>1.) the biggest thing you need to know is to never sell at a loss.
oh look, a retard giving advice.
Help me not work ever again
Henry Martinez
Logan Richardson
it's basic logic?
Ayden Williams
Heard this a few times before. Only thing I don't get is why do you need money forever. If you instead planned to go broke at age 120 or something, wouldn't you need to accumulate far less money? You're not going to live forever, and once you're dead you don't need to still have those 500K invested.
Brayden Price
>you bought ford at the top between 97 and 01
>it's ok user, never sell at a loss, baghold for eternity
Kayden Cooper
agreed with 2 and 3 but not 1. Use stoploss OP! Stoploss is not a tool to sell at a loss, it is a tool that can tell you "Hey your analysis was incorrect, how about you take a rest and reanalyze the chart?".
Reminder: Asset that is down 50% needs to increase 100% to breakeven.
"Never sell at a loss" only works for investing, not trading. In trading, you need to sell at small loss now rather than a big loss later.