Now export stock is a very good choice to buy because price areadly fell many 。very safe , buy export stock and keep ! 反向投资Who also know but when price really fall down no one dare to buy and keep thinking can buy more low , finally loss chance to buy!!!no one dare to buy , so buy! Scare apa kuku , just buy!
No right or wrong, follow the system suit you best. I follow my system and strategy, I did very well. Hence I do not wish to change my strategy. I will cut loss when the price is below 200 days SMA. I feel very confident in this rule. Personally, I had cut loss on many stocks to swap to other better stocks. I will not keep down trending stocks.
I will buy back when the price crosses above 200 days SMA again if FA is still good.
Everyone knows that otb is a shameless old man..he lost like 50% but can still be shameless.. I am not surprised that he lost so much and shamelessly continue to charge his subscribers .. Otb is also good at telling lies to make money.. so my advice to those newbies- dont fall into the old geezer trick ... :)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockmanmy
6,977 posts
Posted by stockmanmy > 2016-04-04 16:55 | Report Abuse
Cut loss if SMA below 200.
By then, good shares become extremely under valued.
Time to cut loss?