How did I cope with losses?
Well, I have been averaging down my losing stock, but it just drops even more. At this point I’m wondering if I’m screwed, because even there are insiders selling. I’m totally screwed right? However, there’s really nothing I can do. Crying over split milk doesn’t bring back the milk. For now, I can only hold it, and focus on other stocks that have more potential in growing. I have yet to make a comeback, when I do, it’s definitely when the company makes a comeback. Therefore, it’s always good to diversify your stocks,ETFs as a few stocks is in red, you still have others that are not that volatile. most importantly do dollar cost averaging, do not put in a huge sum of money one shot as the dip might not be the dip.
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