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Re: GreeseMonkey post# 15666

Friday, 02/17/2023 8:24:21 PM

Friday, February 17, 2023 8:24:21 PM

Post# of 20434

"I promise not to blame the CEO and whine for a decade if my investment doesn't work out."



I would rather be inclined to call it an educated bet....and a bad one.

Everyone trading stocks should have an exit strategy in place to protect 80 or 90 % of their expenses.

"Don't be afraid to lose" is the strategy. You assess your comfort zone on each of your holdings and set a limit to yourself on where and how to get out if things go bad.

The trick is to get out with something rather than following it down.....
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