But you read the market and cut the loss quick. If you buy back now, you are still ahead than holding. remember "hope" is a mother of all F$%^ up. React to what the market is telling you. Cut the loss quick. You have to preserve your capital for next opportunity. You have to admit your mistake and try to find next opportunity instead of denial. Don't try to show your ego is bigger than the market, just like froggy was trying to do.