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 has already been incurred and by not unwinding they only fool themselves with a false uncertain hope. Its true that they bought and hold the portfolio in good times but... . Similar is the case of relationships. Sometimes its better to accept the reality. The discussion of breakup starts only when the situation is already out of control !