I don't hold bags unless l thi

I don't hold bags unless l think l am going in at the bottom for a stock that is going to be a bagger like SEA at $35 in recent months. If a trade don't go your way, just cut the loss and take the hit. No point holding on for some miracle to happen. That is why l prefer to trade options rather than shares though l do both. The timeline is very useful to ensure you face the reality of a loss head on be it a 100% loss.

A Bagholder Forever? Which Stock May Never Recover?

Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend". For example, those bought First Republic Bank and Silicon Valley Bank during the bank run; Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week) Or perhaps those who bought Vinfast at its peak last year? ---------------- Which stock is your longest losing friend? Share your bagholder experience together? What lessons do you get from these stocks?

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VictoriaArthur
03-26
VictoriaArthur
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Let's talk about your longest-lasting \"losing-friend\". \nFor example, those bought First Republic Bank and Silicon Valley Bank during the bank run;\nOr those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week)\nOr perhaps those who bought Vinfast at its peak last year?\n----------------\nWhich stock is your longest losing friend?\nShare your bagholder experience together?\nWhat lessons do you get from these stocks?\n\n","image":"https://community-static.tradeup.com/news/235b9f65af5e85341888f3a2d7cd2d05"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>I don't hold bags unless l think l am going in at the bottom for a stock that is going to be a bagger like SEA at $35 in recent months. If a trade don't go your way, just cut the loss and take the hit. No point holding on for some miracle to happen. That is why l prefer to trade options rather than shares though l do both. 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