protect your capital and u can continue fighting.. and not lose all your capital and believing it will make a comeback..got to have a plan...if hit your stop loss cut no matter what and not praying it will rebound
If the loss is too much to bear usually i will just hold it until it rebounce to the level where I can accept it. I will not follow advice from others. They can simply say CL becoz it is not their money.
But you probably need to hold it for a very long time. Luckily Notion they are not only mask or gloves producer. Their main business still on tech. You can still banking on the tech play later.
There is possibility gloves counter still going down tomorrow. Some will CL with the intention to buy later at cheaper price. nothing wrong with that. Sometimes it can be the best decision. Sometimes not.
Very difficult decision to make. I fully understand that..been through this kind of situation before.
From i see it, this is not a free falling situation. There will be a period of rebounce (correction from oversold). I think Notion already fall heavily for 3 or 4 consecutive days..it should made a rebounce soon..imho
The best thing, got so many panic seller keep dispose lower and lower. Cilaka The next best thing is so many shark keep sapu and sapu nonstop. Who say Counter not good? This is pure manipulate for later gain. Already bleed to dead. Now don't felt any pain anymore. Im await the sun rises!
@Hotwires exactly, this is what i was thinking too...those idiots simply yell "cut loss cut loss!" because they r happy to see we lose money...that's why they disgusted me, a lot
Always try to set cut loss price to protect the capital ! There are always opportunities to come back later ! -------
That's a lesson that need to be learn. Now we're talking abt when the paper loss is to huge to swallow.. maybe 50%-60% of the capital. CL setting usually around 5%-10% of your capital. Some even lower.
to that idiot SomaCruz89, obviously u read a few books, probably from cold eye, and thought u know how to play with the share market...just shut up if u have nothing better to say...if next week up back, u going to pay the losses? no? then diam la!
cut loss ni lan jiao niama sohai. ur russian madaka announce vaccine not even started phase 3 yet. skip all procedure and say approved for use. i dare u go google now about russian vaccine 100% of news is skeptical about the vaccine.
@Hotwires, cut loss is pratical if the counter is moving at normal speed, this counter is not...sharks are disposing happily until mother cannot recognize son, when u realized, it is already more than 30% losses!
However, imho..severe damaged has occured to many 2nd liners such as Comfort, Carepls, Rubberex, HLT including Notion. It will be very2 hard for them to make a comeback unless the Big 4 come back super strongly ex. TG go up to rm40. then we may see these 2nd liners going to break their high.
Just imagine Comfort recent high of rm7.28 and now just at rm4.03. Very long journey to get back there for those who still holding at the top.
I believe the Russia vaccine, doesn't really impact alot. Its those jerung which is fooling us around. If HC counter all not good, it should be only sell and no buyer. But it looks like, there are people who keep buying thus the volume is there. I don't believe after jerung bought, they won't sell at higher to make profit.
Posted by thetrueinvestor > Aug 12, 2020 5:42 PM | Report Abuse
i hope russian get 2nd wave, spread virus dao niama cannot recognise and drop into recession ______
Like i said, WWZ film is about a failed vaccine and turns very ugly. Zombiee is a menifestation of more death. Russian should not produce the vaccine prematurely without proper testing. Very dangerous.
ShareShaker don’t scold cold eye la, he is one of the substantial shareholder for this company lo. So check his name fong shiling. See how much he own.
We already almost hit rock bottom. No more rasa. Now wait for renounce. If got intention to cut loss should have done it at 1.80-2.10.. From now onwards already no point.. Hold hold.. Die also don't sell lower
Should can rebound eh, trust your own judgement. People dufu vitrox focus on cnc nia can have 3 something and 11 something for the share price. This company apa also do should be more kok. Hahaha
I agreed that this time the fall was so rapid with huge selling and it is not easy to take decision fast enough to minimise the loss, hope that with its fundamentals, it will rebounds soon !
@ShareShaker I speak from my own experience especially what I have gone through in Mar bloothbath where my portfolio was at 150% gain down to 80% loss. It was a very painful lesson and I cut loss to avoid further bleeding. Now I have regained abit by doing swing trading and aiming to turn into green portfolio by end of the year.
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....
Enemiemannan
466 posts
Posted by Enemiemannan > 2020-08-12 15:47 | Report Abuse
stabilizing at 70sen