Read? No One Can Teach You Conviction. You need to Acquire It Yourself
Ask any retail investors who have average down their stocks until recovery to break even is near impossible. Are they ever short of conviction?
Uncle8888's money management and risk management limited exposure to any single stock to not more than 10% of his total capital since inception in Jan 2000.
From the chart below; where is his conviction over the last 18 years?
Hoot tua tua or Let it be and then tua tua?...