I bought a big quantity at 180 and exited and booked loss completely at 143 at the previous fall, when it was close to selling free.
That was a bitter bullet to bite. But this strategy has paid me off. I don’t like to be invested in stocks, which has lot of uncertainty.
Last such big fall happened to me was in yes bank with big quantity. Booked 25% loss in that stock around 225. Never averaged. And today I’m still in the market.
In the case scenario, if deltacorp inches back to 200…I will never regret. There is no dearth of other good stocks in market.