Editor's note: This piece originally ran earlier today on our newest Premium service, ETF Profits . Click here for a 14-day trial to this exciting product!There is an old joke on Wall Street about when investors allow a position to lose more than 30%, and that security suddenly mentally transforms from a bad trade into a long-term investment. I hear the mantra that many people are long-term investors. What does that mean? Aren't we all planning to invest for the rest of our lives? Hopefully that will turn out to be a very long time.
When a Trade Becomes an Investment
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