I lost some 15% over the past week, sitting here doing nothing, just watching. Food for thoughts: if you were not selling, I' was not selling, then who were the ones did the selling?
if you sell now and realize your loss you will lose out later when market rebounds..If you are invested in good companies with thorough research done..hold enough provided you have a safe haven of cash to act as an option. Sell now and you will have a hard time making profits for some time as you need to make back your losses.
Relax! The roller coasters probable ended! Looks like irrational sentiments already subdue tonight! Cherry picking tomorrow! Bad thing is out of shopping bags! so sad!
so far this year we did not have correction,, it s ok it s healthy for the market..actually market is lofty overvalue,, not only malaysian market but also global.. better feel the pain now, then later it could be worst..i am still holding the stocks. this time i think there will be a stronger correction,, because so long we did not had one... that doesn t mean market is going to plunge head down.. so be patience.. look at US DOLLARS export related counters,,if US DOLLAR is going to be stronger in going forward, then slowly we can buy in this counters...another is ebola probelm,,is going to push glove counters... so just watch carefully..be patience it s not the end of the world yet
tan kw.... u shd consider options. I dont deal in options and futures... but i have to read about them in order to pass my CFA exams this Dec .. errrrgh. But in options, one does not need to tie down capital like what is done in shares.... and you can punt either ways, call - up or put - down... so in any market condition is a good time to buy and sell. The best part about options are .... the most you can lose is how much? well... zero... because you choose NOT to exercise the option, and your loss is purely limited to the option cost.... transaction cost. Just a thot....
Only speculators worries during mart corrections. Investors worries only when market stays in bear teritory for many years. For example; if a investor had been fully invested just before the dotcom crash of Feb. 2000, in good & quality stocks like IOI, F&N, Amway, Shell, Maybank, Tan Chong...in his/her portfolio - they will be still making lots of$$$ today, even though having to endure another even bigger crash of 2008/9!
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 5887 views | 5 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
mollyganz48
3 posts
Posted by mollyganz48 > 2014-10-13 22:50 | Report Abuse
never say die.get up and stand tall again after a fall.