Investors enthused by rising market, especially among lower-cost punts

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#22
(06-02-2013, 05:09 PM)Temperament Wrote:
(06-02-2013, 11:53 AM)camelking Wrote:
(06-02-2013, 11:46 AM)Greenrookie Wrote:
(06-02-2013, 10:40 AM)camelking Wrote: Let's say in your view, the value of stock A is $1.00
You got it at 60cents some time back.

Now, the market price is $1.03.
Do you sell?
It is over-valued as per your analysis.

My view is no, you shouldn't sell.
Set a cut profit limit at $1.00 if you like
and let the punters move the price up for you.
You don't get bullish market every few months, remember?

At every interval, set a cut profit limit eg $1.10, $1.20 and etc.

That my strategies too, but an element of luck play a part. I value a company at 72 cents, set take profits target if it falls back to 70 cents, which it did. I sell, then it cheong now to 80 over cents. That counter is CES, but at least i made some decent profits

For aspial, i valued it at 15cents (can't remember the workings) but then it keeps going up.... and i keep shifting my cut profit targets
I will be cursing myself if i had sold it at say, 18 cents......
I called it a mix of value and trading approach.
"At every interval, set a cut profit limit eg $1.10, $1.20 and etc."
Unqoute:_
Hi guys, which SG's INT BROKERAGE allow you to do the above? Do you mean "STOP LOSS LIMIT"?
I have to do it "manually" very difficult leh?
i am trying to join CITI BANK INT BROKERAGE but CITI still processing my application after 2 weeks. i only got a notice from CDP informing my account is linked but nothing from CITI yet? DAMN TA PAI!TongueTongue

Yes, it is called stop loss limit.
Phillip Pro-trader allows you to do it.
Of course, it may not work all the times as stated in the disclaimer.
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RE: Investors enthused by rising market, especially among lower-cost punts - by camelking - 07-02-2013, 08:30 AM

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