Every month I summarize my top percentage losing tickers and decide if i need to do anything about it.
As a true long term stock investors, I barely sell any of my stocks. I literally did 3 big trades last year, sell msft out, sell qcom out and sell amat out. two out of three are dead right, and one is dead wrong (amat). amat is a smaller scale sell but biggest percentage opportunity gain.
Interestingly, all my last year top percentag losers have v shaped recoveries.
lly, mrk, lnth, psx, cop , slv, fcx, ldos,
those once 50% off guys have all become largely above water. All except lnth is a little bit under water.
baba and bidu have massively recovered and are doing great. still underwater coz wrong entry time in 2021.
My new top percentage losers are
zs, -36% off
netflix -29% off
crm -32% off
rddt -22% off
ibit -18% off & 32% off
bidu still at -46% off
baba -28% off
Never thought netflix becomes my top loser. And still has no signs of stopping bleeding. i bought it for safety and it did the opposite of safety. Amzn started behaving like netflix. wb is such a bad move that it probably becomes netfli’s long term inflection point. it’s such a bad sign and didn’t even notify stock holders properly..
for zs and rddt, i don’t even worry about them coz both are doing well in growth perspectives. and my positions kinda small in them. so i can keep adding if they are further down.
Anyways, the point i’m trying to make is, don’t scare yourself and panic sell. bottom fishing can work. find the great companies that you are most familiar with. Don’t believe in the 7% cutoff trading loss cut system. it is broken in this crazily shifting market. you can see massive moves in a single month.
hold on to the losers if you are truly bullish on them. they will come back. reduce your trades to achieve more investment gains and don’t do anything is the hardest thing in equity market