Don’t just buy one stock. I’m now down on zip but it’s one of 12 in my portfolio. Can afford to hold long term. You should think about stop losses though, lots of lost opportunity sitting on a stock 40-50 % down waiting to ‘get your money back’. When something is on a down trend, note you maybe looking at a small loss that you want to ‘get back’ but that loss can get bigger if the fundamentals are broken. If not, hold.
Take a look at kmd but careful not to fomo in on today’s rise. I sold out the other day at just under $1 based on the share price dilution in the cap raise and am kicking myself today. Down $1 k on zip and just lost $5 k in opportunity by selling out kmd too soon. Another lesson, don’t dwell too much, you can’t always pick top and bottom but you need to do your research, there are better times to buy most stocks. If a stock is running hard, there will always be a pull back.
just wish I listened to my own advice all the time.
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Open | High | Low | Value | Volume |
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1 | 3250 | 1.455 |
10 | 320692 | 1.450 |
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Price($) | Vol. | No. |
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