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Tuesday, July 12, 2011

Case Study 4

LCB 0.82 to 0.95 run. 

From Private Mail
boss tracer, ask ko lang about your rules on stop loss, warning signal like 10% from the top as stop loss, meaning you sold all your lcb shares   today cuz it went down 12%?
My reply was:

If you ask me, I have not sold any, I have a lot of green behind me, so I am not worried, I can afford to lose 6% from my entry point because that is my original plan. I am 80% LC/B.Actually 10 % is a danger signal. But I do not like the sellers, they are locals. BDO Ctsec, etc. Foreign buyers will not support that kind of selling by locals. So, will just wait again for LC/MA to be out of the active stocks in order for it to resumed.


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