Friday, January 16, 2009

Realizing Losses

Now that I think about it, thanks to Phil Pearlman, the concept of realizing a loss is crucial to our understanding of market trading. We always talk about taking a loss, but realizing something is not quite the same thing as taking it. The first involves accepting that one has incurred a loss; the second suggests suffering it. Here is a link to Pearlman's post.

No comments: