Lesson Learned: That Time I Scaled Into A Falling Knife

Hey everyone, new here. Been trading for about 7 years now, mostly equities and some forex. One of the biggest lessons I learned early on was about trying to catch a falling knife. I was in $MSFT years ago, watching it dip a bit after what I thought was an overreaction to an earnings report. Kept adding to my position on the way down, convinced it had to bounce. Ended up tying up way too much capital, getting stopped out on a significant portion, and missing out on other opportunities. Now, I let things stabilize before jumping in; there's always another trade. Glad to be here and looking forward to some good discussions.