Investor Help (NO Ihub questions)

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Learn and practice good risk management in your portfolio. Plenty of good resources on the topic can be found. But basically, it is not necessarily your winning trades that keep you in the game. It is managing your risks. That includes such key practices as taking small losses before they become larger, and also not investing more than a small % of your total portfolio in any given stock or investment. Many professionals don't put more than 0.5% - 2% of their portfolio into any single investment. And some prefer to divide that small % into a few different "legs". So if you have $100k and you want to invest in XYZ, you'd not put more than $2k into XYZ. And you would not put that $2k in all at once in one single trade if you were the type who likes to "leg into and out of" trades. You might put $700 in your first leg, then $700 more at a later time, then finally your last $600 in a 3rd leg. Read up on various tosk management approaches. Most include also a defined point at which you will take profits.