I will wait if the company stock belongs to blue chip stocks. But if not, then I will sell my shares. Blue chips tends to recover faster and they are stable so no worry if there is a loss of 21%, in investing patience and discipline are required + skills and knowledge.
I would have used the recommended stop-loss system of selling at 5 or 10% from the peak. So would have lost no more than 10%. Sell now, and learn the lesson.
If you think 21% loss on the time , but other site you earned up to 21% , then you sell.
Experienced traders would have followqed their trading procedures and would have gotten out when the stock dropped
8 % or 10%, no trader or experienced investor would ride a stock down over 20%
Industry experience
sell, and never hold a stock again with that much of a loss?
Find out the reason or the reduction. If the same trend is likely to continue better to sell and come out of the loss.
It depends on what type of stock you are having if you have fundamentally strong stock then you should hold otherwise sell
I would sell. I have done it several times and it always came back up after I sold. The stock market is not my thing. I do it backwards. They say when it is up sell, when it's down hold. That is not easy to do, because we always think there will be a crash.
However, for what it's worth, I am expecting a huge crash in the near future. We have government run amok.
Totally depends on the quality of the stock, it's earnings and future prospects, etc. If you bought it for a specific reason and the reason hasn't changed, keep it. If you are a trader, you're just gambling and you can do whatever makes you feel good.
If the reason you bought the stock still remaims true
in your eyes, then hold on. If not, sell it.
I would first determine why it went down and if it might possibly go up soon.
Buy more
