I sympathise with you Oasisman. But, for what its worth:
1. You are 6% up rather than 30% - do not consider this as a 24% loss. Big deal, the rest of the market is looking at 20% down. I think you should congratulate yourself on still being above water.
2. You are dealing in $1000 parcels which does not make any sense except long term because your turnaround will cost you 10%. So you should be thinking very long term.
3. Probably too late now, but this mix does not seem well matched to your risk tolerance. I would suggest that this portfolio would suit someone prepared to lose the lot. Or make a pile. Whatever.
4. Do not consider "Averaging down", there is no such thing - if it is cheaper now then you have lost money, buying again will not change that. Would you average up?
5. For now, I would hold tight on all fronts and put these in a drawer somewhere to reduce your stress.
6. You have been very sensible in spreading risk across 14 stocks, but this also means that your research is more time-consuming.
7. Finally, if you cant afford to lose 15K then you might consider a balanced managed fund instead of trading. MFS even...
I wish you and your investments well.
:)
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