I have been holding onto a trade that has been in the red since last month. Despite applying Dollar-Cost Averaging (DCA) and lowering my cost price by 50%, it is still down by 1200%. Interestingly, some of my other trades have turned profitable, yet this particular one remains deep in losses. This trade has challenged both my fundamental and technical analysis, making me question my strategy.
At this point, I am evaluating whether to continue holding, cut my losses, or take a different approach. Have you ever faced a similar situation? What strategies do you use when a trade doesn’t go as planned?
