinking it will go up, but instead, it starts to go down. Instead of holding onto it forever, hoping it will rebound, it's wiser to recognize that choice as a mistake, sell the stock, and move on. Holding onto a bad investment can drain your resources and prevent you from finding better opportunities. By accepting small losses, you keep your financial health and freedom to make better decisions in the future.
Related tags
Finance Financial advice Investment Long-term investment Mistake Risk management Stock market Stocks Trading
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