You always have to have a 10% mental stop loss on every day trade.
Why because if you lose 10% you can make that back on the next trade.
If the stock keeps dropping and you don't sell.
It may never come back.
Then you have a big problem on that trade.
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Stock market is basically educated gambling unless your a long term investor have patience (this generation doesn’t) DRIP 8th wonder of world. Retire early find your beach. Buy it. In meantime as they say “bet with your head NOT over it”. 🙏
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