Quick Lesson
Next Entries »Quick Lesson - When to take profit
Sunday, January 14th, 2007I remember for one of my trade, UTAC, before the mid 2006 correction, it was priced at $1.10, and i bought it at $0.80 cents. Thats a 27% rise. It has already hit my target at $1.00. Being greedy, i didn’t want to sell it.
Over the next few weeks, I saw the price fall back […]
Quick lesson - Cut loss at 7-8%, always
Saturday, January 13th, 2007One common mistake made by many stock investors is the inability to realise their “buy” was infact the wrong “buy” at the wrong time.
Lets take this example. You own 2 stocks, Stock A and Stock B. Stock A grew +10% over the last 1 month, while stock B fell -5% over the last 1 month. […]