JetBlue Loss

I recently decided to buy JetBlue at $5.50 when it had crossed the 200 day SMA, a key indicator that I use in many of my investing decisions. I use this strategy to give my investments structure instead of playing a guessing game with them. This trade has been a loss so far (I am still holding) as the stock is currently at $5.08. Even though this trade ended up being a likely loss, I recognize that not every setup is going to work out in reality. I trusted my plan, learned from the final outcome, and followed my strategy. Whatever your investment strategy may be, realize that you will take losses, that's just the reality of investing. That's why it is important to diversity your portfolio and be ready to take occasional losses.