But the profit is lesser..............due to the price u short at 25May10(based on that day the high is at $1.77.....<the price i guess u may have short>). Anyway depends on how many lots u bought. In thousand / hundred lots, that will make difference. The profit will be alot. 

susan66      ( Date: 25-May-2010 21:18) Posted: Really like this counter, so nice downtrend all the way. Short again during yesterday's rebound, never expect this time don't need to "hit-and-run", everything close so low. So will continue to hold until downtrend stops. This morning break $1.68 I sense don't need to cover today. After STI breaks 2666, confirm to "let the profit run"!

Indeed seems to be. And some will be happy, some will be sad.

iPunter      ( Date: 28-May-2010 15:09) Posted: I believe we are now in the midst of a fierce roaring bull market again... Thanks no little to 'good old economic cycles'...  shadowmoon      ( Date: 27-May-2010 08:05) Posted: During the time of great depression, i believe ppl think like what u say also. But time will shows that the problem will eventually be solved/ maybe covered??........... Think more into it, that maybe the reason why there is a cyclic movement in economic crisis...................

I believe we are now in the midst of a fierce roaring bull market again...

Thanks no little to 'good old economic cycles'... 

shadowmoon      ( Date: 27-May-2010 08:05) Posted: During the time of great depression, i believe ppl think like what u say also. But time will shows that the problem will eventually be solved/ maybe covered??........... Think more into it, that maybe the reason why there is a cyclic movement in economic crisis...................

In here, seems like long term investor to majority..... they are those that will not profit more.

N Ipunter is right that : long term Investors are able to withstand long periods of being "pok!"...

Let put it this way, stock market move in cyclic. What goes down will eventually move up again. But of course must select good FA stock.

Lastly in actual long term investor in fact may profit more than those that keep plug in n out.

N To be frank, recession come in a cyclic. So in actual, now is the time to long instead. But must buy the stock at idea pricing lah. Than when economy recover, all stock price will eventually be more expensive. At this time, i will than heng shin (jap language) into a trader that trade in short term. Bc by that time, don't waste yr time to buy expensively to long.

But if u trade for a living...... than that maybe different as U need the profit to feed yrself.

Hi DnApeh,

I agree with you. Trade is Trade, Invest is Invest.

A trader must cut loss between 7% to 10% and preserve his capital for future trades.

A investor must invest only in good companies and will hold regardless of market condition.

My advice is for gohsyu only.

gohsyu situation is that he does not has a strategy and probably has loss over 20% on capital.

That's why he's asking should he cut loss or hold.

I'm simply giving him a strategy based on his situation and the share he brought.

This is not an advice for all Traders and Investors.

My advice to all market players is... Before you Buy any stock, you must already has a strategy for that stock.

You either trade or invest. You don't switch from a trader to an investor when you loss money.

As for gohsyu case, he brought Ezra, which to me is an ok company to invest in. If he has brought a company that I feel lacks fundamentals, I'll ask him to sell immediately.

Hi, Alex.

Trade is trade, invest is invest.

Cannot lose money than become investor one.

Only Thermasick can do that.

But you are also right to say that...

And I like your straightforward, no-nonsence frankness very much too... 

Good post, Sir...

To cut loss or hold depends on your plan with Ezra.

If you're planning to trade, I suggest you cut loss at 10%.

If you're planning to invest, then I suggest you hold and average down later.

However, if you are trading and your loss is greater than 20%, I think it's too late to cut loss now.

It's probability better for you to change your plan and invest in Ezra instead.

Ezra is not really a bad company to invest in. It most likely will rise again in the future.

But, you must be prepared that Ezra may drop below 1.20 before rebounding.