Both also got their fair share of risk la.

No agree?

What's a 10 mins investor risk?

Every 10 mins they have to make a decision.
Sell all or sell a bit or wait or buy or buy more? Or buy even more?
How many of these decision can one get correct?
Sharks do fake shake then how?
Sharks do a pump and shake then how?
Sharks fall asleep how?
Sharks go vacation how?
Sharks get eaten by crocodiles how?
Sharks gets constipated how?


Yes, when you trade long term, for sure got risks but if you want to trade long term you better learn to be like Jesse Livermore and learn how to read financial records correctly.

Oh .. I see.

So you think GP will kelong ah?
You think kelong until what price?

No problem ma.

Just like to hear your opinion only.

Not sifu and don't ever want to be sifu la.

You see Sniper Standoff?
See where sifu go.....

Sometimes stocks can be difficult but we ourselves can help by not making it difficult.
First thing to do, is trade less.



I know hard to do..
But for starters, you can try by making only one trade per month.

Think about the possibilities.
If you can only make one trade per month, which stock will you trade?
How will you trade it?

There's one reason for one stock per month.

Objective.... is....... ?




Your GP is 515.

Try to guess ma.....

Aiyoooo....

When you are forced to trade less, trust me, you will THINK deep deep before you buy/sell.










GP now 52 sen.
Scroll back few pages and see the 495.

Sorry but nothing to share.

Share opinions, no problem.

Actually, if you try to predict the short term movement for GP, I would be first to say that it's difficult.

However, the longer picture, it's not so difficult, it's doable.

Let's forget about the 605 exit.
It's past.

More recent one, I posted here on Friday saying that '495 would have been a good price'.
Let's see what happens..... hope I am left, right, top, bottom and behind also salah.

Learning jor!

Of course, I totally agree with the manipulation issue but isn't this what this exercise is all about?

I very rarely trade speculative counters and this GP is no exception but for the sake of the exercise, I had share it 'live' here that I thought 495 would be a good entry point.
That's my humble opinion.
Of course it could crash and my exit position, admitting that I screw the tradewould have been 485.
In fact, any stocks, good or bad, could also 'crash' after we buy.
That's a possibility.

Remember, I am one who do not trade short and I have publicly acknowledged that I am no 10 min trader..
I can't play that game because that's something I am not good at.
Why trade or shall I use the word GAMBLE on something I know I am not good at?

And regarding those who declare they make many rounds.
Congratulations to them.
Well done.
But I am certainly no many rounder and I have no intention to be one.

If you think being a many rounder is a good objective, all the best to you.

TBH, I don't put a time limit on when I have to sell and I really have not kept track of my holding period.
I am focused on 2 issues.
Fundamentals and then charts.

Again, there's no holy grail.
Recently I got hit the following manner.
I was up 35% on a stock.
Stock earnings came in very bad.
Hardly any profit.
From a growth stock to become an almost losing money stock.
Got out with a 35% profit.
Stock fell almost 20%. (forgot precisely how much, maybe it was 18% or so)

Felt like a smartie pants for getting out.

I felt like buying back actually.
But there was no justification.

Chart hinted at me when the stock recovered back 10%.
The charts kept flashing.


I disregarded it.
Simply because I never felt smart being forced to commit to a trade just cos the chart said so.

So I declined the opportunity.

Stock today?
It's up almost 15% from where I sold and I could have gotten a nice tidy profit if I went back in.

Well?

Many times, fundamentals do help a lot in telling where and when you should exit but sometimes it could fail.

C'est la vie.


Things like this will happen and will continue to happen.

Well tapering should not be an unexpected issue since we know the QE cannot last forever and ever.

There's a saying, instead of focusing on the forest, it's much more productive to focus on the tree.

In the marketS, many things can happen.
It's impossible to predict all that would happen.
And even if could, it might not bring us the success.

Why? Sometimes in a rising market, many stocks will rise.
But if we ride the wrong horse, we won't get anywhere.

Think reverse.
Look at some of the 'anti gravity' stocks.
They seem to go up always and ever.
Why?

Look at the impact of the recent taper fears.
Did it hurt the stocks at all?
Or did these stocks actually grew stronger since then?

Conclusion?

Try to hold less stocks...

Learn what makes a stock an anti gravity stock.
Learn how to catch anti gravity stocks.
Can be done.

That one... ownership issue.
Many think twice before touching their shares.

Vol increase but price not walk car.

How?
You think the vol means people collecting or people distributing?



This post has been edited by Boon3: Oct 28 2013, 03:15 PM

Got green....

Good stock on good run.

gark got recommend when I think about 52 sen.

You are a fighter not a lover.

LOL!

Looking good what.

Where's the wok?

What ? What ? What?