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I've had stocks that I lost money on that went much higher after I sold for a loss. Then I've had stocks that i sold for a loss that just kept tanking. A lot has to do with how the major market is doing. For a losing trade to come back anytime soon. You need a bear market rally
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What do friends think about this below? This is debatable. Are you talking about $APPL? Or a small stock? You don't want to throw good money after a bad trade. It can easily go even further down. twitter.com/ChrisB0950/sta…
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As far as small stocks, well if an investor is committed to a small stock during a BULL market then sure, better have a good reason. Otherwise, nope, not the time for someone to hold small stocks speculatively because next thing you know reverse split, offering, delist etc.
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I mean that happens even during bull markets. If you're one of the lucky ones then your stock gets pumped and you get to exit. But at that point it's a gamble.
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