Help Me - Bought PAEL & DGKC near ATHs during the bull run and now deeply regret it — need opinions
I need some honest opinions from experienced investors/traders.
Around 4–5 months ago, when the bull market was running strong, I invested a big amount into PAEL and DGKC for swing trading purposes. Unfortunately, I bought them near their highs, and then the war situation started, after which both stocks went down heavily. Right now, I’m sitting in a huge loss.
I already know it was a dumb decision and I regret it a lot. Normally, I prefer investing in blue-chip stocks and most of my portfolio is still in blue chips, but for swing trading I took this risk and it backfired badly.
What’s making me even more confused is that inflation and interest rates may increase again in the near future, which could put even more pressure on the market and especially on cyclical stocks like these.
Now I’m confused about what to do moving forward. Should I just hold these stocks long term and wait for recovery, or should I book the loss and move on? I know booking a big loss also feels like a bad decision, so I’m stuck mentally.
Would appreciate any practical advice or different perspectives on how you would handle this situation.