Fair disclosure

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.
 
What was my mistake? Low volume stock.
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.

Exactly. My post is basically for newer traders for the most part. Most of the experienced traders here dont need my advice.
 
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