Received 3 Karmas
MBrandt
MBrandt Oct 22, 18 12:57 PM

You said today, 10/22/18, that you were down -40K$ a couple months ago. What did you do besides cutting loses quickly which you mentioned today, that turned it around for you? What did you have to change about your mind set? Thanks

StockPiln
StockPiln Oct 22, 18 1:00 PM

I stopped guessing and hoping the stock would turn. I had to tell myself "Its okay to lose a little" and stop being dumb. Do not blindly follow ANYONE into a stock. Don't set a "limit" on a buy or sale. Many times I would set limits too high and they would never get executed and I would lose even more trying to get out of it. Just do market orders!

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