$LQR House (LQR.US)$ this is a perfect example of why retail...
$LQR House (LQR.US)$ this is a perfect example of why retail will never win. I got in this at 1.03, which I thought was a great entry point with the share buyback and all. Then it started to go down and I could have sold at 1.00, but I held. It goes all the way down to .17, and I held. Today , I have the chance to sell at .50 and at least get half my money back, but again, I held. We retailers need to learn to get out of bad plays faster. We hold in the hopes that stocks will go up 200%, 500%, and to the moon, but in reality, we're kidding ourselves, and we just continue to lose. I guess I'll count myself lucky. I'm only in this a few hundred, but I have thousands in other bad plays, just holding.
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Emotionless : yeah and we need to ignore going to the moon, buy the dips, last chance to get in at this price, moass, shortie getting scared, short squeeze, and all the other pump and dump tactics.. im only down 20 bucks but its still a lost and ill eat it to not use a daytrade. Oh and that rule does nothing but hinders us also.
jay-vee : i learned from amc brutally. no such thing as the moon, it'll either happen or it won't. no such thing as holding and waiting for margin calls. market is rigged and if the rich will lose money you should NOT bet on that because they will find a way to screw you by making you think that. they will make it stop when they want and they'll buy back when THEY want, not when the rules say. with this mentality, I've already made 1k in two days. dont let dreams of going to the moon continue to make you a bag holder. goodluck man, i was you once, too. you will also learn and you'll make your money back.
Trytosaveabit Emotionless : Yes the DT rule here is one of the things I hate! I have WB also and as long as I have/use cash account! I can trade as much and as often as I want! They should do that here! But they don’t list cash account even if you don’t want/apply for margin account! Grrrrr
Jaguar8 : Buy during dips
coriejean : I started when it first came out at $5. I am so lucky I DCA since but it was brutal and scared I was gonna lose a lot of money. Today was the first time I had the chance to get out positive, but I have learned my lesson I hope.
Trytosaveabit coriejean : Nicely done![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Meticulous Trader : Try not to ever hold maximum more then 3 rd trading days after 1st buying day best way to hold is never hold instant buy and sell within minutes maximum couple of hours