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4 comment(s). Last comment by hollandking 2018-07-17 21:59
Posted by hollandking > 2018-07-17 21:58 | Report Abuse
for losing stocks, dont think it has bottomed, is especially true for bursa, lower can get even lower,
But the strategy is this. U have to set a certain percentage where when your investment have lost certain %, then u have to let go no matter what(set a rule),this way your investment won't get wiped out or suffer heavy casualty. U can see some counters went to zero or almost zero. Some ppl say is paper losses, so keep and keep and finally went zero. And for bursa, don't open so many counters, especially for bursa, u wil have a hard time. Why is it that some ppl got their capital wiped out or suffered heavy casualty, bcoz there was no exit plan if something goes wrong.
Posted by hollandking > 2018-07-17 21:59 | Report Abuse
the reason why this person open 40+ counters is what i called indisciplined trades, they see this good, buy this, see that good buy and buy, no control, this normally happened to newbies
No result.
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Mercury Securities Research
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The Alpha Trader
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BFM Podcast
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CS Tan
4.9 / 5.0
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....
newbiehk2014
231 posts
Posted by newbiehk2014 > 2018-07-17 21:36 | Report Abuse
cutloss only benefit the sharks?