My Trading Adventure

Tips #1 : CUT LOSS

CP TEH
Publish date: Tue, 08 Mar 2016, 10:09 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message



This is weekly chart of VS ... showing important support at RM1.14 level ... and today, it is testing this level again. Once broken ... expect more down-side.

I shared with my trading group ... given them the FIRST TIP of preparation for market-crash.

It is called CUT-LOSS.

As painful as it could be ... it is a MUST to execute to preserve capital. Heck .. you will lose 20% or even 50% of your funds ... cutting losses ... but look, MARKET NO CRASH yet leh ... what is market really crashing down? Do you think you stock(s) will go up or ... lower?

More TIPS coming up ... but I need to go for my interview now.

TEH

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Discussions
1 person likes this. Showing 1 of 1 comments

Alex Lim Jun Xiong

Mr Teh, today I cut loss unisem-cj.
Really so pain, I saw blue chips holding well but 2nd liner & penny stocks are falling.
Is it a sign of market coming to crash soon?
What is your opinion?
I miss those old days where stocks can up for few times like hlbank, dsonic, inari, ecoworld & etc.

2016-03-08 13:58

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