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<p>[QUOTE=&quot;andrew289, post: 714958, member: 6463&quot;]Interesting debate.</p><p>&nbsp;</p><p>If the guy didn&#039;t sell at 10:00 am ...and then went back at 10:05 to sell, what if the offer to buy was not $1,000 but $980 as the spot price went down during those 5 minutes. The profit would have been $480 and not $500. You don&#039;t have a profit until something is sold. Conditions change every minute.</p><p>&nbsp;</p><p>There is also no loss until you sell. I had a stock that I bought for $5,000. I wanted to sell but the price tanked and it was only worth $3,000. If I had of sold, I would have taken a loss...but I didn&#039;t ..I thought it would go back up. I waited another 6 months. The stock went down to $2,000. I needed some money so I sold and took the loss. Had I not sold and the stock went back up to $5,000 or even rose to $5,500 and I sold, I would have made a profit of $500 instead of taking the loss.</p><p>&nbsp;</p><p>People have free will and when a person decides to sell has nothing to do their percieved profit or loss. They can read the balance sheet and they decide when to sell. If they sell when the item is worth less than they payed, it&#039;s their decision. It&#039;s up to them to decide wether to take a profit or a loss.[/QUOTE]</p><p><br /></p>

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