The Virtues of Panic Selling
We are often told that it is a mistake to "panic sell" a position that is acting poorly. I'm not so sure that is true, but it depends on how you define the word "panic." If you panic for the right reasons at the right time, it can be an effective approach.
The folks who use the term "panic sell" are usually thinking in terms of valuation, and they conclude that anyone who doesn't recognize the value they see must be acting emotionally and making irrational decisions. Sometimes that is the case, but often there are good arguments for what others might say is a panic sell....222 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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