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Biggest Loss?

Hi alex.. thanks for clearing my doubts.. when i first bought the stocks.. i dun really have an objective.. just kinda testing mkt.. lol.. trial and error.. i m not greedy.. if i can make $100.. i m happy like a little bird.. that much said, some stocks like SIA.. i do have plans to hold it longer.. more for long term.. i did bought some more lots to avg my losses down ..so now just tot of keeping it them there for paper losses.. since i m in no hurry to use those cash.. 

Thanks so much for ur pointers.. has helped me think and plan more clearly now.. cheers^^

alexchia01      ( Date: 06-May-2010 21:06) Posted: First, you must decide what is your objective when you brought the stock? Are you looking for cash flow or long-term capital growth? If you are looking for cash flow, than you must think like a trade... Cut loss and buy a better stock or at a better time. If you are looking for long-term capital growth, than you must think like an investor... Hold and average down later. hopeless2212      ( Date: 06-May-2010 19:19) Posted: Thanks for reply.. :) .. let's say if the company that i bought.. are pretty sound.. and judging from their financial reports, doesn't look like it is going to be bankrupt anytime soon.. it should be ok rite? hehehehe.. just started trading.. and this happened.. wahhahahah.. so dun think i will buy anymore in the meantime.. :) .. balance cash .. keep inside bank better .. hehe..

 

The point of this type of post is that it can make newbies feel better...

But usually, they don't... 

hehehe...

blackstreams      ( Date: 06-May-2010 22:00) Posted: What's the point of your post? To make yourself feel better?  iPunter      ( Date: 06-May-2010 21:35) Posted: Many don't want to listen to me when I posted this before:-          "Don't play with  stocks"... and                 "Not losing is already winning"...                         hehehe...

 

Ah, in that case, you'll find many people will appreciate something more concrete, rather than a philosophical statement. :) One thing I do agree tho, in a bearish market, not losing is already winning. Defensive stocks are a blessing during downturns. Cheers.

 

Ipunter makes a lot through shorting.......

 

 

Of course the main goal of people is to listen to tips and hints on how to make money...

 

In the end, many will come to realise, at their own cost,  what are the really helpful hints...

Helpful in the sense that their lives are improved by heeding it... 


The ultimate goal of playing stocks is to make money...

And invariably, more than many will finally realise the truth that "Not losing is already winning"...

hehehe...

 

What's the point of your post? To make yourself feel better? 

iPunter      ( Date: 06-May-2010 21:35) Posted: Many don't want to listen to me when I posted this before:-          "Don't play with  stocks"... and                 "Not losing is already winning"...                         hehehe...

 

noobnoob, alexchia01. Clap! Clap! Clap! Clap! Clap!. I was getting tired of some of the gloating and unhelpful things being posted on this forum. Cheers.

noobnoob      ( Date: 06-May-2010 21:57) Posted: Can see u make effort to express ur views clearly.. good tips Much better than most who make pointless rantings trying to tok the mkt up or dwn...   alexchia01      ( Date: 06-May-2010 21:06) Posted: First, you must decide what is your objective when you brought the stock? Are you looking for cash flow or long-term capital growth? If you are looking for cash flow, than you must think like a trade... Cut loss and buy a better stock or at a better time. If you are looking for long-term capital growth, than you must think like an investor... Hold and average down later.

 

Can see u make effort to express ur views clearly.. good tips

Much better than most who make pointless rantings trying to tok the mkt up or dwn...

 

alexchia01      ( Date: 06-May-2010 21:06) Posted: First, you must decide what is your objective when you brought the stock? Are you looking for cash flow or long-term capital growth? If you are looking for cash flow, than you must think like a trade... Cut loss and buy a better stock or at a better time. If you are looking for long-term capital growth, than you must think like an investor... Hold and average down later. hopeless2212      ( Date: 06-May-2010 19:19) Posted: Thanks for reply.. :) .. let's say if the company that i bought.. are pretty sound.. and judging from their financial reports, doesn't look like it is going to be bankrupt anytime soon.. it should be ok rite? hehehehe.. just started trading.. and this happened.. wahhahahah.. so dun think i will buy anymore in the meantime.. :) .. balance cash .. keep inside bank better .. hehe..

 

Many don't want to listen to me when I posted this before:-

         "Don't play with  stocks"... and

                "Not losing is already winning"...

                        hehehe...

 

First, you must decide what is your objective when you brought the stock?

Are you looking for cash flow or long-term capital growth?

If you are looking for cash flow, than you must think like a trade... Cut loss and buy a better stock or at a better time.

If you are looking for long-term capital growth, than you must think like an investor... Hold and average down later.

hopeless2212      ( Date: 06-May-2010 19:19) Posted: Thanks for reply.. :) .. let's say if the company that i bought.. are pretty sound.. and judging from their financial reports, doesn't look like it is going to be bankrupt anytime soon.. it should be ok rite? hehehehe.. just started trading.. and this happened.. wahhahahah.. so dun think i will buy anymore in the meantime.. :) .. balance cash .. keep inside bank better .. hehe..  DnApeh      ( Date: 06-May-2010 19:05) Posted: Yes, u are right in a sense. It is usually a matter of time before the price come back. However, there is a chance that the company may go bankrupt and you loss all your money. Also, you lose the chance to buy more lots at lower prices as your money is "stuck".

 

I'm also learnt today...trend is your friend...believe me trend is down then it should be down...

 

Ive lost a lot in warrants last year. Around 50K in one month. Even up to now, just thinking about it makes me feel depressed. Its good my wife supports me and understands. I swore to myself to avoid them or only trade warrants at small amounts. Things I have learned, dont try to guess the bottom or top. I also avoid penny stocks. If you got profit, dont be greedy. The trend is your friend.

 

Thanks for reply.. :) .. let's say if the company that i bought.. are pretty sound.. and judging from their financial reports, doesn't look like it is going to be bankrupt anytime soon.. it should be ok rite? hehehehe.. just started trading.. and this happened.. wahhahahah.. so dun think i will buy anymore in the meantime.. :) .. balance cash .. keep inside bank better .. hehe.. 

DnApeh      ( Date: 06-May-2010 19:05) Posted: Yes, u are right in a sense. It is usually a matter of time before the price come back. However, there is a chance that the company may go bankrupt and you loss all your money. Also, you lose the chance to buy more lots at lower prices as your money is "stuck".   hopeless2212      ( Date: 06-May-2010 19:00) Posted: ( sorry .. typo )   Hi all.. i m very very new to trading.. just curious.. if i dun *need* the $$ inside those shares that i bought.. i can just keep it inside and suffer paper losses rite? Dun have to throw all out and lost $$ .. i believe 1 fine day.. prices will be up again.. :) .. as for now.. only my SIA shares are still making $$ to cover losses for the rest of my shares..  Sorry to sound so naive.. hopefully will get some guidance here..  Thanks all!

 

Yes, u are right in a sense. It is usually a matter of time before the price come back.

However, there is a chance that the company may go bankrupt and you loss all your money.

Also, you lose the chance to buy more lots at lower prices as your money is "stuck".

 

hopeless2212      ( Date: 06-May-2010 19:00) Posted: ( sorry .. typo )   Hi all.. i m very very new to trading.. just curious.. if i dun *need* the $$ inside those shares that i bought.. i can just keep it inside and suffer paper losses rite? Dun have to throw all out and lost $$ .. i believe 1 fine day.. prices will be up again.. :) .. as for now.. only my SIA shares are still making $$ to cover losses for the rest of my shares..  Sorry to sound so naive.. hopefully will get some guidance here..  Thanks all! hopeless2212      ( Date: 06-May-2010 18:59) Posted: Hi all.. i m very very new to trading.. just curious.. if i dun the $$ inside those shares that i bought.. i can just keep it inside and suffer paper losses rite? Dun have to throw all out and lost $$ .. i believe 1 fine day.. prices will be up again.. :) .. as for now.. only my SIA shares are still making $$ to cover losses for the rest of my shares..  Sorry to sound so naive.. hopefully will get some guidance here..  Thanks all!

 

( sorry .. typo )

 

Hi all.. i m very very new to trading.. just curious.. if i dun *need* the $$ inside those shares that i bought.. i can just keep it inside and suffer paper losses rite? Dun have to throw all out and lost $$ .. i believe 1 fine day.. prices will be up again.. :) .. as for now.. only my SIA shares are still making $$ to cover losses for the rest of my shares.. 

Sorry to sound so naive.. hopefully will get some guidance here..  Thanks all!

hopeless2212      ( Date: 06-May-2010 18:59) Posted: Hi all.. i m very very new to trading.. just curious.. if i dun the $$ inside those shares that i bought.. i can just keep it inside and suffer paper losses rite? Dun have to throw all out and lost $$ .. i believe 1 fine day.. prices will be up again.. :) .. as for now.. only my SIA shares are still making $$ to cover losses for the rest of my shares..  Sorry to sound so naive.. hopefully will get some guidance here..  Thanks all!

 

Hi all.. i m very very new to trading.. just curious.. if i dun the $$ inside those shares that i bought.. i can just keep it inside and suffer paper losses rite? Dun have to throw all out and lost $$ .. i believe 1 fine day.. prices will be up again.. :) .. as for now.. only my SIA shares are still making $$ to cover losses for the rest of my shares.. 

Sorry to sound so naive.. hopefully will get some guidance here..  Thanks all!

 

Yes, it is very important to cut loss.

But most people after cut loss already, the price shoot up, perhaps because the cut-loss level is not right.

What is important is to understand the concept of support/resistance levels, so that we can set reasonable/educated cut loss level.

I thus strongly encourage new players to learn FA/TA for up-grading.

Thank you for reading.

iwonder      ( Date: 06-May-2010 18:33) Posted: You are right....it is good to cut lost so that you can come back again. If you are vested in the market and the market gap down, everyone will be affected...the only thing is how badly affected.  If you are not playing contra.....it should be ok. We don't know how low it's gonna go.....but I am going to nibble a bit tomorrow.   neesan      ( Date: 06-May-2010 16:21) Posted: ya learned not to be too greedy...

 

You are right....it is good to cut lost so that you can come back again.

If you are vested in the market and the market gap down, everyone will be affected...the only thing is how badly affected.  If you are not playing contra.....it should be ok.

We don't know how low it's gonna go.....but I am going to nibble a bit tomorrow.

 

neesan      ( Date: 06-May-2010 16:21) Posted: ya learned not to be too greedy... DnApeh      ( Date: 06-May-2010 16:13) Posted: Lose $ is OK, can make back. Important question is: Got learn anything or not? If never learn anything, then the $ lost is wasted.

 

actually this a peanut crisis compare with lehman crisis...