Thats the wrong way of playing shares. Panicking and cutting when share is down. Running is the last thing u should do. instead average down by buying a bit as the stock slides.
actually i did. i picked up a lot of shares then as ppl panicked. those days even PBB was only .85 believe it or not. always go against the tide. you cant loose. just look at 911 . the day after the whole mkt was down down down... thats when i strike. I am not kidding.
thats where very careful planning comes into the picture. U must assume the worst case scenario... lerts say its KNM plungiing back to 0.35. say u have RM 10000 to invest in KNM. so apportion the RM 10000 evenly all the way down to 0.35. making sure u would not run out of cash along the way. that way u will always have enough to average down. try it!! it works!!
I remember that share.Thats where diversification comes into play. Spread ur portfolio over 10 counters. sure we r not god, but if one invest in quality stocks, on average we cant loose. i may loose on 2 counters but gain on the other 7.
great talk. let's give a big crap......come on let's just narrow to KNM only. Can or Cannot buy! btw I'll buy this counter again if drop below 50 sen.......
not jahat knm . is u not clever to see the chart. i told u ady when knm 0.695 going up to 0.740 but when 0.740 fall back to 0.685. the chart tell use run when fall below 0.695. i had mention before . u guys never listen to me
ha . okey dokey . yungshen1 , since you are so clever , can you kindly tell us now what your position in knm , as 0.64 closing ...
You suggest BUY ? SELL ? HOLD or stay side line ? pls let us know before monday , please don't come and tell us the group of you so call poor investor this and that after confirmed share price already up or down .
there is one forumer here always let poor investor like me know the time he buy or sell during trading hour , can you help me in this knm ? or may be right after market close .
your reply on this is very much appreaciated . thanks
will write it down the words you say and stick in my monitor screen .
Smart investor 1st rule, never simply believe & follow with ppl direction. 2nd, never simply believe in chart & analysis as shown. Nothing is definitely, life's are unknowingly. Learn to be mind peacefully is one of the winning keys............
3words yungshen did give warning signs b4 this latest drop..kindly look back ..Everyone is being helpful.As for Monday...there will panic selling first half hour..price drop perhaps below 60.After that it may go up.If u planning to sell fearing consequences study the trend .Knm is almost impossible to predict...to many sharks in the water.The small fish gotta be careful.
Only haif the truth. Make sure the stock has a future for upturn or revival. So it only apply to great fundamentally sound companies - definitely NOT for companies like Transmile, Kenmark or Patimas or so many others which should not be even listed in the first place.
i am back.monday knm movement may drop a bit from 0.640 to 0.620.tq just predict only.dun scold me ya.i am still holding knm 70lot.average price is 1.800
Conman company, check the history of this company before making a decision. Problem people have short term memory. Friend lost RM 230K in this counter over 3 years.
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....
chankinwah
25 posts
Posted by chankinwah > 2014-02-28 16:41 | Report Abuse
Thats the wrong way of playing shares. Panicking and cutting when share is down. Running is the last thing u should do. instead average down by buying a bit as the stock slides.