Bought at 91c and sold at 30c, lost around $5k. I don't place...

Bought at 91c and sold at 30c, lost around $5k. I don't place more than $10k in spec stocks. Funny, at 30c people on this forum were still telling me i was silly to bail out "at the bottom", lol.
Looking back at my trading history, so many of the small caps i traded have gone bust or are trading so low they are worthless. There are very few small caps that make it, most are run by money grabbing directors, they are in it for themselves not for the shareholder - it's legal theft, ASIC don't give a S#$T. CCC taught me to forget about hype on forums, that's for sure.