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say it drops big time/ is all my money gone, or do i lose it only
if i try to sell it?

2007-02-04 14:52:54 · 5 answers · asked by BluesGuitarFan 2 in Business & Finance Investing

5 answers

you only have unrealized losses. It will become a realized/true loss once you sell it at a current price or at a discount from the original price of the stock.

2007-02-04 14:58:53 · answer #1 · answered by Jamel C 2 · 0 0

Until you sell it you only have a "paper loss". There is an old trader's saying, "it's not a loser until you get out of it".
Usually by the time this is said it is too late. Try to remember unless you are in for the long run, it's best to get out of a loser right away. There is however, always a chance that you could get some back. If you have lost everything then you have nothing to lose to keep it and maybe you'll get lucky and the price will come back a bit.
Trading is usually guided by the emotions of fear and hope. Commonly it is that you fear you are wrong and hope it comes back(after it's against you).The true way to use these emotions is to hope you are right but fear you are wrong(so as to be ready to get out).
Good luck.

2007-02-04 23:45:29 · answer #2 · answered by Scott O 3 · 1 0

This could be a great thing if you bought short.

Next stock you buy let me know if they all drop like this.

2007-02-04 23:10:26 · answer #3 · answered by Anonymous · 0 0

you lose money when you actually sell the stock.

2007-02-04 23:00:58 · answer #4 · answered by stevemincer 3 · 1 0

you will only lose if you sell the stock...

2007-02-04 23:13:43 · answer #5 · answered by dr b 2 · 1 0

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