My Trading Adventure

BP : Buy during crisis time

CP TEH
Publish date: Sun, 07 May 2017, 09:06 PM
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.

http://edition.cnn.com/2015/04/14/us/gulf-oil-spill-unknowns/


BP : closed at USD35.30

In 2010 ... I remembered that during oil-spill crisis, BP dived from USD60 to below USD30 ... and subsequently rebounded to USD50. I dared myself to buy into her .... but sold way-way too early.

Then, I have learnt about buying during fear or crisis ... it was not an easy decision back then (even now) as I was kinda new ... market just recovered from Mac 2009 ....

In crisis ... lies, opportunities.

So ... be patient to wait.

TEH
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Discussions
Be the first to like this. Showing 6 of 6 comments

Patron

Sohai. Same like Calvin tan

2017-05-07 22:22

stockmanmy

Bursa cannot handle want to go international already


ridiculous.

2017-05-07 22:41

Equityengineer

Lol ..

2017-05-07 23:20

gohkimhock

good one stockmanmy.. haha..

2017-05-08 00:23

VenFx

CpTeh must be short kao chor ....

2017-05-08 00:29

stockmanmy

Bursa is having greatest bull run in 10 years and he cannot make money.

2017-05-08 01:11

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