It seems obvious - but one of the keys to successful investing is to do what works. Do what works. And don't do what doesn't. Class dismissed. In all seriousness, the problem many investors find themselves in is how do you know what works and what doesn't. This reminds me of an actual conversation I had with someone several years ago who was talking about a losing stock he was in. Kevin: - Why are you still in it if it keeps on going down? Losing Stock Guy: - I don't think it'll go much lower from here. Kevin: - Did you think it would go this low when you bought it? Losing Stock Guy: - No. Kevin: - Do you think it'll go up? Losing Stock Guy: - Eventually. But probably not right away. It may still go ...