My Trading Adventure

Importance of CUTLOSS

CP TEH
Publish date: Thu, 22 Aug 2019, 09:36 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.


Morning ...it has been a yoyo week ... up-down.

Yesterday, i have lunch with a friend ... as she was showing me her 'portfolio' which stuck up there. As those are goreng-ed lousy stocks without much volume now, I have given her possibilities but the best is still cut-loss since stuck for 4-5 years. Then ...keep the remaining capital safely .... wait for crisis to re-coup some losses.


Give an example here ... if u stuck up there, say ...PRIVA for whatever excuses you could say, what should we do? buy more? or cutloss? Or just let it be ... one fine day, it might goreng up?


Quiz : WHY majority wont cutloss small ... but waited till so so low ... to decide if want to cutloss or not?

TEH
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