Submitted by United-Display-386 t3_10nv1vn in wallstreetbets
Baconstrips96 t1_j6bh66n wrote
Reply to comment by United-Display-386 in How many % do you often set for cut loss? by United-Display-386
Just found that in my experience 15% down from when I bought in means my due diligence and decision was wrong. And most likely will continue to plummet. Obviously it depends what the play exactly is. But for the most part once it hits that point that’s where I’m comfortable backing out.
United-Display-386 OP t1_j6bhs4z wrote
I like the sentence “ the most part once it hits that point that’s wheee I am comfortable backing out 🤓”
Baconstrips96 t1_j6f26zc wrote
Better than “I sell at 98% loss” 🤡
United-Display-386 OP t1_j6ftbd6 wrote
Yes I understand this feeling
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