From my experience...2 Sep 2019 19:43
Hi everyone, I started to invest/trade since 2009 at the time when the financial market was crashing and I invested mostly in FTSE100 like barclays, lloyds, glaxowellcome...and made a bit of money. But since 2011 I concentrated on aim market only because I wanted multi-bags...and up to about 3 years ago I lost about £150K so I decided to stop trading/investing until now. The lesson I learnt over the years was that if I was not greedy like sell if I made 20-30% profit or sell if I lost 20-30% then I believed I would still in profit or would not have lost a lot of money, many times I was in 100% profit but did not sell because I wanted more then slowly all my profit disappeared and got in deep red .
To be honest, I do not expect a FTSE200 company to have lost 90% in value within one year but I bought in few days ago based on a recommendation from my friend. I have seen many posters on here in like 90% paper lost, it reminded me of the days I was in the same position like many of you here....
If I have an advice for anyone on here then I would say do not sit there and watch if you are deep in red, move on and look for better one. I mentioned on here few days ago that I bought in at 269 and today I bought some more at 258, but if this one drop to 250 then I will sell and move on, in one year this company has lost billions of £££, it cannot be right. I wish you all the best with your investment.