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Remember. If you buy a junk stock going higher you know it will always come back down. But if you buy a junk stock that's falling for a bounce. Better have a stop loss because it doesn't have to go back up. Can just keep dropping and if you don't have a stop you can lose a lot.

1:12 AM · Nov 22, 2021Twitter Web App

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I lost $19,000 by holding and “hoping” it would bounce. 3 days later I was down 19k. This was at the beginning of my trading career. Now I will never let myself fall below 10%. Some trades I’ll only risk 1-3% tbh.