Posted by jaynetan > 2011-12-03 08:14 | Report Abuse

be a trader or invester , and later becomes antique collector. This antique might or might not fetch value. follow the trend or can we ask the market trend to follow us?

Posted by andy118 > 2011-12-03 08:51 | Report Abuse

More like a junk collector rather than an antique collector. Usually this junk stock goes down value, ask for more money via rights issue etc or worse just died (delisted)

Posted by pinga > 2011-12-03 12:46 | Report Abuse

Yes I think what CP wrote made a lot of sense.Shares bought for long term investing could become junk only if you let them become junk.The companies which you bought your shares in need to be attended to.When the prices of the shares exceed their valuations then its time make the decision to sell. This is one of the reasons why long term investors sell and become incidental trader, they buy the shares back at a future date when the prices has fallen back to an attractive level.If the fundamentals deteriorate then there will be no buy back.We all then to be lazy, not putting in the effort and not learning to up grade our knowledge. That is one of the reason why people lose money.Other reasons why people lose money depend on their motive when dap in the stock market. I admire people who put a lot of work in posting their blog.People with substance and common sense.FD 3%.Banks earn much more than that using your FD money and give you 3%.Ha!!

Posted by steve123 > 2011-12-03 14:17 | Report Abuse

Most people are good winners and bad losers. When we win a little we cabut then when we lose we hang on till death do us part or put inside the freezer. Gotta to learn how to cut losses.

Posted by Adam Ryan > 2011-12-04 18:49 | Report Abuse

cut loss is better...

Posted by chong > 2011-12-04 18:58 | Report Abuse

Well said brother steve123. Yes, alot of people don't know how to cut loss but hang on sampai hangus.

Posted by Adam Ryan > 2011-12-04 19:11 | Report Abuse

penny stock don't hold so long, if trend in down better cut loss....for everyone who buy at 30sen above, cut loss at 25sen (Support line)10-20%, if u wait so long, u will loss all of ur money... for all trader learn how to trade stock before u trade in bskl...then u will some money....