PMFJI. Why do you all use all sorts of codes to hide the stock name being discussed? Isn't it easier and less confusing to just say clearly what it is so that others don't misunderstand or even worse go and buy the wrong stock mistakenly?

For example, what harm is there in saying 6742 or YTLPOWR.

Just my comment. Hope Boon3 don't ban me....

Life is already serious, don't confuse it some more.... Over-working brain trying to decode messages here becoming more difficult than making profit in stock market.... Been reading your postings, must say thanks for sharing your thoughts and helping others here.

I mean No offence too..... I thought you went to sleep. You sleep-posting? I think all better go sleep, else morning key in wrong prices.

Preferably buy the ones which will go up....

Waiting 2 years for RM2 stock to go to RM7 sounds good. Provided you don't need the RM5 profit during the 2 years.

I think MrLoo going to be happy with this....

Boon3, I agree its not an ATM machine. But it can be a source of income - small or big.

But different people got different trading methods. I see from your post you're more long term, you go in big, want bigger profit, willing to wait until you get it, don't worry what happens to price in between, stick to your choice and ecision and see it through (unless really need to cut for some reason). This may work for you, gark and others who have sums of money you don't need for a period of time and you only want the profit after that period of time.

But some others may need pocket money more frequently hence the in and out of stocks for quick smaller profits. This may be used to supplement monthly income for some. Thus they cannot wait for a year or two for the profit. Maybe need some supplementary money to help with rising electricity or phone bills. Or need the extra money to take a trip to Japan.... just some examples..... These maybe cannot wait 2 years to do. There is a diference, as you know.

It may turn out that in the long run, holding for a much longer time gives better returns. That's fine if you don't need that returns until then. As you pointed out, each person needs to do what is most suitable for them.

I absolutely understand what you are doing. I do not disagree with you. In general, yes, newbies here are looking for tips and mostly are in short-term trades. You are using your experience to try to prevent them from getting burnt. But I think most people new to stock market go through a phase. They expect the quick money, then eventually realise its not as easy as it sounds. Then start trading on a longer term bases. It is a learning experience.

I'm sorry to hear about your friend. Spare money must be real spare money, ie money you can afford to lose with zero effect. It should not be spare money like saving or education fund which you temporarily don't need for now but need later on. If that is lost, that is it.

Sorry, was just saying in general terms about you to make my point. I don't know your exact character.

Follow posting also difficult to follow.... got homer, got wood, got guli, got cartoon, got frozen , got coma, got sushi, got ah bee, got ah boon....

Its good that you are confident in your stock. In this sort of case, do you buy some more to average down?

This sometimes happens if you have one too many....

I am at war with them. They have occupied my funds....

This one should have bought at 1.50 a few months ago before it started shooting up.. I think gark will say, do yu want to chase the runaway chicken.... Wait for him to give real opinion.

I think its because the next time it reaches 21, the double bottom of 15 would have been confirmed. Which means it is likely to go above 21.

If you bought at 15 when it reached there the 2nd time, you are only hoping / guessing that it is going to be a double bottom. But it is not yet confirmed. So it is risky, because maybe it will break below 15 and go to 10 instead.

But if you are swing trader you could have ought at 15 and sold at 21 twice already...

I would have bought at 15. Then I will cry when it goes to 10. Then I wait until it goes back to 15. When it passes 15, I will sell. Why? Because I don't want to cry again. Then I see it go to 21. Then I cry again...

Don't like that... Its the content of your message that is important. We understand your message well.

Sorry about the loss. This is the kind of real-life story which should be shared. Because it makes others realize nobody is perfect and things can happen to the best of people too. It makes us more aware of things that can go wrong, and hopefully makes us all more careful.

Is your cut-loss policy so strict that you don't even adjust it a bit due to some bad news which may be a temporary thing?

You can share. Sometimes someone may give input that we may not have thought of. Then we can re-evaluate if necessary. Or some input from others may make our decision even stronger.

Please don't action.... I also try not to sell for less than 4 figures. But my 4 figures also include the 2 digits after the decimal point....

I'm beginning to think MrLoo is one of the directors....