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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Saturday, 25 September 2021

Stop-loss, Cut-loss for Switching Horses and Position Sizing and NO Leverage!

 Hi Bro CW8888

What do you think of Venture, kept dropping after I bought at $19.77 but collected 2 rounds of dividen d at $500 & $250.

Should cut?

Thanks for your advice.

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Read? Posts relating to Stop Loss

Stop-loss is for traders and cut-loss is for investor to switch horses. 

Are you in pain of seeing escalating paper losses; then you should sell to relieve your pains. 

Pains no more! Only regrets after that!

Choose Pain or Regret?

Got Panadols to ease pain? 













Posted by Createwealth8888 at 08:14
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1 comment:

  1. Spur25 September 2021 at 13:19:00 GMT+8

    Hmm OP should be asking himself that question.

    Is his original thesis still valid?

    If his entire position got liquidated, will he buy in at current price?

    That will tell him whether to do nothing, buy more, sell some, or sell all.

    ReplyDelete

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