I have made mistakes prior to this stock market crash. Otherwise, I would have taken more profit from the table, and thus have more to invest with now.
Mistakes I make include:
1. Investing in shares which are on the verge of overbought. (CNOOC @19.05, Sembcorp @5.09)
2. Needless cutting loss on shares. (Zhaojin)
3. Continuing to invest in counters which are loss making. (NOL)
There is therefore a need to:
1. Resist buying shares when they have moved out of oversold territory.
2. Refrain from cutting loss.
3. Need to do more due diligence in stock selection.
No comments:
Post a Comment