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This post has been edited by lostxkitten: Jan 9 2021, 06:33 PM

Definitely possible to have made mistakes for reasons you mentioned..

What would I do..? Does it matter ah? Hahaha..

Ok la..

1.) sell.
2.) depends on what is the stock, I have the weakness of “falling in love” with a stock. So I have tendency to hold onto a stock just because I love the company for whatever reason (think management) even if I later found out I might have bought it at a relatively high multiple. Ended up paying the price of waiting for longer periods until the share price eventually reach the multiple I paid for.
3.) depends on what company again, if it is net cash with good management, proven track record, can sit through the rough patch with them if got holding power.

Traders would’ve left long time ago..

I’d like to call myself an investor for two reasons..

A) I can’t imagine myself trading having to compete with people like you who can draw nice lines and have the discipline to do simulation/notes (and by the way happens to trade for a living haha! )

B) No time to closely monitor the market haha..my patients deserve full attention

Make a call with tan sri and ask him what's his target price and we help him push together.

When you are “buying low”, there never the concept of stop loss carry with them. As far I know most what FA camp.
DCA strategy will be the atypical FA investor.

What happened with most FA vs TA, FA sometime can picked the wrong stock at right time OR right stock at wrong time and continue the HoDL religion without knowing where they are and how long praying for gains.

That can be very damaging staying on With one camp.

Correct me

This post has been edited by Syie9^_^: Jan 9 2021, 07:14 PM

1000x current price Look, we r anchovies of big game, the whales are institutional player and FF.

A call to LWC, will result in an extrapolated graph in his own target, which will not yield me any good.

Its like asking Tesla-Elon Musk, What is your target price? and he`ll go,



p/s: that colluding to push price up.

Pass me your contact, i`ll get SC come strip you naked.

This post has been edited by Syie9^_^: Jan 9 2021, 07:11 PM

glad to see someone understand why the hell I bought glove and I am happier if its price continue to drop after I buy

1) before you buy a stock, find out what you wanna do with it.
2) a stock that is good for investing, can suddenly become good for trading and/or speculating.
3) but a stock that is not good for investing, can never be treated as investment. Once a while good for trading and/or speculating.
4) many talk easily about investing, ohh.. just buy and hold. The problem lies within many is, do they know what it takes to be an investor.
5) the success of investing is depends on the investor, not the stock.

I was once a person grown up in a ordinary environment and so have an ordinary mindset. I was once having sleepless nights when my portfolio is in red.

It's never easy to go through that barrier and go to another level. This can be speed up if you get yourself a good mentor.

good luck. You are in the correct direction that suit you.

This post has been edited by skty: Jan 9 2021, 07:28 PM

I will take a stab at this. I will try give as honest an answer as I can, good to let lessons air and keep the internal ego in check.

It is very important for me to have my portfolio in the green at any given moment. I was not the person I thought I was. Rock steady and unwavering in my strategy, even in the face of overwhelming risk. Sitting in the red and risking a further slump gives me a little anxiety I can do without and it can affect my focus in my day job. The pre-frontal cortex can try override all it wants, but when your amygdala is triggered there is little you can do to manage it.

I am in banking, and like you I cannot afford to monitor the market full time. Cannot measure up to full time traders, so the strategy is FA only.
Being FA only then brings us to the strategy and why I would like to be in the green at any point in time.

Being FA, we measure the intrinsic value of a given stock. We the formulate an entry price point with a margin of safety. And we buy if the price hits our entry point. Then what?

If the price dithers around the entry price for a while, or even drops a little, I am usually fine with it. But what if it continues to drop and sits deep red without a recovery in sight? That is worrying as an investor even if we take emotion out of it. Because it says that our entry point calculation is incorrect. And if our entry point calculation is incorrect, could our value calculation be incorrect as well? This is when I usually go back to the storyboard to see if the company and the market sentiment is still what it is. If it is not, I would admit I made a mistake and cut my losses. If I think the core story is still intact and it is a temporary event that is causing the bleeding, then I would maintain it. All said, I have a bottom cutloss point for every company I invest in. I am not the HODL type, nor the value investor that ignores the prices for years. It's hard to eat a loss and take money off the table. It's always that internal battle between ego and finances. Unfortunately for me, I found out that my ego is more expensive to maintain than a mistress. I try to do better now.

Hope this helps.

Yup, cut loss doesn’t exist for fundamental investors, sell is the term used instead..but both mean the same thing la loosely speaking..

Without getting into the nitty gritty, I think the chances of choosing a wrong stock is relatively low if one has done his/her homework, if not what does “value” investing mean to them to begin with..?

That is not to say they won’t make mistakes la, after all valuation of a company may vary from one person to another, the gap in between allows mistakes to occur..opportunity loss is the price to pay for..

Generally, as long as the company does well in terms of earning, the share price will follow.. time is the edge investors have..

Cheers

Hi Sis,

If you have free time, learn another trick/startegy/schoolofthought, Trend Follower.

They dont do what everyone does in FA/TA. Only pick the best tool, to make the best trade and invest strategy.

I encourage you to check upon, Michael Covel books below,





But these strategy are not the overall answer to our stock selection,investing strategy and buy calls.

No body can predict the future stock prices and time.

For me i mostly buy based on FA. So i can frankly tell you whenever i bought mostly it will be red for awhile as sometime technically the stock downtrend still persist.

Short term red is ok for me, for i always try to to spot value before the market does and go in sometime before the company start showing their worth. Particularly i always go in when there is some crisis or the company is performing at it worse period, not stock price but actual financial performance is bad.

But there are cases whereby im wrong and my stock pick thesis is wrong, eg i bought IBM in 2017 for their blockchain and quantum pioneer work, but that stock has not been performing and market did not reflect that even after 2 years, and i need to cut it. Not much losses but wasted capital i could have put into microsoft instead. That time i was considering this two and i choose IBM.

I think for people that buy in FA is that the story for the future of your stock you had in your mind must align with reality. If the story does not align you need to start question yourself and accept reality, dont come up with bullshit theory to justify that you are right and keep on being stubborn.

I usually hold a stock min 6 month to a year to ensure what i had in mind tally with market or not. If after 1 year and the stock price still not performing you really need to question are you right or market is right.

Tq very much for entertaining my question.

Knowing, admitting and rectifying our mistakes is a must, in regardless whether we are a trader or an investor.

Strong conviction in one's reasoning is the strength and also the weakness of the investor. A good investor believes in their valuation, which is very good cos when the stock falls, they have the conviction to buy more cause they believe that what they are doing is correct. Most of the time, this is when and how they make the big bucks.

But unfortunately, this could also be the biggest downfall. The strong conviction to hold the stock, despite it falling could cause serious damage if the investor fail to acknowledge that they were wrong with their investment reasoning.

Wow!! Many thanks for the share!!

Hahaha...... Nice of you to join in.

Hmm...

Sell is sell, Cut-Loss is Cut Loss. Never mix-up the terms. But I'm referring to STOP-LOSS.

Sell can be magnified to -100% loss sell and the investor stomach all the losses and left dry hanging. Like counters that gone into cold storage after Years in stock market.

Cut-loss is like you got cancer, you got to cut it, no choice. Or else you`ll die.

stop-loss is a strategy with a risk management in play. Eg, Like you got cut from a blade/glasses due to unexpected accident, will you continue letting it bleed or will you do something about it?. . I`m sure you will know what to do.

If you are not careful, also can lead you to having amenia, because too much loss of blood.

like Warren Buffet, there`s many way looking at value. Timing/Patience/Long game. But before going into that realm, you got to begin with Benjamin Graham. That is his real school of thoughts.

Warren Buffett, Coca-Cola was never great at start and only sold handful in it early years , but able to keep rolling like snowball till now, and you`ll still drink it.

Be it recession, or growing economy, depression Or the world went to war...or the asteroid coming to collide, or Elon musk set foot on Mars..

Coca-Cola will always be, Ahhhh that feeling.

And growing company, over X time will build value, people, culture. Some will aged well to 5 generation while some will aged as we are or maybe just a day company.

Warren Buffett have gave us all good wisdom of value investing that he learnt from Benjamin Graham..and maybe in about another 50 years into future, we might have another Value Investor. It could be anyone.

Just 2cent

yes big Dragon Well written

Apologize to all for my thoughts here and there with some weak sentences.

Athena here is overheating cause by crunching future algorithms of market at same time thus need to go hibernate for few hours. More xamzolam

just for you!
https://mega.nz/file/pB1UgDyZ#7FdGSYvN-UrsS...bxWAUZWRTL3mybI

u or anyone interested in glove shorts may want to read this:
https://klse.i3investor.com/blogs/bursainve...ime_to_Time.jsp


you shall not pass.
https://www.youtube.com/watch/mJZZNHekEQw

This post has been edited by AVFAN: Jan 9 2021, 09:36 PM

Yes rss shall not pass. so Short seller, was Gandalf.

"throwing more money to defend the opened short positions might not be the best course of action for the short seller."

Ouch, got drag downed.

Maybe Monday will be

https://www.youtube.com/watch?v=EmTz7EAYLrs

ss/jpm is balrog.

Really! 40 B on Tesla