Problem is many of us know how to buy but how many can master the art of letting go even at cutting loss??? The heart and head is always on conflict... can some gurus teach us ????
My portfolio is now riding the bull but I know if the bear come, the demon in me will beat me.. History will repeats unless I Learn quickly too..
Share my experience : be selective in our stock pick
Determine our stop loss price before we enter (need to know the losses we need to sustain if trend reverse) as we tend to be affected in a running mkt.
how about all the profits gained? must strike a balance in your posting
Problem is many of us know how to buy but how many can master the art of letting go even at cutting loss??? The heart and head is always on conflict... can some gurus teach us ????
My portfolio is now riding the bull but I know if the bear come, the demon in me will beat me.. History will repeats unless I Learn quickly too..
Reply to @Ccm : You will miss out some dollars but if you are satisfied with your profit then good to be contented.
Another way is to reduce your holdings by taking back your capital and some profits and let the remainder ride till the end.
HUAT AH!!!
Share my experience : be selective in our stock pick
Determine our stop loss price before we enter (need to know the losses we need to sustain if trend reverse) as we tend to be affected in a running mkt.