Heitech – I left money on the table again
A month ago, I wrote about the price spike in Heitech Paduand wondered whether it was going to be some news that would provide a quantum leap in business.
The price had jumped from about RM 1.00 per share to RM 1.15 per share. I had some Heitech shares that I bought sometime back at about RM 1.04 per share and I told myself to exit when the price went up to RM 1.30 per share.
Unfortunately, the high price did not sustain fell to below RM 1.00 per share a week later. I figured that the price spike was just some speculative play. Then just before the Lunar New Year it spiked again to RM 1.20.
This time instead of listening to myself to hold until the price went up to RM 1.30, I thought that I better not miss this round of speculative play. So last Fri I sold it at RM 1.20 per share.
You can imagine my disappointment when the price went as high at RM 1.56 yesterday. I left RM 0.36 per share on the table. What a idiot. Can anyone offer an advise on what to do the next time?
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102720377 : Wait for rm3
Buffet loon : I understand your frustration, I experienced exactly the same like you years ago. If i could give 1 advice, there’s a book named How To Make Money In Stock by William Oneil. This book change the way I trade and I starts to see profit after few years of practising the author’s ideology.
May the bull be with you!