Trading stock is hard, and your experience shows it. Selling at...

Trading stock is hard, and your experience shows it. Selling at a loss 83 times in one year requires conviction. But selling at a loss, admitting you made a mistake gets you the opportunity to work out what happened, reassess and try again. Hopefully you win more than you lose, but those averaging down here have just kept losing. If you do hold 1m units, selling them could be tricky without collapsing the price.

The pump crew here have watched their stock fall 99% and not sold, many are sitting on 90% losses. While ranting and drooling like dogs they howl at those that got out with much smaller losses. One guy sitting on at least $100k in losses (of course you haven't lost anything until you sell, LOL) being critical of those who have taken their loss and turned it in to profit elsewhere as a bad strategy. Presumably knocking back the Bunnings bottom shelf stuff makes this seem logical.

Good luck with your trade, after a month here you may see why I stick around. The entertainment is huge but there is also a lesson in not falling in love with dog stocks and refusing to let go, if there was a Stockholm Syndrome for defeated holders, this would be a case study for it.