50in50 Week 44: Back on the Horse cover art

50in50 Week 44: Back on the Horse

50in50 Week 44: Back on the Horse

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 This piece is in response to three questions I am very often asked by younger traders: “Is it OK to get back into a position after you have been stopped out? Is it OK to add to a losing position? Is it OK to move your stop loss on a losing position?” My answer to all three is mostly “NO!” But there are times when these three normally-destructive behaviors can be appropriate.
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