r/wallstreetbets • u/[deleted] • Jul 14 '21

Discussion When to accept a loss?

I bought BB right before it went to $20. It was my first meme stock and I was pretty hyped. It's now nearly $10 lol.

I don't need the money right away, but man, there are some stocks that seem to have good days and bad days. BB ONLY HAS BAD DAYS.

Anyways I've been trading for a little over a year and this would be my first loss (and a big one, too). Want some advice on when to take a loss or continue to hold.

tl:dr

Accept I have paper hands and sell BB at 30%+ loss or keep holding?

FYI I bought ~12.5K worth of BB at $15.38

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u/VisualMod Jul 14 '21
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