-$5,676 Loss
BDCILong Stock

This was nearly an exact replay of my previous biggest loss. I decided this stock was going to a certain price and held on for way to long waiting for it. I had the chance to take profits the next day and about a month after I entered I had a chance to get out even or for less than a $1k loss and still didn't get out. Finally decided to do the right thing and cut my loss. Huge opportunity cost having so much capital tied up in this trade for so long. Don't average down on losers.
Newsletters:TimChallenge
Broker:Schwab
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| Date | Price | |
|---|---|---|
| Entry | 5/8/2018 | 0.0768 |
| Exit | 7/2/2018 | 0.0573 |
- Total Views419
- Position Size289,000
- Percentage-25.39%
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