Sunday, June 3, 2018

Karex - Cut loss

Karex share price:
Bought on 05 Jan 2018 = RM1.28/share
Sold on 01 June 2018 = RM0.505/share
Loss of RM0.775/share (-60%)

On 04 June 2018 = Bounceback to RM0.58, increase of 15%.

Lesson learned: Must set a cut loss point. Sell the share when it on the downtrend, remember don't buy a downtrend share. Always be patient, the share will go lower and lower, buy when the Company starts to earn a higher profit. Don't buy because of your high self-expectation, sell when reaching your cut loss point because when it reaches the cut loss point mean you are making wrong expectation. You could sell first then buy back after the recovery of the Company's profit.

Bplant - Analysis

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