protect capital

Have been reading, with interest, this thread. One rule traders and I mean proper traders have is "Protect your Capital" at all times. Ride the trend UP cut the loss down.

Stop losses kick in. Hence big drop in price. That is trading. The smart ones are out. Reduce your losses and live to trade again. The ones with no strategy stay in and hold in hope and emotion .......that is also trading. If you are still in, it is too late to get out and understand holders need to defend their position.

Why do prices go down......poor performance.....maybe, but the main reason anyone should buy a stock/invest in a company is the MANAGEMENT TEAM. Without them, you don't have a company.

I continue to watch, for it is a long slug back for this team.