Stock trading for the past one week is just like playing slot machines. You hold your position hoping that in time one of the stocks in your portfolio will pay. Hold and invest further and you will see yourself getting poorer every day. Hold your slot machine and put some more coins and see your pocket gets emptier every minute. Leave your machine and someone will play it then wins the jackpot with his first ever coin. Unfair. Sell your position and it goes up right after.
Worse, you trade together with your friends and share with each other your buying and selling decisions thru Skype! And so, you read a posting that says the stock you have held for several days (and sleepless nights) and which you just sold at a loss has been bought by a chatmate... has just gone up right after selling! Waaahh! Talo na, may kantiyaw na, may bullies pa!
Sold MPI, PickNiBubbles, ALI and TEL today. Bought more ICT. My portfolio is now AIDA Eh! (Agi, Ict, Dmc, Aev, Edc). These performed very well today. I recouped my loss last Tuesday and more.
Stockwatch: PSB, HLCM, SMC, FGEN, JGS, SCC, FLI, ACR
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