I've never used stop losses, my strategy has always been to buy...

I've never used stop losses, my strategy has always been to buy in low and wait. As I was always under the IPO price I wasn't overly concerned, I have been down more than 50% in the past. And there were encouraging words along the way by a reliable source.

Admittedly, I was going to dump the lot around 2.6ish and walk away with about 20kish. Although, someone said I should never sell into weakness. Having said that, I take full responsibility for my actions and whilst this loss will wipe-out the majority of my ASX gains this year, I have made gains in another market place. So I will survive and It will be used to offset some of those gains I end up declaring.