This could be more psychological question. I had been picking few stocks like any Novice will do where look for single digit cheap & popular ones, without looking at any fundamentals. As the learning curve grows we came to know that those are junks and starting to churn the portfolio. Finally we end up in some decent ones, but still we hope some of the remaining ones will become a turnaround theme (I don’t want to be specific lets say Suzlon energy) thinking that it will turn positive.
Question would be What to do with such long term disappointments, or the ones you bought when you were complete novice especially seeing new opportunities in the market. Do we need to churn and book loss and buy a new idea.
Also, in the bull market there are lot of new themes come around and you will easily get tempted to get rid of the laggards in your current PF and go for the new horse. How to go about it