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Poll: When do you buy shares

how about profit taking? Maybe i need to post another one - when to sell your shares... the holiday effect... sell sell sell before holiday?

 

There is a reason why although I look at stocks with long term potential, I don't "die die must hold". Let's say you have 30 lots. If you managed to sell off the stock early during the correction and buy back at a lower price, next time you would be able to buy  maybe 50 lots. Keep doing this and slowly your lots increase.

 

For those using margin, it is always best to leverage up when all your previous positions are at paper profit and when the stock makes its first break out. This is time you make your last or second last buy. 

 

At least have one powerful stock for long term investment. The rest you can trade all you want.

 

Again as I mentioend before, long term investment does not mean "die die must hold" but you "die die" keep an eye on it. Just "play around with it" with buy and sell as the stock does not move up in a straight line. 

 

With small price movement nowadays, I don't think being an intraday trader is a good thing.

For example, price movement is arround 0.03 cent.  Share price is .330. one lot cost you 300.  So you earn 3 cent if it moves arround 0.03.  Considering the 25 SGD broker fee min, so at least you need to buy 10 lot.  So the amount of money you need to risk is 3000 SGD for 30 SGD profit.  The investment ration is 1:100.  There is high queue too that might fail your trading plan.   Unless you can play 2 SGD share or higher, and has movement .10 cent a day.  for 2000 a lot you will have possibility to earn 100 SGD.  But it usually takes you the whole day to sell them. 

 

Cannot agree more!!!

I do not have statistics,but i am sure small timer will not make big profits from trading.

Personally,i discover this a while ago.

Livermore      ( Date: 27-Apr-2008 07:56) Posted: Unless you are a full time trader it is not easy to make big profits from trading. Thus the best way and proven, is look at something with long term potential and "just play around with it" and with margin:)

 

Unless you are a full time trader it is not easy to make big profits from trading. Thus the best way and proven, is look at something with long term potential and "just play around with it" and with margin:) 

 

Cathylmg style is something I used to do. Well nothing really wrong with selling to get some profits when you make some. No doubt respect the market.

Though I believe in long term, I am not a "die die must hold" investor. I can buy and sell but I always focus on the same stocks with long term potential as I am extremely bullish as having done careful research, I am confident.

Anyway this is something hard to convince people. Most are always asking about target price etc. 

 

 

cathylmg      ( Date: 27-Apr-2008 00:28) Posted: No lah, some stocks will recover a bit, use dollar cost averaging when u think heat resistance and off load with slightest profit or breakeven if bearish. stupidfool      ( Date: 26-Apr-2008 10:40) Posted: dollar cost averaging???Is it like trying to catch a falling knife???

 

No lah, some stocks will recover a bit, use dollar cost averaging when u think heat resistance and off load with slightest profit or breakeven if bearish.

stupidfool      ( Date: 26-Apr-2008 10:40) Posted: dollar cost averaging???Is it like trying to catch a falling knife???? cathylmg      ( Date: 25-Apr-2008 17:58) Posted: Sometime you never know that it might rebound. For me I practice dollar cost averaging.

 

not any counters 4 me........mayb i wud buy sph, spc n maccookpsf tis coming monday.

 

Sorry,ak apology, no feel on this counter. But any shares, next Mon, they will follow the current. Cheers.

 

wat do u think of maccookpsf? nav $1.03, px $0.75, pe 6, divvy ard 12% (given out qtrly abt more than 3%), sort of reit counter in australia n real estate ok there....u may wanna consider, it is ur $$$.

stockseeker      ( Date: 26-Apr-2008 10:34) Posted: 6th month old fledging on stocks. :P Although I was quite sure that I was right one this one, the Online Brokerage System that I am using was giving me differing answers. Henchforth, affirmation was required. Then again, many thanks for the re-assurance(s), techsys. P.S.: Meantime, any good stock tips to share?? Itching to buy into some fuel counters b'cos of the surge in oil prices on Friday (up by 2 GREENBACKS!!) Then again, might want to wait for it to downtrend  then enter. My discretions only. BULL-RUN NEXT WEEK??? AKAN DATANG!!!

 

Basically, there are so much X factors in stocks investment, be sure there is much diff the way to play bet BBs and small timers. For small timers, more experient and vigilant you are, the less vulnerable exposure to losses. AK views loh.

 

dollar cost averaging???Is it like trying to catch a falling knife????

cathylmg      ( Date: 25-Apr-2008 17:58) Posted: Sometime you never know that it might rebound. For me I practice dollar cost averaging.

 

6th month old fledging on stocks. :P Although I was quite sure that I was right one this one, the Online Brokerage System that I am using was giving me differing answers. Henchforth, affirmation was required.

Then again, many thanks for the re-assurance(s), techsys.

P.S.: Meantime, any good stock tips to share?? Itching to buy into some fuel counters b'cos of the surge in oil prices on Friday (up by 2 GREENBACKS!!) Then again, might want to wait for it to downtrend  then enter. My discretions only.

BULL-RUN NEXT WEEK??? AKAN DATANG!!!

 

You must be a begineer in stock, if you ask this question.

The answer is YES.  CDP will automatically check amount that you have.

stockseeker      ( Date: 26-Apr-2008 09:18) Posted: Hi. Need some advice here. I bought 3 lots of a counter on Tuesday (22nd Apr). Subsequently another 3 lots - of the same counter - on Friday (25th Apr). Eventually, I sold all 6 lots on that same Friday (25th Apr). Will the brokerage firm /system take it that I have sold all the lots and pay me the differences? Appreciate your Comments. P.S: With the crazy ups/downs in the stock market these days, boy!!! it's hard to make money man. :(

 

Hi.

Need some advice here.

I bought 3 lots of a counter on Tuesday (22nd Apr). Subsequently another 3 lots - of the same counter - on Friday (25th Apr).

Eventually, I sold all 6 lots on that same Friday (25th Apr).

Will the brokerage firm /system take it that I have sold all the lots and pay me the differences?

Appreciate your Comments.

P.S: With the crazy ups/downs in the stock market these days, boy!!! it's hard to make money man. :(

 

It is not how much cash you've, it is how much cash you could afford to lose that matters. If you couldn't afford to lose, you can never win.

There is no '1-size-fits-all' when comes to investing in the Stock Market whether BIG or small!

The one most important rule is knowing yourself and your limits.

BTW, the Stock Market is never a zero-sum game - you don't lose to those who win. You lose because, the value of your stock is destroyed by The Market Forces and vice versa. Cheers!

 

Uncle AK, very true n wise.

AK_Francis      ( Date: 25-Apr-2008 21:34) Posted: Buy n Sell and vice versa, this type of short term trading is sustainable if you hv big cash for turnover. However, if you are an amateur, then you hv to avoid those heavily played by the players counters, such as SGX n Venture, in the long run, u may likely lose to them. SingTel slow moving but could be quite safe, provided you stdby cash to buy it in it falls out of track. If you were with the abovementioned, you feel it. Cheers.

 

Buy n Sell and vice versa, this type of short term trading is sustainable if you hv big cash for turnover. However, if you are an amateur, then you hv to avoid those heavily played by the players counters, such as SGX n Venture, in the long run, u may likely lose to them. SingTel slow moving but could be quite safe, provided you stdby cash to buy it in it falls out of track. If you were with the abovementioned, you feel it. Cheers.

 

Hi SF,

You are mostly right. Only thing I am not the same as you is I do cut loss. I did hit and run with SPC warrants but seldom trade.

stupidfool      ( Date: 25-Apr-2008 19:18) Posted: I tend to follow Livermore style. He does not hold many counters and so me too. Livermore does not trade very much,that is,buy and sell or sell and buy. For me,i keep things simple,will not sell if the counter does not go up 20%. And thus enjoy the dividends while waiting for it to move up 20%. If u follow Livermore,he uses margin lending.So do i. Hehehe......that is the way stupidfool play,just follow people.hehehe.Thus i very seldom cut loss.     sarahlkh      ( Date: 25-Apr-2008 17:56) Posted: hi SF, i am starting to believe in cut loss, sometimes i do, but feel that i have not practised often enough. however i do more avg cost investment = buy in again when its low. basically if the stock is something that is worth holding on  .... u