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The Tell: This little tweak to your portfolio screen could juice your returns

Traders, especially of the mom-and-pop variety, have the tendency to cling to losing positions while taking profits in the winners. Chalk it up to human nature — and the market axioms that are constantly pounded into their heads.

“Pigs get slaughtered” comes to mind.

But Jon Boorman, a portfolio manager at Broadsword Capital, LLC, says that approach often proves costly when it comes to managing your portfolio.

And he’s got a solution.

“One of the driving factors behind our compulsion to act is the profit we see in dollar terms or as a percentage return,” he explained in a post on SparkFin.

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