If its any consolation at all, I've made some pretty big and costly mistakes and it was only in retrospect that I learned from them (mostly because I was always a wizard at trading and couldn't buy a mistake if I tried).
To this day I remember my first bad trade. Man it went bad quick too. Humbling and costly is how I'd sum it up.
Throughout my trading career I'd make a mistake here n there but it wasn't until late in my career that I made my worst. Though not catastrophic, it was a mistake that was caused by arrogance and ignorance. A tough pill to swallow for a seasoned vet.
Now... I'm still a lil arrogant and a lil egotistical but... (Don't take my word for it... Ask Wilma)
Walking away from UBRG stung but I got to tell you, down the road when this stock is much lower you'll breathe a sigh of relief that you sold.
For what it's worth I am sorry you lost some money. You seem very smart and I'm sure you generally excel in your endeavors...which means you'll excel again, maybe in a better timed buy of UBRG (or whatever they're calling themselves down the road) or in a different stock.
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