RE: Put your money where your mouth is10 Sep 2017 10:04
Frank - there's different types of investment one can make in a company. Sometimes it's directly financial (a long / short position). Sometimes it's more indirect (paid to talk about the company, either officially or less so, by other parties with an interest).
And then there's emotional investment - sometimes relatively benign in the form of a genuine interest in the narrative of the company, or because there's an enjoyable social element to discussing that company. Sometimes it's less positive though, where stock investors understandably - most of us are human, after all - want to try to make ourselves feel better over our past personal investment decisions that went wrong ("it's not my fault, it's that wicked CEO, he made me invest!!!!), or try to keep a cheery face despite the ship going down ("It'll come good, I know it will, I don't need to tell the wife just yet").
Therefore you can understand failed investors who are sitting on big losses not wanting to disclose their current or historic holdings and we should respect that. It's a tad embarrassing to say you only have a couple of hundred quid of stock left, I see that.
As a tip, when I've made trades that went against me I don't leave the rump of the position live. I sell it. If nothing else you really don't need the reminder of your error on your portfolio as it can niggle away at you emotionally, meaning that you end up expending time on it (an act that will make you no financial gain and is thus economic madness) and doesn't help you emotionally. Take it on the chin, learn something from every trade, but move on - and with that you'll slowly but surely become a better investor than the people your competing against, and you'll start to be on the right side of trades increasingly often. If you don't learn and adapt - wh