Posted by rozsham > 2012-03-17 16:28 | Report Abuse

Some call it average but no matter what I will keep it short as long as you know the meaning. Happen when one bought at a certain price (high price) and hoping/gambling/predicting that it could go higher but unfortunate market seems not to listen his/her prediction. Most of us been caught in this situation before upon listening to rumors. As a result they are force to hold on wait till the price shoot up again. For contra players they will start shiver/sweating/cursing/panicking and by T+3 force sale take place. What action need to be taken for those who have collected the scripts? 1)Cross fingers and hope that that the price will start to move upwards again 2)Buy more at a lower price. The biggest question is at what price!!! 3)Chop at what analyst recommended and buy back at a lower price. Provided no rebound took place. If you are caught at no (2)do not force yourself to do a leverage on the 1st day trading because market is unpredictable. it may drop further on the 2nd day. This is where we apply the T+3 rule. Only enter to leverage on the 4th day between 3.30pm to 4pm because this is the last golden time for those contra players to dispose what they have already purchased. Hope it helps.