GREY:XEBEQ - Post by User
Comment by
Zoltar4kingriteon Mar 17, 2021 7:13pm
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Post# 32822576
RE:Congrats To Everyone That Held To The Stock
RE:Congrats To Everyone That Held To The Stock This is a good time to review your crisis risk management.we should have limits to the percentage of losses related to our portfolio and to our individual holdings and our investment knowledge tells us how to react to trigger events.Risk management is taught in a book whereas crisis management can only be experienced...this was a good example...if you're limit is to ride it out zero, you will be invited to the poker party every week.you can't take $10k to vegas and lose 20k$ that will get you a fountain view suite.for example, I will set a 40-50% loss limit per line with a review of my timeframe of ownership...to each his own.but we learn from trigger events like this which differ from liquidity events like we have seen... remember what you would next time something like this happens and act according each time...do not become the deer in the headlights...be the brake...it becomes a nice tool to have in your investment toolbox...good luck...