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(31-07-2012, 08:18 AM)WolfT Wrote: I have already reach my selling target price then sell. Realize profit.
Set a buying price then slowly buy back...note that the buying price can be higher than previous selling price.
The key word here is slowly...
Ah... spoken like a true veteran...
Sell when it hit your target BUT be flexible enough to buy back at a HIGHER price ie. may have been wrong in the original analysis (of valuations) or things have changed to demand a higher valuations.. right? Or, just trading in the blood? 
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hi friends,
just wondering, if ur overall entry price is low enough, is it more worthwhile to hold and collect passive income than to watch the screen and to attempt to buy and sell to make a little more money which i feel may not justify the stress involved. The time and energy spent could be put to analysing another stocks from which to invest the passive monies.
just a thought.
long time ago, i was a trader, my trading statements could be nearly as thick as a telephone book. yet at the end of the year, i find myself not even richer than a month's pay. and that's for all the stress and time i spent. i begin to see real big money using buy low and hold strategy for cap gains and dividends. and good thing is that i can sleep well everynight.
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(31-07-2012, 08:59 AM)paullow Wrote: hi friends,
just wondering, if ur overall entry price is low enough, is it more worthwhile to hold and collect passive income than to watch the screen and to attempt to buy and sell to make a little more money which i feel may not justify the stress involved. The time and energy spent could be put to analysing another stocks from which to invest the passive monies.
just a thought.
long time ago, i was a trader, my trading statements could be nearly as thick as a telephone book. yet at the end of the year, i find myself not even richer than a month's pay. and that's for all the stress and time i spent. i begin to see real big money using buy low and hold strategy for cap gains and dividends. and good thing is that i can sleep well everynight.
As in anything in life, the rewards must be worth putting in all the time and efforts. It applies to regular Investing and even to a regular Job. If it ain't worth doing (little or no rewards), why do it?
So, set the following conditions / rules,
1. Is it worth it? ie. Tangible ($$$) or Intangible (self satisfaction)
2. Are you losing sleep? ie. too stressful?
If it satisfies the above 2, then go ahead. If not, then perhaps, it's not suitable for you, time to move on (after you'd put in a reasonable amount of time and effort in trying) or re-examine whether you're doing it wrongly.
PS. I'm not a trader. I manage my stocks actively, that's all... 
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(31-07-2012, 08:59 AM)paullow Wrote: i begin to see real big money using buy low and hold strategy for cap gains and dividends. and good thing is that i can sleep well everynight.
I think you've just answered your own question.
I had someone come up to me once and tried to tell me about FX trading and how it works and how great the returns were and all that. And at the end of it all, I asked him, "So how are you doing overall?"
And he couldn't even answer that.
So it turns out, and this is definitely NOT true for all traders, that he was trading without even knowing how much he was making on aggregate.
That made me realise that there is a danger in trading- that one may be doing it for the excitement rather than to get richer and worse still, the trader might not even realise that.
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(31-07-2012, 08:59 AM)paullow Wrote: i begin to see real big money using buy low and hold strategy for cap gains and dividends. and good thing is that i can sleep well everynight.
That's the essence of investing, actually. Most people either don't understand this, or they simply don't believe it*.
*Oh yes, another group loves the excitement involved in trading. I'd say it's better to visit a casino....
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31-07-2012, 10:32 AM
(This post was last modified: 31-07-2012, 09:21 PM by Temperament.)
(31-07-2012, 08:32 AM)KopiKat Wrote: (31-07-2012, 08:18 AM)WolfT Wrote: I have already reach my selling target price then sell. Realize profit.
Set a buying price then slowly buy back...note that the buying price can be higher than previous selling price.
The key word here is slowly...
Ah... spoken like a true veteran...
Sell when it hit your target BUT be flexible enough to buy back at a HIGHER price ie. may have been wrong in the original analysis (of valuations) or things have changed to demand a higher valuations.. right? Or, just trading in the blood?
Yes! you may think the valuation has changed to a higher level, therefore you are willing even to buy back at a higher price.
Recently i had a very simple experience.
After i sold Sat at $2.55, the next day it announced a dividend of 6cents +15cents of special dividends.
i bought back the same at $2.60 on that day.
i lost about 5.5 cents. just for selling one day earlier
But whichever way it turns out, i think i will have no regrets for my action for this counter.
In the long run, every counter tends to revert to it's mean price
If you can "guage" more or less it's mean price, you have an edge already; besides all its fundamentals
My 2 cents.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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I am also tempted to sell when it hit $2.8 recently, but decided to hold on to get the 21c dividends instead. If you understand enough of this company, you will know that:
1. TFK is turning around better than expected
2. The cruise handling business is in the start up phase and will not contribute much in the short term, but I believe it will in the mid to long term
I will be receiving a nice dividends from SATS soon, and if the price drops further, might use it to buy some more.
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And getting rid of Daniels may well turn out to be a good thing
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Hi all
I am vested again!
Bought some today!
The thing about karma, It always comes around and bite you when you least expected.
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03-08-2012, 09:15 PM
(This post was last modified: 03-08-2012, 09:18 PM by pianist.)
(31-07-2012, 11:49 AM)orang Wrote: And getting rid of Daniels may well turn out to be a good thing I saw Daniels trucks busying around the street while in gloucester, London. However, it was a good thing to do.
(31-07-2012, 08:18 AM)WolfT Wrote: Hi Pianist
I did not attend the AGM.
Anything I missed?
Hi Temperament
I have already reach my selling target price then sell. Realize profit.
Set a buying price then slowly buy back...note that the buying price can be higher than previous selling price.
The key word here is slowly... ya u missed out on the good food at mandarin orchard..plus..the charisma from the chairman edmund cheng..hehe....
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