Thurday morning ... talked about Endurance last night and how important it is to stay positive in any condition of markets, so that we could continue to learn from the trades ... mistakes and such.
Boilerm ... since I m chatting on it at the chatbox, while blogging here ... mght as well show it here. I have cut-loss it months ago, given back the profit (and more) during the short-surge but it is not sustainable.
I was using this stock as 'value investing' experiment ... lost and admitted wrong entry. From the chart today, whatever entry price, most likely we are in paperloss if we do not CUT LOSS.
I always remind myself that this is year 2017 cut-loss is the ultimate survival skill needed.
This is FLBhd afer yesterday's selldown (again)
This is the weekly chart ... and from the peak there, I left the whole furniture sector end-dec-2015. In 2016, I was more into Construction as in 2014, the focus was export-related stocks such as 'furniture', due to strengthening of USD. DO NOT buy into such charts ... unless we are 'fundamentalist' and long term investors ... I m not.
Ok ... time to exercise. Need to get my butt out of this comfort-zone.
TEH
Bruce88
◢你有病看医生啦!
2017-11-23 09:50