$Grab Holdings (GRAB.US)$ I can only do DCA. too high to cut...
$Grab Holdings (GRAB.US)$ I can only do DCA. too high to cut loss
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GameOverBro : bro don't DCA stop loss and watch le don't throw good money after bad
102315873 : Or you could just not buy the stock anymore and stop trying to DCA? If selling at a loss is too painful, at least don't dig a deeper hole for yourself. This is how people ruin themselves financially.
StockKing888 : Agree, just hold and wait if cannot cut loss, don't buy more, I am with you, suffering huge loss.... It will be better to use ur money to buy other share with good prospects
102315873 : And I truly hope you didn't borrow money to invest. I'm not comfortable at all with how easy moomoo makes it to trade on margin. I suspect a lot of people are doing so without really appreciating the risks involved.
dwarrior OP : I didn’t borrow. I still believe in this company. So will definitely hold. DCA at certain price not daily.
JunkIsKing : DCA should be done for a uptrending stock. New ipo stocks takes couple of years before uptrending. Grab should be profitable by 2023 if I’m not wrong. So u might see a increase sooner. But take note 3 months after stock release initial investors will be able to start selling a portion of their stocks. So u can expect to see a drop then. I suggest hold till then and sell even if u are at a loss.
doctorpot1 102315873 : yea the 1929 stock market crash was because too investors all leverage to the tits. all borrowing money to play stock market and one downturn only whole market crash cause everyone kena margin called.