I have made and lost in Huaan. Made was bcoz I decided to stay longer believing in the turnaround of the company which is backed by their results. Loss is because I decided to trade Huaan when there is momentum thinking it can make me big bucks. Based on my both success and failing experience, I have decided to stay longer and average down as the price becomes cheaper ( relative to my own valuation) until one day it decides to prove me wrong with bad results. I will also not put my 100% bullets in one stock , just in case fate does not want to b on my side. Do all the masters here think my action is reasonable?
Stock: [TECHNAX]: TECHNA-X BERHAD
2017-11-28 12:13 | Report Abuse
I have made and lost in Huaan. Made was bcoz I decided to stay longer believing in the turnaround of the company which is backed by their results. Loss is because I decided to trade Huaan when there is momentum thinking it can make me big bucks. Based on my both success and failing experience, I have decided to stay longer and average down as the price becomes cheaper ( relative to my own valuation) until one day it decides to prove me wrong with bad results. I will also not put my 100% bullets in one stock , just in case fate does not want to b on my side. Do all the masters here think my action is reasonable?