stocks go up and stocks go down. if you sell a s

stocks go up and stocks go down. if you sell a stock every time it dips down 10% you will end up with a long list of stocks that you've lost money on. i dont see how there is profit in that game. the likely outcome is a slow and steady loss of investment dollars. instead of it happening at once it will slowly erode over time.

there are no broad sweeping rules to put all stocks into. i've bought some risky stocks and i knew it. when they went down i was scared and sold. like you, instead of loosing my ass i only lost 10 to 20%. but then i've had stocks that i felt really good about and i weathered the storm, didn't sell on the 10 or 20% drop, and held. many of those turned out to be good for me. RMHB is one of those stocks. what makes a good investor is the same as what makes a good poker player....knowing when to hold or fold.

since no one has a crystal ball, timing the market is tough. knowing when the bottom or the top price of a stock is unknown. the conventional strategy is to find a stock you believe in, buy it when you believe the time is right, and hold it. and of course, there are day-traders who are only in a stock for the duration of the volatility and that is a whole different strategy there. one needs to decide what strategy they are using. flipping back and forth from day-trading to long holding depending on your mood is a recipe for disaster...or should i say it didn't work out too well for me. i gave up on it and decided to buy a couple of stocks and just stay long. my looses disappeared and now i only have gains.

but....hey, i'm not expert. i only know a few tricks and i do wish you luck.