Erm.. Agree with your point. Before that I also cut loss from few counters. Now my portfolio still have one counter which is Tek Seng making paper loss > 30%, but so far I still holding it because I think they still have potential in the future. Will wait and see next quarter result and see how.
most ppl do not cut-loss because they cannot admit they are wrong. My friend buy Reach 73sen last time, when it drop after QA to 60sen, she still didn't cut loss. Now Reach is back near her buying price, she still believe in no-cut-loss.
In the very first place buying JCY and not knowing the slowdown thread for HDD exist since 5 years ago was already wrong. Bluefun is good blogger, it is sad to see hom make a mistake for not knowing what he is buying into in the very first place.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bruce88
1,130 posts
Posted by Bruce88 > 2017-01-08 10:32 | Report Abuse
Yup, cut-loss is not easy but is necessary !