Overall therefore, 594 (389 + 205), or 63% of losing stocks went on to produce a return of less than 20% post-sale, with the majority of those losing money. As a result, only 352 (946 - 594), or 37% of stocks that had lost the investor money when he sold went on to return more than 20%. In conclusion, two-thirds of the time you are likely to be better off cutting a losing position.
