GreenKing
commented on a stock · Oct 18, 2021 20:53
$Futu Holdings Ltd (FUTU.US)$ the problem why 90% of retail ...
$Futu Holdings Ltd (FUTU.US)$ the problem why 90% of retail investors lose money is the fantasy that the stock will bounce back and choose not to cut losses and move to better grounds :(
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幕幕你真牛 : Cut loSs is a loss. HoLd is not.
Stock Watch 幕幕你真牛 : U sure ? by holding on it is not a loss? Do you know the stock name Creative ? Used to be 64 in US market., today is less then 5 in SGX..( 10 over years have passed.)
Caprigoat Stock Watch : Who can tell for sure? Sometimes holding works, sometimes cutting losses works.
Stock Watch Caprigoat : Agreed. Nothing is 100% in stock markets. Only times will tell.. (a long wait ; a short period or will never happen )
幕幕你真牛 Stock Watch : You cant simply pIck one example like that. It is not only futu drop 60% Look at Futu’s competitor also drop 60% . Whereas Creative failed because of product fail. This drop of 60% is not due to FUTU’s product fail.
AaronMa Stock Watch : No cut loss is for 100 percent certainty, if you cut loss, your loss won’t go deeper, otherwise you are giving your life to god, which is not reliable
AaronMa 幕幕你真牛 : So what you said is similar to online education industry
Stock Watch 幕幕你真牛 : Agreed there are lot of examplesout in the market. But the China slapping hard on Futu and others, the stock price will drop fast and deep.
It will take times, long period of time to recover to 100 or maybe not. Look at the search charts posted by Moomoo, only Moomoo user are looking at Moomoo
GreenKing OP : i feel importantly have a plan and stick to it
Stock Watch 幕幕你真牛 : And I'm not encouraging u to sell or hold. Is my opinion to swim well in stock markets
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