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Re: Huggy Bear post# 30280

Wednesday, 09/13/2017 7:26:49 PM

Wednesday, September 13, 2017 7:26:49 PM

Post# of 61903
Nobody is born knowing money management. It has to be learned. You have to risk what you can afford to lose. It doesn't hurt to use loss limits, although I myself don't always adhere to them as religiously as I should. My guess is most of the retail positions taken in this stock could have been liquidated fairly easily at acceptable loss limits. That's the real problem people run into with pinkies, in my opinion. If you get in late, you have to get out early. You can always try again at a lower price. Those who buy at higher prices have a different investment than those who buy at lower prices. Them's the facts.
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