Old and Golden Investor Journal

HengYuan - I sold for profit and it continues to go up!

Old_and_Golden
Publish date: Mon, 18 Dec 2017, 03:22 PM
Just retired. Has lots of time and little money to invest. This is my blog where I write about my experience, thought process, lessons learnt, and profit and loss along the way.

I exited at 13.28. ALREADY made profit. Now it is 13.46. Should I re-enter, chasing or wait for it to retrest?

Discussions
Be the first to like this. Showing 32 of 32 comments

feimah

Seem like you are trader rather then a value investor.

2017-12-18 15:30

Kesley Tan

so stupid

2017-12-18 15:35

10bagger10

Lol

2017-12-18 15:45

10bagger10

During ur sell u never ask!?

2017-12-18 15:46

Old_and_Golden

Lessons learnt...need to compose myself to be calm when market moves either way....:)

2017-12-18 15:51

HENGYUAN @RM21 CONFIRM COMING

I ONLY GOT 1 COMMENT-STUPID QUESTION TO ASK

2017-12-18 15:58

Old_and_Golden

Wow....re-entered at 13.60, now still showing profits!!
This is amazing...

2017-12-18 16:15

thec16

joke of the day

2017-12-18 16:16

Old_and_Golden

This time will keep like a gold bar maa....WAIT UNTIL reaches RM21, before letting go!
Hahaha....Learn the hard way...

2017-12-18 16:20

mrtai021

Just buyback and don't fell shame of your mistakes

2017-12-18 16:21

pputeh

No shame to admit yr mistake esp in the market. No one is perfect. We all make mistakes along the way. Its a learning curve

2017-12-18 16:29

Old_and_Golden

Thanks for the encouragement mrtai021 and pputeh...:)

I did re-enter at 13.60. Will keep this time...and will remain calmer...Learning everyday !

2017-12-18 16:50

HENGYUAN TP $24 (ilovehits)

You need more holding power. Go to read some investing books.

2017-12-18 16:51

Old_and_Golden

I have holding power @ HENGYUAN TP....BUT I was excited when I saw the profits...hahaha.

I am learning. Now I will hold the stocks I have until RM21.

Wow, you have revised the TP to 24??

2017-12-18 17:03

Garysk

Old_and_Golden, i like your way of writing, humble and thoughtful, glad that you enter again, good luck bro..

2017-12-18 17:19

Chong Hon

Old_and_Golden, dont look,think and cal the profit. Focus more on fundamental. Think too much profit you are harder to sleep and big win.

Hope suggestion can help you. Have a nice day.

2017-12-18 17:23

Equityengineer

Fundamental never change what, why bother selling .,

2017-12-18 17:29

Equityengineer

Ability to hold the stock is depending on the ability of going through the volatility with confidence . HENG yuan was volatile with uptrend , so anyone hold since that day , would be tempted to sell any at current price ... rough sea make a good sailor

2017-12-18 17:34

HENGYUAN @RM21 CONFIRM COMING

Goreng kaki will have no guts to hold, rm10 is giant to them. They can't even imagine. They are purely trading , stupid or smart, I leave it to you all

2017-12-18 18:34

HENGYUAN @RM21 CONFIRM COMING

Goreng kaki will have no guts to hold, rm10 is giant to them. They can't even imagine. They are purely trading , stupid or smart, I leave it to you all

2017-12-18 18:39

lizi

hahaha...newbie is like that.

2017-12-18 19:52

Old_and_Golden

Thank you all...All your comments are useful...criticism and advise all help my learning process....

Not bad lah today, i realized profits. Can buy new pagoda singlet maa...hahaha.

2017-12-18 20:20

Pusher_Punisher

chill la. dont all tibai this guy.. atleast he openly admit his mistKe. unlike 'the great 3iidiot' who still que at 4.60 to buy hengyuan.

STS :)

2017-12-18 22:14

Old_and_Golden

Pusher_Punisher....I feel loved again. Thanks!

2017-12-19 00:25

mrtai021

We all learn from you too. KYY still buy today. U still got "margin of safety"

2017-12-19 00:36

Ricky Yeo

Most already seen it all, learning from such a 'lesson' will end up with another 'lesson' like 'omg, I should have cut loss instead of being greedy'

2017-12-19 09:48

HENGYUAN @RM21 CONFIRM COMING

Lesson learn: cut loss, let profit run

2017-12-19 09:48

gladiator

If you cannot hold the stock until RM21 then sell at RM18.88 during CNY. 1888 sure ong for the rest of the year.

2017-12-19 13:06

Old_and_Golden

Not a bad idea gladiator....Good enough profit at 18+; can buy more than one pagoda singlet maa...

2017-12-19 13:28

Old_and_Golden

Read KYY's blog....wow, Mr KYY has done extremely well...I will follow his blog from now.

2017-12-19 13:31

HENGYUAN @RM21 CONFIRM COMING

no need, before CNY might alredi break RM21 also.

2017-12-19 14:15

Old_and_Golden

Zaaapppp....it drops like a bomb today hahaha.
Lucky I still have paper gain....

Will keep for TP RM15.

2017-12-19 18:17

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