Different decision at different price levels. When you don't stop out at a proper level, all sorts of demons come into play to haunt your mind.
You may not recall... but Citibank traded at $.98 in 2009. Citibank for Christ's sake... trading like a penny stock.
Yeah, "dump 'em all"... EARLY.. when you should. What about when you didn't and now are "late"... and what about "how late"? No simple answer.
Sure there is. When you have no plan, you dump them. Otherwise you're an investor. You can always get back in once you have a plan - which includes a stop.
Cool!! But how about the stocks that never recovered? What if you'd been holding something that didn't recover and you could have sold and bought Citi.