I see all the time people losing money on the stock market, especially day traders, and I always think “Why sell?”
Perhaps I just don't understand the stock market (which I don't I just started learning 4 days ago) but if I were to buy 10 shares of APPL for $100 each and the amount drops down to $80 after I make the purchase, I see so many people just take their loss and go. Why don't they just stay in until their investment hits a profit especially if their investing in a trillion dollar company like APPL or TSLA with good volatility. I understand if the company goes bankrupt suddenly and you want to take your money out but otherwise I just simply don't understand.
Someone please help me clear this up.
Leave a Reply