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Bursa Traders V5
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wayne84
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Oct 14 2014, 09:52 PM
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QUOTE(Boon3 @ Oct 14 2014, 10:35 AM) If you have already decided to HOLD for the longer term... 1) Make damn SURE you have the right stock and that you did not overpay for the stock. (for example Inari is good but paying over 3 bucks for it is....  ) 2) Double check point 1. 3) See point 1 again. 4) Once decided, close the monitor. No use looking at constantly in a falling market. The emotions will tempt you to do something that you might regret. Good luck. Put emotion aside is very important...like SKpetro ...haiz...no eye see
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wayne84
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Oct 14 2014, 10:13 PM
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Nope. I hold SKPetro mainly because of their strong fundamental & earning on few quarter ahead. Need not worry too much as this time SKPetro price drop mainly due to ppl's perception on crude oil price drop vs foreign fund pull off. See this article : http://www.theedgemarkets.com/my/article/a...nge-unjustifiedThis post has been edited by wayne84: Oct 14 2014, 10:13 PM
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wayne84
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Oct 14 2014, 10:23 PM
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QUOTE(Boon3 @ Oct 14 2014, 10:16 PM) I wouldn't that. EVERYTHING will depend on HOW GOOD THE STOCK you will be holding and hopefully, you did not overpay for it. The danger in just putting emotions aside is that one will run the risk of holding onto a stock in regardless of whether the reason to buy the stock was reasonable in the first place. It means one run the risk of stubbornly holding onto lousy stock picks. So what will you do boon3.... will you hold share like Skpetro at this moment ? My entry price is 3.80....
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wayne84
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Oct 14 2014, 10:37 PM
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QUOTE(Boon3 @ Oct 14 2014, 10:32 PM) The one thing I can do is give direct personal advice leh.... I am not an adviser. But what I will say is... no matter what happens (in the near future).... do you think you can learn from this experience? for example... if SKPetro drops further ( err... IF la)..... would you say your entry at 3.80 was rather rash? ie... do you think that perhaps you could improve on your buying? Yeah..perhaps eye not sharp enough...and timming tarak jun enough..hahahaha
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wayne84
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Oct 14 2014, 11:07 PM
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Actually wan to collect skpetro since long time...but price seems high..see some resistant at 3.8x...too happy and entry..hahaha..but i can hold much longer..
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