QUOTE(Boon3 @ Nov 10 2021, 09:02 AM)
... and then there's this fella I knew few years back...
very meticulous ... and his ability to cut loss from his bad trades was amazing.... so much better than me, when I looked at some of his trades back then...
unfortunately he has stopped trading when I bumped into him last year....

I thought he had in him to be a good trader...
when we talked... soon I realised his problem....
he traded far too often...
took on many, many, many risky trades...
he ended up cutting way too often...
yup it does add up and over a longer period of time, these cut losses will accumulate...
Yes, cut loss is important but if one keeps on taking on poor trading choices, in the long run, also lose la...

fuiyoh this type of postings
bulllllll
i started with value, read so many books about buying and holding, and of course, diversification, some it did work for some counters, it didn't for some too
then trying to trade like a machine, working alright but because of time constraint, when it doesnt work, it doenst
taking too little profits, from green to red, etc
so yeah back to fundamentals, earnings earnings earnings and longer timeframe, since i'm also to hold 5 years, i'm able to hold longer even though i'm trading/"investing"
with a more precise entry
have to put on more screen time to read and read and read
eh boss, thanks for sharing ehhh
many 555 ehh