You make an excellent point—sometimes, factors beyond our control like poor management decisions or sector-wide downturns can prevent a stock from recovering. This is especially true for sectors like real estate, where cyclical trends and external pressures can weigh heavily on performance.A 65% success rate is commendable, especially in the world of trading stock warrants, where volatility and timing are so critical. As you pointed out, the remaining 35% can be tough to swallow, but it’s a reminder of why diversification and exit strategies are so important.For long-term investors, the focus often shifts to identifying businesses with strong fundamentals that can weather such downturns. For traders like yourself, understanding when to cut losses is a skill in itself—one that can significantly affect overall returns.Thank you for sharing your experience—it’s a valuable perspective for anyone navigating the complexities of the market! 🌟