Received 43 Karmas
RichieRichW
RichieRichW May 13, 8:19 PM

Jack, this lesson brought back some of the most painful memories I ever experienced trading stocks. I've been caught like that as well, but I just ended up becoming a bag holder for about 6 months. I was long the stock and it moved against me but I was full of "HOPE" that it would come back and I would get my money back. Well it never did come back and ended up going all the way down to the .oo5's then .004's and so on and so on. The thing is that I got into it at the .20's and it ran all the wa

Jackaroo
2
Jackaroo May 13, 8:24 PM

@RichieRichW what a story... sorry to hear man. It really all comes down to cut losses quickly! Add to winners, NEVER losers, and never hold and hope.

jcash3485
jcash3485 Jul 21, 6:00 PM

Jackaroo I took a major lesson from this video. Thank you for sharing, this probably made you a 10x better trader then you were before, and to man up and recap it and make a video of it for others to learn from is class act!!!!! You already knew what to do and now I bet you will never forget it. Probably one of your greatest learning lessons that sharpened your skills even better for the future. Thanks again man!!!!

drog
drog Sep 28, 6:13 PM

Thanks Jack for sharing

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