.... you need a new nick laaa..... honestly...

Suicide Guy.... sounds so.... err..... glooomy...



Ok... so you have had 3 horses....





favco success sign....

So if you have to pick one based on charts.... which would you pick?
... and if you have to pick one ... based on fun fun stuff..... which would you pick?

how?

let me know your picks.... 

That's basically understanding the risk reward ratio. Google it.

Oh yeah. Mistakes. We will all be making mistakes. No one is gonna be perfect. In trading/investment, the ability to understand and accept that one has indeed  made a mistake is what makes a market winner. Cutting loss definitely makes more sense than letting the market decide our fate in a trade gone bad. Cut loss plans? Google on these two topics. 'position sizing' and 'expectancy'...

your question... percentage loss or earnings result.
Let's view on common sense.

percentage loss. Some would say while it ensures the loss is contained, such strategy would come and bite us back if the stock rebounds... but ....what if we are not lucky... what if the losses grows?

waiting for the results.... woo.... results favorable, the stock could fly. My losses would soon turn into profit.... Oooo.. I am a champion.
But.... if results bad..... really bad.....our losses could be even bigger.

Now if you agree that risk management is important... what would you favor?
They have this saying in the market ...... buying it right... helps eliminates most of the problem. Would you agree?

Over your time as a market player, you would encounter countless theories on how to play the market. But so many theories. Macam mana? Some make sense, some just purely sin kar, some totally ludicrous. How to know which one? Which method? I have always advocate that in order to achieve the best possible result, you need to play your A game, your BEST of BEST GAME. If you are a trader, trade. If you are an investor, invest. It gets more complicated than that because as you know, there are just so many ways to trade/invest/etc etc. (which is why paper trade is so important. This is your discovery period, where you discover who you are, which METHOD you are good at, what you suck at.. etc etc etc).

As a trader, knowing the funnies is just an EXTRA but yet VALUABLE option. You understand the potential catalyst that investors seeks in a sock. And yes, as badly as I despise bottom fishing/deep value investing ie.. buying a stock just because of its value DESPITE its clear decaying economics of its business structure. It just means as a trader, you understand why and when there might be buying catalysts that could drive up a stock. 

As we know, the very basic and common sense why people want to invest/buy a business is because the business is going to make more money. The future potential is bright. All the shareholders of this business will earn more. So naturally people would just want IN.  And in the stock market, such action causes buying frenzy, which naturally drives up the stock higher.

Hence, knowing the funnies will give you an advantage.

If one trades based purely on the charts... one is trading based on what the markets wants you to trade. I find that this method for a trader, one is always a step behind.  There is no EDGE at all....