Delcath Systems Inc (DCTH)

[LiveLife]

Absolutely. Decide on a trade loss percentage tolerance and stick to it. If you can't take more than 5%, 10%, 15% loss etc. sell the stock.

But holding a losing stock hoping and dreaming it will rebound is not realistic - Been there and done that too many times during the past 30 years. I tell you, it sure feels better to make money than lose money.

Now, I go with the market. If a stock rebounds, I buy and sell as it peaks. No more long-term holding and hoping. No more buy and hold. Wife always told me to take profit if I experienced enough gains ... she is right. Don't get greedy or you will lose your gains.

Now I am a technical swing trader - https://stocktradingmodel.wordpress.com/

GLTA