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Biggest Loss?

Now Blue Chips are not cheap anymore !

awchyeong      ( Date: 28-Apr-2010 00:48) Posted: I had paid the tuition fee and learned. When i just invole in share market, i follow most of the beginner doing. bought penny stock, thinking that if price up by half or one cts, i can earn coffee money for the day already. finally i lost about 30+k in one year, i learned and decided not to touch the penny stock especially china stock. just concentrate on the local blue chip. my strategy let me earn about  30+K each year for the last two year. about 25% return. I am contented.

 

I had paid the tuition fee and learned. When i just invole in share market, i follow most of the beginner doing. bought penny stock, thinking that if price up by half or one cts, i can earn coffee money for the day already. finally i lost about 30+k in one year, i learned and decided not to touch the penny stock especially china stock. just concentrate on the local blue chip. my strategy let me earn about  30+K each year for the last two year. about 25% return. I am contented. 

 

I'm rather small cash lost than huge paper lost.... whichever lost still a lost !!

 

A person needs to experience death inorder to understand the meaning of living.......it takes a wise man to learn and a fool to follow.

 

 

Cash loss. Could have paid for it but decided to cut loss (again something against my investing principles). Made back the money from other investments later but painful lesson. Cheers

Peg_li      ( Date: 27-Apr-2010 23:24) Posted: is it paper loss? if paper loss, I think more people would loss than you. if u play contract and cash loss, that is very terrible.

 

Agreed. But hindsight is always a wonderful thing. Cheers.

senecus      ( Date: 27-Apr-2010 23:14) Posted: Don't involve in s-chips.......

 

is it paper loss?

if paper loss, I think more people would loss than you.

if u play contract and cash loss, that is very terrible.

 

 

14K within 1 week :(

blackstreams      ( Date: 27-Apr-2010 23:10) Posted: Just curious, in which stocks have u made your biggest loss? Mine was ChinaXLX when playing the dual listing. Was trying out to see how good I was at trading at that time. Lost $26 000 in nine crazy minutes. Swore to myself never to trade like that again. Have to salute the BB pump and dump technique. Cheers.

 

Don't involve in s-chips.......

 

 

Just curious, in which stocks have u made your biggest loss? Mine was ChinaXLX when playing the dual listing. Was trying out to see how good I was at trading at that time. Lost $26 000 in nine crazy minutes. Swore to myself never to trade like that again. Have to salute the BB pump and dump technique. Cheers.