I'm NOT saying to stay away from stocks. I'm saying if you are going to hold a loser down 50-80%, the risk is not worth the long term average return of 9-12%. If you are going to bottom fish stocks when they're down, buy the $SPY. There's no such thing as a safe individual stock!
So far my newly opened positions are working well on balance. On Friday I nailed down some decent +30% profits in some of my oil stocks. Still seeing setups. Been adding names pretty much daily. https://t.co/7NiHKuPACd
I see alot of people talking about getting into options. I just have to say, if you cant make money in stocks, you wont make money in options. Just sayin....