I used to do that as well MrNobody, some time you can a few K, but you will lose focus on some good opportunity, I use to trade up to RM10m per month with my initial RM100k capital, but I didn't much
I treat this as full time job seriously, I work almost 12 hours a day, reading, experiencing. I use some of my NLP skills to help me to be more disciplined and focus
And I don't go all in blindly lah, I normally start with 30% of my fund, and slowing top up, not all in at one go, so if anything went wrong, I can still cut lost with minimum lost only
tkp1, it is an accepted norm to trade the way you advise. I bought vsolar at 16cents. Patience rewarded me and I sold it at 35 cents. Now with hat profit i bought this stock at 22cents and seeing the profit now.
Last time, for the same counter, i also try to do swing trade, sell high and buy low again, but is really difficult, i end up being flash out and not dare to buy back when the price go higher
It will be perfect to buy and wait. Company have been making profit last 4 quarters. I do not fear. Even if the price stumble, it will not go long way down.
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....
tkp1
1,313 posts
Posted by tkp1 > 2015-04-16 21:09 | Report Abuse
when my fund grow bigger, I can focus on 2-3 counters at one time.