Ezra    Last:0.011   -

Ezra

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"!

 

Did you buy in after I cover my short position? If so, congrats. Timing just right, now is win-win situation liao!

Hulumas      ( Date: 28-May-2010 15:01) Posted: No more cut loss, just keep on buying! gohsyu      ( Date: 26-May-2010 09:15) Posted: Hi all, thank you for all the advices. Everyone are so helpful in this forum. I think i will cut loss since today rebounded.

 

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...................

 

No more cut loss, just keep on buying!

gohsyu      ( Date: 26-May-2010 09:15) Posted: Hi all, thank you for all the advices. Everyone are so helpful in this forum. I think i will cut loss since today rebounded.

 

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...................

 

 

If man can predict, there would have been no need for a meltdown at the peak of a roaring bull market on bright and sunny days.

Measures are one thing,

Events are another... 

 

This morning see news from IMF that Euro system is ok. No risk of getting us another economy big dip. That maybe the reason why STI recover well today.

N to be frank, i believe they will have way to cover/ make it through......................as they can't let the whole economy collapse just like this.

But the process maybe slow.......

 

 

I agree with everything you said...

However, the part about market cycles may need looking into.

We are in a practically and largely unprecedented stage in the history of the world economy. What we have experienced recently is a real systemic failure. It is a failure due largely to a free-for-all availability of credit to all and sundry. Although the system itself is able to 'withstand' to a large extent all the subsequent propping-up measures a la bailouts by govts, there is no  certainty that this 'antidote' alone will put the economies back on its feet and be humming like it did before. To equate this situation with 'cyclical' economic growth under such a circumstance, is I think being a bit overconfident and optimistic, particularly due to the fact that easy credit may not be as easy to come by as before. Furthermore, even if easy credit policies for all were to be re-introduced for the expedience of boosting the economy, that alone may not be sufficient to prod consumers to spend wildly again, especially those who had suffered the consequences the recent meltdown. Thus, to talk about a 'cyclic' recovery under such a situation is not agreeably realistic. From this point of view, it would be preferable to pay more attention to when the current bad situation will actually end, rather than jumping the gun and envisaging a rosy 'cyclic' recovery.

 

 

 

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.

 

 

alexchia01      ( Date: 26-May-2010 10:09) Posted: 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. DnApeh      ( Date: 26-May-2010 08:36) Posted: Hi, Alex. Trade is trade, invest is invest. Cannot lose money than become investor one. Only Thermasick can do that.

 

The only difference, as I see it, is that-

Investors are able to withstand long periods of being "pok!"...

Whereas traders can't bear to see even a small loss.

Nothing personal, though...

Just a universal truth...

 

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.

DnApeh      ( Date: 26-May-2010 08:36) Posted: Hi, Alex. Trade is trade, invest is invest. Cannot lose money than become investor one. Only Thermasick can do that. alexchia01      ( Date: 26-May-2010 00:25) Posted: 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.

 

Hi all, thank you for all the advices. Everyone are so helpful in this forum. I think i will cut loss since today rebounded.

 

Hi, Alex.

Trade is trade, invest is invest.

Cannot lose money than become investor one.

Only Thermasick can do that.

alexchia01      ( Date: 26-May-2010 00:25) Posted: 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. gohsyu      ( Date: 25-May-2010 22:12) Posted: Can anyone tell me should i cut loss for this counter or should i hold it since now like too late to cut??? Thk you.

 

But you are also right to say that...

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

Good post, Sir...

DnApeh      ( Date: 26-May-2010 00:02) Posted: No, i do not think you should talk to your broker who has vested interest. (if your broker is so good, he woud be trading himself) You bought at 1.8+, now 1.6+, are you prepared to cut loss at 10% ? Take this chance to study FA/TA, and aim to trade better in the future. All the best!

 

Wow...

You also like to have big fatty bom-bom profit...

hehehe...

 

Wow, you make me real happy, if really drop to $1.20 I can earn a lot! I thought if can reach $1.46 already quite good!

alexchia01      ( Date: 26-May-2010 00:25) Posted: 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. gohsyu      ( Date: 25-May-2010 22:12) Posted: Can anyone tell me should i cut loss for this counter or should i hold it since now like too late to cut??? Thk you.

 

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.

gohsyu      ( Date: 25-May-2010 22:12) Posted: Can anyone tell me should i cut loss for this counter or should i hold it since now like too late to cut??? Thk you.

 

No, i do not think you should talk to your broker who has vested interest. (if your broker is so good, he woud be trading himself)

You bought at 1.8+, now 1.6+, are you prepared to cut loss at 10% ?

Take this chance to study FA/TA, and aim to trade better in the future.

All the best!

 

 

I suggest you have a word personally with your broker.

He should be the best person in the best position to give you his/her views/suggestions...