Forum Archive Index - August 2001

["ryanrite" <ryanrite@xtra.co.nz>]

Well I set a stop loss and sure enough I did sell aia when I hit my sell
BUGGER
I have since purchased them back again so my stop loss was not low enough
and now i are not sure if I will set them again.
athol
----- Original Message -----
From: Christian Mair <product@adidas-ep.co.nz>
To: Sharechat <sharechat@sharechat.co.nz>
Sent: Wednesday, August 08, 2001 1:55 PM
Subject: Re: [sharechat] LEARNING TO INVEST>>>Disciplined Investment
Decisions


> I refer to Peter Maiden's post in the Learning to Invest series.
>
> After a few years of investing, making & losing money I have always relied
> on my initial decision to stick with a stock as soon as I bought it. Last
> year it all turned to custard and some stocks of mine have depreciated
more
> than 50%. Sometimes I haven't done my homework properly and profits in the
> past have been erased by losses in the present.
>
> Peter, after reading your post of setting disciplined stop-losses I have
> spent weeks of digesting your views and I tried to figure out if
stop-losses
> fit into my longterm investing rules. I finally came to the decision that
I
> should use stop-losses and today my first stop-loss has been activated and
> executed. I have entered a stop-loss for my RMG to the price that I
> break-even after deducting all my transaction costs. Main reason was that
I
> am not happy with RMG reporting another loss.
>
> It was hard, very hard. I never sell easily and as a newbie to stop-losses
> it took some time until I pressed the mouse button to confirm my stop-loss
> entry.
>
> I would like to hear more from fellow sharechaters about their experience
in
> setting stop-losses.
>
> Regards,
> Christian
>
>
>
> --------------------------------------------------------------------------
--
> http://www.sharechat.co.nz/          New Zealand's home for market
investors
> --------------------------------------------------------------------------
--
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/forum.shtml.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.