QUOTE(danmooncake @ Feb 23 2011, 10:29 AM)
Looks like Genting is back to GREEN! despite Genting SG Q4 loses Still good for the medium-long term
STOCK MARKET DISCUSSION V73, Blood Bath is Refreshing!
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Feb 23 2011, 04:27 PM
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#1
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475 posts Joined: Mar 2009 |
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Feb 23 2011, 04:39 PM
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#2
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475 posts Joined: Mar 2009 |
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Mar 2 2011, 02:55 PM
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#3
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QUOTE(skiddtrader @ Mar 2 2011, 02:52 PM) You want to average down (throw more money) to get out with nothing? What if stock continue to drop to 55 sens, then what do you do? Throw more money into it? I thought average down is done on good quality stocks that has chance to rebound, so that you don't have to wait for the price to go above your 1st purchased price to actually profit...Only average down when you're confident the stock will go up and your strategy is to increase profits from an already profitable position. If you're already losing money, its always better to lessen your risks of further losses rather than increase it, in my humble opinion. |
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Mar 4 2011, 09:18 AM
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#4
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Mar 4 2011, 02:09 PM
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#5
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