Jun 18 2020, 07:44 PM
QUOTE(Boon3 @ Jun 17 2020, 09:51 AM)
Gave it another thought this morning.
Betting on dark horses, the second or the third liner, on the average it really, really never pays as well as the top players.
Top stocks in any given sector is top is given the top rating because it outperforms, in terms of share price movement.
Firstly, now we are in this to WIN money right?
right?
Yes, I know, this is a TRADER thread and I am a trader ....
BUT..................
does it really matter? We are IN the market to win money and for me, it doesn't matter if one is investing or trading, most important for me, is that we can adapt the best strategy that helps me win money consistently in the long run.
Now the reason to be in the glove sector was mentioned CASUALLY in the following posting #2123..
please do READ that....
now if one is ok and assessed all the necessary RISKS that the SPECULATION that glove markers will once again soar, like it did during the SARS and one had realised that the top stock in the sector SOARED, then what's left is to choose which stock.
My principle, one sector, only one stock. That's what suits me. Whack it all. Doesn't matter if one says I'm putting all the eggs in one basket. YES, normally that's not the wise thing to do BUT if one had assess the risk properly, why not? All I need to know is when to know I am bloody WRONG, admit it, and cut my loss. Most important, I must know where and when my exit strategy. The risk is all the same.
So choosing the stock. I must not be lazy. Open the situpid charts and check. Exercise my fingers. Which one outperform the most during the SARS era?
Again it points out to TOP GLOVE and SUPERMAX.
One of these two..... easy pick. I asked myself which one did I dislike the least... lol...
Now looking at the current result...
TOP GLOVE how many baggers?
SUPERMAX how many baggers?
aren't they big, big winners?
Look at Kossan... yes, it has performed well but has it even doubled its price yet?
So once again, the results show.....
ps...in the next few years, if another pandemic strikes, would I consider Kossan? Sorry answer is no. It's a second liner... and second liner usually comes in second.
Just applying the basic law of average.....
Ahhh.. I see. Good write up👍Betting on dark horses, the second or the third liner, on the average it really, really never pays as well as the top players.
Top stocks in any given sector is top is given the top rating because it outperforms, in terms of share price movement.
Firstly, now we are in this to WIN money right?
right?
Yes, I know, this is a TRADER thread and I am a trader ....
BUT..................
does it really matter? We are IN the market to win money and for me, it doesn't matter if one is investing or trading, most important for me, is that we can adapt the best strategy that helps me win money consistently in the long run.
Now the reason to be in the glove sector was mentioned CASUALLY in the following posting #2123..
please do READ that....
now if one is ok and assessed all the necessary RISKS that the SPECULATION that glove markers will once again soar, like it did during the SARS and one had realised that the top stock in the sector SOARED, then what's left is to choose which stock.
My principle, one sector, only one stock. That's what suits me. Whack it all. Doesn't matter if one says I'm putting all the eggs in one basket. YES, normally that's not the wise thing to do BUT if one had assess the risk properly, why not? All I need to know is when to know I am bloody WRONG, admit it, and cut my loss. Most important, I must know where and when my exit strategy. The risk is all the same.
So choosing the stock. I must not be lazy. Open the situpid charts and check. Exercise my fingers. Which one outperform the most during the SARS era?
Again it points out to TOP GLOVE and SUPERMAX.
One of these two..... easy pick. I asked myself which one did I dislike the least... lol...
Now looking at the current result...
TOP GLOVE how many baggers?
SUPERMAX how many baggers?
aren't they big, big winners?
Look at Kossan... yes, it has performed well but has it even doubled its price yet?
So once again, the results show.....
ps...in the next few years, if another pandemic strikes, would I consider Kossan? Sorry answer is no. It's a second liner... and second liner usually comes in second.
Just applying the basic law of average.....
Quote
.... but what's the use cause DPU is declining... and as long as it declines .. the stock will get hammered) 
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