Read? Average Down or Pyramid Up? (2)
” If you have a worry problem, do these three things: 1. Ask yourself: “What is the worst that can possibly happen?” 2. Prepare to accept it if you have to. 3. Then calmly proceed to improve on the worst.” (Carnegie 49)
Average down or pyramid up lies in the understanding the wisdom from Dale Carnegie.
“What is the worst that can possibly happen?”
What is the worst that can possibly happen when we get the stock direction by averaging down or pyramid up???
Pyramid UP
When we finally realise that we are seriously wrong on that stock direction, we can still get out with small or big regret.
Average Down
When we finally realise that we are seriously wrong on that stock direction, we may be in a sorry state for a long time.
The Moral of Story
Do you want to regret or feel sorry?
The choice is yours!
MPF|MPF今年升2.4% 人均供款賺逾5788元 – 香港經濟日報 – 即時新聞頻道 – 即市財經 – Hot Talk
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晨星指4月份MPF平均回報險升0.12%港股MPF終由蝕變賺,首4個月升3.6%今年MPF累升2.4%,人均賺逾5788元強積金(MPF)3連升,因晨星的最新統計,截至4月30日止,今年MPF平均回報
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27 minutes ago
Always invest based on company's performance and not to trade based on stock prices.
ReplyDeleteRegards,
www.sgwebreviews.blogspot.com
Theoretically is correct. Practically is not so easy. Because all information is passe in the market. Besides no one can be sure the information you get as a retail investor is "UTD" & "free from cooking". So due diligence is one thing, Lady Luck or God's blessings is another. i believe in Lady Luck or God's blessing after you had your due diligence. My 2 cents.
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