Portfolio unwinding and breakups

Post date: Jan 16, 2011 5:58:25 PM

When market conditions and prices go against portfolio, some traders say 'I can't unwind my portfolio at this time to take a loss...'. But in reality, the losses have already been incurred, and by not unwinding, they only fool themselves with false uncertain hope. It is true that they bought and held the portfolio in good times, but... . Similar is the case of relationships. Sometimes it is better to accept the reality. The discussion of breakup starts only when the situation is already out of control!