Yes, but if u cut loss and hold cash, when it goes down further, u can buy back at a lower price.
It boils down to your judgement.
But if u feel stressed to buy, then don't buy, just hold cash.
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STI Down 70 points
- Thread starter TracyTan866
- Start date
Yes, but if u cut loss and hold cash, when it goes down further, u can buy back at a lower price.
It boils down to your judgement.
But if u feel stressed to buy, then don't buy, just hold cash.
I sold dbs I bought yesterday. sold at 18.40
Good profit.
Ok lah. I was not greedy. Simple strategy. Take profit when target is reached. tmrw is a new day and new challenges
why do u think tmrw is a doomed day?
Well. History repeat again.
Last 2 days big drop. Remind me the days of 2009.
I bought a lot penny that time. This time, I will keep my money. Last bullets and hoot blue chip.
U see sci. Below NBV. So attractive. Keppel corp also.
Let us see Wall Street's opening today
ytd, kepcorp n dbs lowest prices were 6.49 n 17.65 respectifly ...
2day, day highest prices 4 kepcorp n dbs were 7.01 n 18.41 respectifly ... (b4 16:58, day hi 4 kepcorp was 6.98) ...
u seem 2 haf tis uncanny ability of buying shares @ their lowest day prices n sel dem close 2 their day hghest prices ...
I study the stocks and don't rush in unprepared. If I have to hold and wait I will do that. patience is a key element of share trading.
just put up the price you want and wait. if it hits, you get trade. if doesn't hit, come again the next day
Sci dropped from 5.8 to 4.8 then I scoop.
Later drop some more I scoop at 4.
Then fall to 3.5. I scoop. Some more.
Then fall to 3.24 last week. I scoop some more.
I scoop till I scare liao.
Same with my ste. Semb marine and some others share.
I didn't buy at highest. But also lose.
Hahaha
average down like what u did can be dangerous unless you hv deep pockets.
sometimes, it may be better to just keep your cash
Cut semb ind? Already so low price. Below NAV some more. I am OK to hold few years.
I think even I keep cash. Cut loss and buy. I may buy wrong counter also. Sigh.
tracy, what do you think about ocbc and M1?
Well. If uob, dbs and ocbc. I prefer dbs.
If m1 , singtel and starhub. I prefer singtel.
I have dbs. Ocbc and singtel.
Is OK to hold 3 bank. 3 are quite strong.
But telecom business. I think singtel doing better among the three.
Buying China stocks is like, playing the "see gore luck" games they used to have in the back lanes, in the past...where they have 'players' winning from the banker to attract attention, you place your bet ( investment for long term), you will win a bit....but, the ending you know right....
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