I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Thursday 19 June 2014

Stop Loss???



Uncle8888 likes this quote for stop loss ....


 Do or do not. There is no try - Master Yoda









Mistakes made near the Bull may not be the same mistakes near Bear bottom.


Posted by Createwealth8888 at 09:49
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13 comments:

  1. Createwealth888819 June 2014 at 09:57:00 GMT+8

    Wise words from the Master.

    Catch no ball?

    Now we have to go to Mt Faber Hill to do deep thought.

    Bt Timah Hill closed liao. Right?

    ReplyDelete
  2. Anonymous19 June 2014 at 11:09:00 GMT+8

    If you lost 20% of your investment you need 25 to recover (breakeven)
    40% - 66% to recover.
    50% - ?% to recover.

    Have you lost 50% of your stock portfolio before?
    i have had it more than 1 times.
    Those were really scary times.
    i think i better be not too greedy anymore.

    i think this topic is related to should you buy "Pyramid Up" or "Pyramid Down"

    There is a theory on Pyramid Buying. But like all theory, try to remember, "In theory there is no difference between theory and practice. In practice there is."

    Yogi Berra

    ReplyDelete
  3. coconut19 June 2014 at 11:29:00 GMT+8

    sorry hor! take a "rest" here, being kick out everywhere i go haha (knn!)

    temperament, being an investor, why you should care so much the stock price goes? company got make money and potential growth good enough, unless you have a trading mindset.

    the lady boss who own the cafe also do not cut loss one, she stand her ground against the trader blogger who thinks he has the right in her premises, almost throw him out in the process haha.

    if you are a trader, its a different story, get the hell out of there!

    ReplyDelete
    Replies
    1. Anonymous19 June 2014 at 13:24:00 GMT+8

      Honest! i am not sure what i am? But i like to think i am a "ROJAK INVESTOR. Hantam Bola - If i don't lose any money it's O. K. liu!

      Delete
  4. B19 June 2014 at 12:35:00 GMT+8

    All are respectful Qian Bei here, who have undergone the wind and thrust of economic cycles.

    I am scared of 50% drop, but as long as we are invested in the market, we will all be affected. Then it becomes a number game, 20% 50% or 90%. The latter will make us jialut. I rather no see hear and feel.

    ReplyDelete
  5. Unknown19 June 2014 at 23:32:00 GMT+8

    Has anyone here experienced more than 50% lost in portfolio, but then did something drastic and eventually recovered all the losses? :)

    ReplyDelete
    Replies
    1. Createwealth888819 June 2014 at 23:51:00 GMT+8

      Thought you have been reading what was happening before your eyes?

      No reading past posts under label : performance? LOL!

      Delete
    2. Createwealth888820 June 2014 at 00:18:00 GMT+8

      Lost -53% and recovered beyond Oct 2007 peak and set new records.

      Delete
    3. Unknown20 June 2014 at 00:36:00 GMT+8

      Indeed impressive. Did you do anything to recover that losses or just hold firm onto them?

      Delete
    4. Createwealth888820 June 2014 at 06:37:00 GMT+8

      Read? Win-Win-Lose - It's the end that ultimately matters

      Lucky or "savvy" by Nov 2008; I cut losses on all my s-chips, stop contra trading and switched my recovered capital to fallen horses who have chances of recovering; if not I would become such a failure in investing. I will have to shut up; stop blogging and retired as an investment blogger.

      Delete
  6. Unknown20 June 2014 at 21:40:00 GMT+8

    I had some similar experience - bought quite heavily in R-REIT, lost more than 60% on paper during 2008. By Feb 2009, I had many sleepless nights looking at my portfolio melting down. Then I made a drastic switch of my entire portfolio from R-REIT to B-REIT on Mar 2009 (super lucky, I must say - the super bottom then). Then by 2010, the portfolio looks better, I switch 50% B-REIT into BlueChip like KeppelCorp, SPH, Singtel, STEng, SembCorp, and etc. Today, the portfolio is looking at a good positive. Now, looking to trim it down slowly while it lasts. R-REIT=> Rubbish Reit, B-REIT => Blue-Chip REIT. Anyway, it was a very painful experience during 2008 and 2009.

    ReplyDelete
    Replies
    1. Createwealth888820 June 2014 at 22:10:00 GMT+8

      That right!

      Change Horses strategies.

      "You don't need to win back in the same manner as you have lost it." - Createwealth8888

      Delete
  7. Anonymous21 June 2014 at 09:40:00 GMT+8

    i heard about this strategy by a Remisier Broker who is the mother of my niece's friend. It should be applicable at all times. It's plugging out the weeds in the garden to allow flowering plants to blossom. Less the weeds choke and stunted the plants to flower.

    i think we all do it knowingly or instinctively. The "style" and frequency we do it may be different. But i am sure we all do it. i think i must do it more "precisely" and less and less often as my gardening skill improves.

    Alas, i still need to go into the garden to do weeding leh!
    If not how to survive in the Market?

    ReplyDelete

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