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Posted On: 12/07/2020 2:54:05 PM
Post# of 145875
Most people using stop losses will never buy again. Stop losses are for those lacking confidence. Once triggered, they are almost always out for good. That's why we have not recovered from the summer attack yet. Even if they did plan to buy back, how would they have known to buy at $1.80 to $2.00, you are assuming perfection in buying. No one buys and sells at the exact bottom and top. If you stop trying to be perfect, you might make some money. I'm still holding every share of CYDY purchased from $1.75 to the low $6's. My average is in the $3's.
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