RE: I'm in the doldrums4 Sep 2018 18:38
only lose if you sell. Dont sell
You need to change your strategy mate! when the market is bad, If you don't sell, you will lose more. Not sure whether you are an experienced trader, have you ever noticed most of mining stocks fell from £10 to £1 couple of years ago when whole sector was depressed? The reason to sell now and wait for bargain is :
1> Market is already too high!
2> With Brexit on the cards, FTSE 100 not going to go up even though US markets will continue to be higher!
3> We are on September, worst month for stocks as generally market is at peak during this month
4> Trump stupid trade war.
and other factors!
We are lucky, the stock price is still at 163. There will be more severe drops to come with the current market condition.
Good luck with your holdings!