Oct 27 2020, 10:26 AM
QUOTE(ry8128 @ Oct 27 2020, 10:17 AM)
Ya. If we have limited budget or run out of cash, best is to hold, cos good fundamentals companies always rebound, just need time.
If we have cash on hand, then its best to plan it and collecting bit by bit, split into batches. I dun recommend us to always think we must buy at the lowest point, but collect by batches.
We already have a very good example this week: i believe yesterday many ppl expect spmax to go down lower than 8.7 or 8.8, cos we always wan to buy at the lowest price. But it had shot up to 9.5 or 9.6 already. So did they able to buy? I am not sure, lol. Lesson learn here is dun always hope to buy at lowest and sell at highest, cos this is almost impossible, and we always end up missing the boat (when trying to buy) or losing money (when trying to sell)
Let me quote another superb example of risk management by skty. Look at him, he is very confident in jftech. But even then, he did not sell all one shot at highest price, which is around rm5. He sell bit by bit, starting at 4.4 (if i remember correctly). Some ppl might be asking, since jftech is going up until rm5, have big news, why is he selling at rm4.4? This is call risk management. We will not know if a price will go up or down. All left in his jftech now is all of his profits. So even if today crash and ppl sell on news, there is no impact on him, cos he already gain back all of his capital. Any additional money today is bonus. This applies to when we are buying. I duno when it will go up, so wat i can do is buy bit by bit.
Sry ya, talk to much today. Just sharing some of my experience only. No buy/sell call.
great sharing. and i agreed on this. my fren who is value investor, he also said, 1st thing is to set how much u want to buy then buy in batches, when it goes down lower buy more. Cos if u already done research and think this company will go up, it will eventually go up when market sentiment is over. then sell also he say sell in batches. i took some lesson from you guys and i believe not whatever ppl here said is can use, just take watever we think is good.If we have cash on hand, then its best to plan it and collecting bit by bit, split into batches. I dun recommend us to always think we must buy at the lowest point, but collect by batches.
We already have a very good example this week: i believe yesterday many ppl expect spmax to go down lower than 8.7 or 8.8, cos we always wan to buy at the lowest price. But it had shot up to 9.5 or 9.6 already. So did they able to buy? I am not sure, lol. Lesson learn here is dun always hope to buy at lowest and sell at highest, cos this is almost impossible, and we always end up missing the boat (when trying to buy) or losing money (when trying to sell)
Let me quote another superb example of risk management by skty. Look at him, he is very confident in jftech. But even then, he did not sell all one shot at highest price, which is around rm5. He sell bit by bit, starting at 4.4 (if i remember correctly). Some ppl might be asking, since jftech is going up until rm5, have big news, why is he selling at rm4.4? This is call risk management. We will not know if a price will go up or down. All left in his jftech now is all of his profits. So even if today crash and ppl sell on news, there is no impact on him, cos he already gain back all of his capital. Any additional money today is bonus. This applies to when we are buying. I duno when it will go up, so wat i can do is buy bit by bit.
Sry ya, talk to much today. Just sharing some of my experience only. No buy/sell call.
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feel like pancit already 
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