Yahoo Question
How do people lose money in stocks?
It doesnt make sense. If you buy stocks for a certain price and the price goes down, why would you sell it. Cant you just hold on to the stock you bought till the price get to higher than what you purchased it. I really dont know much about stocks please help me.
Answer:
It's greedy and panic that make people lose money in stocks. It's the timing that you entered into the stock market. Some people don't know anything about fundamental and technical analysis then join in. Stock price might go lower and lower, and never reach back to its high. There are so many examples; such as the banking stocks: BSC.
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