When people exit losing trades based on price it is called a stop loss. It’s not a contest of pride, it’s a game of logic. Hodl ain’t a strategy if 2018 #ltcwinter did not already teach you that lesson. #Riskmanagement wins but pride & ego will kill you in life & markets 👁

I’ll still be around, at $3k, $2k, or $1k. I’m a dedicated lifer. If people exit based on price, they really aren’t committed 🙂

— Alan Silbert (@alansilbert) January 13, 2019