https://www.bloomberg.com/amp/news/...lpha-ii-loses-money-for-first-time-since-2000 I've also read stories about Soros losing at times. The difference is that they control so much money that even if they make 15% on the year, that amounts to billions in profits.
If you control a fund with $160 billion in assets, and you make 20% on the year, then you made $32 billion that year. Perhaps you or I could make 20% on the year (especially in a year where the S&P does well), but we don't have $160 billion of other people's money to use.
Losing is part of the game. Cut loss and move on. It's painful but after a few times, we will get use to it.
Done (not yet tho, collecting shots for part #2) https://www.elitetrader.com/et/threads/why-so-serious-1.337597/#post-4957474
Actually not a bad thought, especially in special situations. I don't day trade but for swing traders it sometimes pays off big time if you average down. Go look at BMY or ABBV.