$Imperial Petroleum (IMPP.US)$ This is an example of what ...
$Imperial Petroleum(IMPP.US$
This is an example of what amateur traders do. I see this often. Initial buy: $2.70 Stock drops. Doesn't respect $2.52 stop level. Holds. Stock keeps falling. Buys more at $2.35 Buys more at $1.80 Still holding at $0.90 What should have been a 8.3% loss is now a massive loss.
This is an example of what amateur traders do. I see this often. Initial buy: $2.70 Stock drops. Doesn't respect $2.52 stop level. Holds. Stock keeps falling. Buys more at $2.35 Buys more at $1.80 Still holding at $0.90 What should have been a 8.3% loss is now a massive loss.
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Don't be blinded by emotions. Trade rationally.
Holding doesn't make one rich.
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