I've never gotten wacked more than 5% on an overnight hold, but my account has grown substantially and now I'm a little worried.
When I only had $2000 in my account, it made sense to put everything into 1 stock and generally hope for the best. Now, I am nearing a six figure account and I get nervous on the overnight holds.
Is the solution options, or diversification into many different positions? I'm terrified of being victimized by something that happened to CROX. I could easily have seen myself as having bought that company near its high, only to get wacked.
When I only had $2000 in my account, it made sense to put everything into 1 stock and generally hope for the best. Now, I am nearing a six figure account and I get nervous on the overnight holds.
Is the solution options, or diversification into many different positions? I'm terrified of being victimized by something that happened to CROX. I could easily have seen myself as having bought that company near its high, only to get wacked.