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Showing posts from May, 2015

Trade the stocks - are you the one?

A lot of people "think" they can trade in stock market and earn a living or pocket money. Unfortunately, thing is not as simple as one may think. What they think and the actual fact is so different! We as a dealer, receive many queries daily. If a stock going up, people will ask, should they sell or not, or sell at what price. If the stocks going down, they will also ask should they cut lost or continue to hold? The worst thing is, majority of people will sell the stocks that going up (or cut the profit) and keep the stocks that going down. (with the hope the price may up again in future) If our intention is for trading (not investing), then we need have proper trading plan to counter all these problem. Trading is about changing from "cash" to "stocks" or vice versa. There's nothing wrong to hold "cash" on hand and waiting for opportunity. When you face a situation to hold stock that is flag (no trend of up or down), or the stock that keep