Posted by ks55 > 2015-01-31 23:13 | Report Abuse

Stop loss at 5%, 10%, 15% or 20% after you have bought the particular stock?
To me, all are non sense!!

In the first place, what prompt you to buy that stock?

Punting -- buy high sell higher?? That is akin to gambling. 50-50 chances make or break.
Value for money -- If you have bought the share based on its worth, say 1.00 is a good buy, so you bought. Are you going to sell if it fall by 5%? Definitely not because fluctuation of 5% is normal. Are you going to sell if fall by 10 or 15%? If 1.00 is already a good buy, don't tell me 90sen or 85sen is not worth consider for further purchase?

Other than value buy, your buying strategy is also play a major part whether you make or lose. When you see value at 1.00, you should anticipate it may drop to 90sen, 80sen etc. Small purchase at 1.00 will ensure you won't lose opportunity after all your hard work (home work). If price gone up after first purchase, and if you choose not chase for more, you at least get paid for your hard work. It is always safe to buy low, and how high you want to sell will depend on your skill and experience.

Posted by calvintaneng > 2015-01-31 23:19 | Report Abuse

CORRECT

NO SUCH THING AS STOP LOSS IF YOU HAVE DONE YOUR HOME WORK WELL

STOP LOSS IS FOR TRADERS AND GAMBLERS - NOT FOR VALUE INVESTORS!

Posted by Fat Cat Tim Buddy > 2015-02-01 02:04 | Report Abuse

'be greedy when other fearful, be fearful when other greedy'

correct, but most of the people is the ' other ' , so when is the right time to sell?

'sell when you feel greedy'