My account is currently down over 20%, LOL
Created at 12.**.211.18 2,682 5 0

A week ago, it was down 15%, but today it's over 20% down. The saying "cut your losses early in a bear market" really hits home now.
My losses are so big now, I don't know what to do. I don't have any cash to buy the dip, and even if I did, I'm too scared to buy because it might drop further.
QQQ seems to be down over $100 from its high point... Isn't that a significant drop? But then I saw another post saying SPY is only down 7%, which is confusing.
I'm currently down 20%, but will this bear market only end after a 50% drop, halving my investment?
Ah... I really don't want to live today. I see no hope.
 

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Comments 5
69.**.232.91
It's a difficult game!
28.**.127.255
You don't want to live on *that* much money? With that kind of mentality, you should quit stocks.
158.**.178.213
I should have subtracted 30%.
167.**.89.13
That's not bad.

In stock trading, you can experience losses of -50% and gains of +50%. Accept this and strengthen your mental fortitude.

If you don't sell, you haven't lost anything.
12.**.211.18 (edited)
If you don't have a plan to get out of the market or a plan to cut your losses, then during a bear market, don't check your account frequently.
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