When I get hurt in the market, I get out immediately, regardless of where the market is trading. This is because once you’re hurt, your decision-making becomes less objective. Staying in a market that is severely against you leads to emotional and irrational choices. If you don’t exit, you’ll eventually face even greater losses. Recognizing when to step back is crucial for maintaining long-term success and protecting your investments.
The Importance of Exiting the Market When Hurt
