RE: Held even with a 5 figure loss26 Apr 2021 18:19
Lesson learnt for many here and lessons to be learnt.
I've been trading shares for about 10 years and what I've learnt is that patience is key at times. If buying a stock and selling at a big profit that many expect in days /weeks everyone one in the world would be doing it....it aint that simple. I've been in some stocks for 3/4 years ( dropped significantly ) but are now recovering and soon to be in profit.....but held and didn't panic like many here and on other stocks have done.
Some stocks are long term holds. Saying that, i'm kicking myself for not selling at £11, but my average is only £3.27. I'll be patient and exit when the time is right for me £8-£10 hopefully.