I think everyone here is familiar with this in one way or another. And most of them then say, "A burnt child shuns the fire" and don't touch the stock once the rapid loss has been realized.
When about 2 weeks ago the good @Epi presented the idea of entering Natural Gas on a leveraged basis, some people, including myself, followed suit. What happened was that it went down and at least I quickly closed out the loss of almost 20%. Then it continued downwards. And then the crazy multibagger thought to himself (only cowards learn from harm) 😂then go back in. No sooner said than done! And now I'm 32% up and have already more than compensated for the losses of the first trade.
The point I'm trying to make is that a good idea can also be right if it doesn't work on the first try.
