A quick reflection on trading decisions and risk management. 🚨

A recent trade serves as a stark reminder of critical trading principles. I entered a long position on $PIPPIN based solely on a relative's recommendation, neglecting my own research.

This decision, made without personal due diligence or a clear trading strategy, unfortunately resulted in a $3,000 loss.

The experience highlights the crucial importance of independent research and forming your own investment thesis. Relying on unverified external advice can lead to significant financial setbacks. Always conduct your own research (DYOR) before committing to any trade.

On a positive note, I continue to accumulate $OM on dips. I consider this a strong long-term conviction in my portfolio. 💎📈