re: "Hi, ho Silver!!!! Away!!!"*

quote:

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Russian,
What is your biggest % loss on a trade in the last 4 years?

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-15.087% on JPM in May of last year. I bought some JPM three days before the London Whale debacle was announced. If you recall, the stock dropped approximately 10% on the day the announcement was made.

I kept hoping it would bounce back but it kept falling as the Whale's losses kept growing. It finally bottomed down about 20% from its pre announcement price but I had sold a few days earlier.

The sad part is if I had just had the 'nads to hold on until now, I'd have an almost 30% gain on my cost basis + about 4% in dividends.