Great day $63k now $51k up from $41k $22k loss now only $12k. The newbies can learn valuable lessons from losses this substantial
1. Don't buy into the hype of the first day when the pps is already up several hundred percent.
2. If you violate rule 1 and do buy the first day and it goes up several hundred percent sell with a profit.
3. If you violate rules 1 and 2 and the pps drops till your flat, SELL IMMEDIATELY.
4. If you violate rules 1,2, and 3 and the pps drops below what you paid for it. SELL IMMEDIATELY THE TRADE IS NOT GOING AS YOU PLANNED. Take a small loss. You can always buy back cheaper. And with more shares.
5. If you violate rules 1,2,3,and 4 look in the mirror and say I'm a stupid bagholder and this sucks and I don't ever want to be a bagholder again.
6. If you violate rules 1,2,3,4 and 5 you need remedial bagholder training and should consider Mutual Funds.