RE: IAG shares22 May 2021 21:38
Yup, it NEVER a good strategy/idea to have all your eggs in one basket.
I learnt that VERY hard way some time back, lost a small fortune because I bet the wrong horse. Live and learn. it was a very hard but valuable lesson for more.
Trading is a numbers game, so you have to be willing g to accept that not every trade is going to be profitable.
In the current market it's easy to get Carried away thinking these BIG company will recover nit NOTHING is guranteed.
It's better to hedge your bets across multiple companies to gain a modest return then to invest in one that looks like a cash cow and loose it all.