$Quantum Computing (QUBT.US)$ it has dropped so much, should...

10baggerbamm : so not knowing anything about you this is what I would suggest number one you have to decide why did you buy it did you buy it just because everybody else was buying it and the stock was going up and you thought you'd make a quick buck?
did you buy it because you like what the future potentially will be over the next 3 to 5 years in quantum computing and this is one of the companies that might be on the forefront of The evolutionary changes that take place?
if it's the first one you're probably screwed if it's the second one if you're 3 to 5 years horizon you don't need to buy more an average down because if this niche of quantum computing evolves and this company becomes even a name within the top 10 globally the stock's going to go through the roof the revenues will go up precipitously they'll generate an immense amount of profits and you'll make money even if you were the one of the guys at top tick the stock in the rally.
so this is why you have to know why you invested in a company and you need to have a time frame when you make an investment and also if you bought it for a trade and went against you you need to understand what a stop order is and when you should use it.
good luck in your decision whatever it is

jingkaii09 OP 10baggerbamm : thank you so much for your advice, really appreciate it… i’m looking for long term

10baggerbamm jingkaii09 OP : I suggest you get on X follow the company follow the CEO go to their web page sign up for all their email alerts and get immersed and understanding of what this company is truly doing every time they provide you an update

jingkaii09 OP 10baggerbamm : alright, besides that, do u buy anything for quick bucks… i wanna earn some while waiting, just trying to

10baggerbamm jingkaii09 OP : making a quick Buck is a high it is a drug and the minute you do it you're hooked. the problem is you become so myopic that you step over dollars to pick up pennies.
you become the type of person that if a stock is $15 and you sell it for $15 and a half in 5 minutes you won't buy it back again unless it's lower than where you sold it because there's a psychological issue of paying more than what you sold something for. this is going to cause you the greatest amount of losses when you look at the big picture and the greatest amount of regrets by trying to day trade.
my suggestion take it with a grain of salt but this is what I try to adhere to although I will tell you I have deviated and most of the time the results are not favorable.

10baggerbamm jingkaii09 OP : pt 2
once I find a company that I want to build a position in I'll make my initial investment upon confirmation of a positive quarter higher forecast in revenues I'll buy more and I'll build a position that way over time because great leaders require time to execute a business plan.
around that company that core holding I will trade it in any trades that I make money I leave all my profits in the stock.
this is approach that I do and it appeases the trading beast that lies within by feeding it that short-term trade drug in order to keep it at Bay. and it also permits your core position or core positions to grow because you keep adding more stock to the holding as a result of positive successful trades.
additionally the advantage of this approach is if the trade goes against you ordinarily you need to adhere to a disciplinary stop loss maybe it's 7%, which is William O'Neal from investor Business daily would he recommends maybe it's 30% of the dollar amount of your last successful trade that way you're always still net positive and your last trade didn't result in your account position going negative because you made $1,000 on one trade and then you lost $1,500 on the next now your net $500 in the hole.
so if you trade around a core position and the trade goes against you you don't need to put a stop loss in because the fundamentals of the company ultimately will result in a higher stock price.