Value invester like maths, ok we do some over here, very simply math for Pr. 1
say u buy Ezion at 80c, now it is 1.8, wow, my value stock is now 138% gain, plus div, 4% THAT MKE 142% , WOW I am smart, look , i follow WB, but they did not sell, on the contrary they think they are smart so they add on more at 1.80.
now big bad news hit the mkt. the counter go down by 70%, that is 1.8 minus 70%, now it is only 57C!!!!!!!!!mkt can go down 70% in a crash, you can see the chart for yourself.
now u buy 80c become 57c, you lose 30%, are your counter still value.LOL
now you look smart sitting on losses, simple math, right? and in a crash , stock go down faster than it take months to go up. within weeks, u go see chart yourself.
That is why i said you must have a stop loss, this is not sound nice like what the guy over the other thread said, this is to protect your profit.
If you have a stop and you got stop out at 20% for value, because u do not want trading stop of 8% to stop you out unnecessarily, imagine , the profit you would have make later when you enter at one of the low!!!, but value invester do not see it this way take stop loss seriously,Â
I have sino grandness, ezion and those so call value, i sell them along the way, i dont see these any value except blue chip.
I see them big fall later this yr.
Value invester hold till cow come home, WB will very soon be proof wrong on all his recent investment. we see.
But trader is different we can only lose this much, we may lose our pant, but value invester lose thoer pant and shirt, plus their underwear.LOL
we see, we see ,we see
I am not calling , because we are in danger time, look like you guy here are not trading but are value,Â
my suggestion is for you to stay in blue chip, dont follow those guy and invest in mid cap.Â
i remember when i first come here, some wise guy was talking abt s-chip saying how valuable they are, like foreland and qingmei, now they are all quiet, look at the 2 counters now.
they are really value stock now, of a few cent!!!! very cheap, u want to buy, but we trade them.
tkimcs,
so today on, you shd stop trading , i will not make call for you to trade.
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good luck.
Just dont have a stop and we will see how smart you are, very soon we will see that.in 2nd half.
Bear , and Bull , trader make money, value invester like Kevin Scully and those here will get slaughter like pig.