blurt out as I check the zennies left in my account. A sign that I've been trading in and out of the markets with considerable volume.
Most people would panic at the sight of a 4-6 figure loss. But it shouldn't be about the value. Focus instead on the percentage of gains and losses. A 250k loss that is -2% is small compared to a damaging blow of -50k that is -10% of a trader's port. It's just a matter of perspective.
Taking on these high risk stocks with 6-7 figures is quite easy. But with 8? It takes a special kind of crazy. These are my defining moments as I challenge myself to this weight class. Balancing a versatile trading system with volume while trying to keep the right state of mind.
If there's one thing I've learned on these kinds of plays, either you get in early or you get out quickly. Time to test my limits.