firstly sorry to hear mate, im new to this game too (bought my first share back in september) and have some ups and some downs(more down atm :) ) I think i got in pretty much as the downturn started too. I dont have anything to add as advice but a question for the experienced.
In a situation like this where stop losses have been missed and losses are adding up. Would it be smart to say for example,
"You know what im down 30% atm and i havent lost the money till i sell the shares. So if i just turn the blind eye for the next year, when i look back in a years time i should have recouped my\most of my money"
or is that just wishfull thinking because once the bear steps up, he will be around for more then a year?
thanks.
advice needed, page-27
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