Business, Legal & Accounting Glossary
Situation where investors and traders find themselves making a loss or very small profits when they continue to remain in a profitable position expecting to make a higher profit, or in a loss-making position expecting to reduce the loss. Timing the market is a very difficult task and the overstay that usually results can be avoided by making an appropriate exit even with a smaller profit or a small loss.
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This glossary post was last updated: 16th November, 2021 | 0 Views.