Losing 20k is a statistical noise for some of us. Won't even bother to look at. Absolute $ amount doesn't mean much like others pointed out, drawdown % vs max expected does.
Point of the thread is that he made a mistake and traded a low volume stock and it blew through his stop as a result. It’s not about his financial loss.
So you are saying you will stop trading low float stocks? What about a thick stock gapping on news? Sh*t happens all the time, doesn’t necessarily means it’s a mistake, imho. Now if you position size it assuming sh*t doesn’t happen, that would be a legitimate mistake.
Point of the thread is that he made a mistake and traded a low volume stock and it blew through his stop as a result. It’s not about his financial loss.