Factor, I'm not sure what experience you have, or what courses...

Factor, I'm not sure what experience you have, or what courses you have done or whatever but you should read "Trading For A Living" by Dr Elder.
The first chapter is on psychology in trading and is very good reading.

I've watched two stocks in the last month dive and then bounce and atm I am sure PVE is gonna bounce from here. If some major dumping starts to occur next week, it may go as low as 29 - 32c. I'm holding now at 39c but will top up if it gets down there. Sigma and BAU both bounced. If I recall Sigma from 28c up to 50c(ish) and BAU from 31c 48c(ish) both are a bit less now of their new highs.

QUOTE from his book, "Losing a businessmans' loss (under 2% of your trading account) is normal. Losing more is like going and getting drunk, getting into a brawl and feeling sick up into the stomach".