Author Topic: Need help. When to sell?  (Read 6117 times)

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Need help. When to sell?
« on: October 27, 2006, 10:01:11 AM »
Would like to know when is a good time to sell a stock?
I had been riding on a stock for a week which raised over 40% and not sure when to let go.

What is a good investment return rate for the stock market?
10% 20% 30% 40% or 100%?

Sorry to ask this kind of question, newbie here.
:)

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #1 on: October 27, 2006, 05:30:29 PM »
When to sell is always a difficult question...
It depends on the stock. Few things that I always I consider are:
1. When I bought this stock, what was my original target for it?
2. What are the sentiment saying?
3. What are technicals saying?
4. What are the stock's industry saying?

Mayb u can tell us the stock name and ppl here can work from there'

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #2 on: October 27, 2006, 09:06:56 PM »
Ah.. It was BJCORP.. Bought it at 0.145 and sold it at 0.20
Sentiments, of course there is.. Hehe.. my first stock!

Offline earwax

  • Knight
  • **
  • Posts: 395
Re: Need help. When to sell?
« Reply #3 on: October 27, 2006, 11:19:34 PM »
Congratulations!  ;D

What made you buy the stock?
Right beside every great brain there is... Earwax! :)

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #4 on: October 28, 2006, 01:44:11 PM »
No comments mate... sorry, it has always been out of my radar

But saw a sharp increase in the stock price. Do you know any reasons for it?

Pix below from biz.thestar.com.my
« Last Edit: October 28, 2006, 01:49:11 PM by julez.lim »

Offline Maxforce

  • Baronet
  • ****
  • Posts: 1,082
    • Fusion Trader
Re: Need help. When to sell?
« Reply #5 on: October 28, 2006, 02:05:09 PM »
Kononnya good profit forecast.
But if you look at this thread posted on Oct 1 2006, BJCORP was one of the stocks picked out in my formula. Check it out. Hence the POWER OF TA (by one person in search of mastering TA - currently still separuh masak)
http://www.investlah.com/forum/index.php?topic=250.0
Five points a day, keeps you out of harm's way.

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #6 on: October 28, 2006, 10:43:38 PM »
Well, BJCORP used to have a bad and complicated record of lendings making their financial status very  hard to predict. Had news that they're untangling the situation during the last quater and i speculated that it'll improve their share price. Was lucky enough to pick it up at it's lowest point up to the highest one. Beginner's luck i guess.

I'm looking to invest into TM soon maybe middle of November.

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #7 on: October 30, 2006, 03:38:34 PM »
TM? Why? Are they having another price hike in phone bills?

Am currently doing a research on Maxis, Celcom and Digi prepaid...
And noticed that Celcom's have only got 30% of prepaid customers registered as of early this month. This is bad because on Dec 15, those who have not registered, their line will be cut off\

Btw, number of fixed line are going down y-o-y

Will this affect TM? Maybe... but not much I think...
« Last Edit: October 30, 2006, 03:41:00 PM by julez.lim »

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #8 on: October 30, 2006, 09:24:20 PM »
Hehe. Actually I just finished a project designing telekom's future backend system.
From my knowledge it'll improve their service by a mile plus other internal efforts and trial they're currently running would be a high return one in the not so far future.
They're currently running IPTV, BBPHONE and Bandwidth Limited trials. No other telecommunication company now, are able to provide such high tech service other than TM. Therefore i know TM would be bigger somewhere within a year when those techonlogy really kicks off.  Think of astro 10 years ago. Imagine the number of subscribers now. It's the same, plus these technologies they're trying out is a must have and not just nice to haves.

Anyway, they'll be going live with their new initiatives on the 1st of january. Stock price would pick up then, so according to my analysis, mid november would be the best time to buy their shares as movements would slow down after they announce their last quater earnings.
« Last Edit: October 30, 2006, 09:26:33 PM by bebop »

Offline Calvin Wong

  • Knight
  • **
  • Posts: 310
Re: Need help. When to sell?
« Reply #9 on: October 30, 2006, 09:56:54 PM »
Good tip! Very well justified. Thanks for sharing... :)

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #10 on: October 31, 2006, 12:15:46 PM »
Now I understand... Great info :)

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #11 on: October 31, 2006, 10:21:54 PM »
Yeap.. got my 8mbps streamyx connection with IPTV and BBPHONE today.. Plus a free 015 number!
:D
So far the service is great.. the TV isnt lagging and the phone is really clear!
Try it if you can.. it's only available at some area, not all since it's a free 3 month trial.. do ask from your nearest TM shop.

Louis Gerstner : Act Fast. It's Okay to make mistakes.
« Last Edit: October 31, 2006, 10:23:33 PM by bebop »

Offline Calvin Wong

  • Knight
  • **
  • Posts: 310
Re: Need help. When to sell?
« Reply #12 on: November 02, 2006, 07:15:01 PM »
Is IPTV just for watching TV over the internet? Is the content free or do you need to subscribe?

If you need to subscribe then it will probably take quite some time before it catches on...

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #13 on: November 02, 2006, 08:18:00 PM »
It's a subscription service like astro and comes with free contents.
Theres also Video On Demand which allows you to pay for the latest movie, those just released and other pay per view as well.

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #14 on: November 03, 2006, 09:58:40 PM »
Bought 2 lot of TM today at their opening price of 8.95.
Closed 8.90 at the end of the day, but i'm optimistic for the long term.
^^

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #15 on: November 16, 2006, 10:50:16 PM »
Hmm.. got a 0.45sen jump today on TM stocks.. Anyone went in?
Just like i mentioned.. middle of november.. today is the 16th.
Hehe..cheers..

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #16 on: November 16, 2006, 11:08:17 PM »
Anyway, about the market bullishness lately.. I have a feeling it's partly contributed by the study that shows a lot of the company on bursa is not fit to be there and the delisting of amcorp.
Companies are owning up with the fear of being delisted and try hard to make their numbers.
What do you guys think? What are the factors which contributed other than "Strong" economy..
haha

Offline Maxforce

  • Baronet
  • ****
  • Posts: 1,082
    • Fusion Trader
Re: Need help. When to sell?
« Reply #17 on: November 17, 2006, 01:34:46 AM »
No strong economy in sight.
Fundamental wise, its due to UMNO meeting and also potential project announcements.
Technical wise, learn Elliott Wave.
Five points a day, keeps you out of harm's way.

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #18 on: November 17, 2006, 05:19:22 PM »
I agree with MaxForce..
UMNO meeting is one of the occassions that can push the stocks high... Wat happens after it will be interesting... Hence, the need for technicals :)
Slowly learning technicals... Btw, maxforce, any technical analysis that you have at hand on the KLCI?

Offline Maxforce

  • Baronet
  • ****
  • Posts: 1,082
    • Fusion Trader
Re: Need help. When to sell?
« Reply #19 on: November 17, 2006, 11:23:45 PM »
Sorry julez, no pun intended - but I dont give out free analysis :P
Post a chart, draw some lines, show some indicators, post your comments/analysis.
I ll comment from there :P
Five points a day, keeps you out of harm's way.

Offline bebop

  • Civilian
  • *
  • Posts: 56
    • Samuel Tan : Me, Myself and I.
Re: Need help. When to sell?
« Reply #20 on: November 21, 2006, 08:32:45 PM »
Haven't been around for the past 2 to 3 days.. hmm TM went down again.. back to square one.. but still making small profit.

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #21 on: November 22, 2006, 03:29:02 PM »
So, wats ur plan? Going to sell or hold??

Just checked the price .. It's RM9 now... Now loose no gain since you bought at RM8.95

Pix below from biz.thestar.com.my

Offline rob2001al2001

  • Knight
  • **
  • Posts: 110
Re: Need help. When to sell?
« Reply #22 on: February 11, 2007, 11:37:19 AM »
Thinking about getting started in stock investment.
1. When would be the best time to go in?  the KLCI is bullish now. wait till it turns bear?
2. what blue chip stocks should I aim for?
3. should sell with a 20-30% gain. is that the way?
TA still learning.

Offline 1liner

  • Civilian
  • *
  • Posts: 78
Re: Need help. When to sell?
« Reply #23 on: February 27, 2007, 02:22:44 PM »
No time is a good time since stocks go up and down... So anytime is pretty much the same for me

Offline DenLee

  • Baronet
  • ****
  • Posts: 1,323
  • Sharing and seeking financial wisdom
Re: Need help. When to sell?
« Reply #24 on: February 28, 2007, 06:51:55 PM »
I agree with 1liner.  Even Technical Analysis couldn't predict the trend yesterday.  It happened when most retail investors like me is scouting for growth shares.  Out of sudden, massive sellings brought panic to uncle and aunty who constitute the base of retail investors. :'(

Institutional investors are not hurt or just got some scratches from the downfall.  Kesian those who indulged in contra.  Must be very painful.  :-[

In fact, it's time to learn to be investor.  Graham used to teach Warren Buffett to look for fundamentally strong but undervalued company.  The problem is that, when the greed set in, all morality is lost.  Investors have to learn to be strong.  I too...must learn that too... ;D
Regards,
Denlee

Offline booffett

  • Knight
  • **
  • Posts: 392
Re: Need help. When to sell?
« Reply #25 on: February 28, 2007, 07:46:20 PM »
technical analysis cant predict?

i am base on tech analysis to sell of all share 2.30 yesterday...
The problem with cut loss is, easy to say hard to do; the problem with let the profit run is, most often, the profit only run 100m, not the 400m as you expected.

http://www.booffett.~.com/

Offline Salahdin

  • Companion of Honour
  • ***
  • Posts: 977
  • Sharing is Divine. Keeping is Bovine.
Re: Need help. When to sell?
« Reply #26 on: February 28, 2007, 10:23:44 PM »
I was in the market yesterday.  The moment the market open after noon, the CI plunged further.  Just to clarify from Booffett, do you use TA to cut loosses?

Notice that the market was already bearish yesterday morning.  Retail investors are guessing the next course of action.  However, if you take a look at Asia bourse as a whole, it already indicate downtrend right? 

Could it be the resistence points suggested by TA that have brought in panic selling? I could be wrong but wonder.... what do you think?
The worst way of learning is to keep all the knowledge to yourself.  So, share it to others as they would to you.

Regards;
Salahdin (The Great Caliph of Baghdad)

Offline booffett

  • Knight
  • **
  • Posts: 392
Re: Need help. When to sell?
« Reply #27 on: March 01, 2007, 01:00:11 AM »
key reasons is human anticipation for a huge correction, in almost all market.
technicalist wanted it, anticipated it...
as correction signify a more healthy market.

in anticipation, the human focus system automatically focus on extreme signal.

the fall in price is the root cause of the root cause that cause the panic...
the fall in price itself is the starter of a negative feedback loop (research by shiller, irrational exuberance on behavioral finance over many years)

advance decline counter also show extreme movement, 50 green and 1110 red...
what the heck is tat?
obviously, investor still suffer from heuristic representativeness from last time bear when Fed increase rates.
that exactly the same pattern. as such, psychologically and emotionally, the experience, consciously or not consciously, embedded in some big player minds. this is another trigger point in China and Malaysia and other markets.

Thirdly, the market in China is indeed over valued! traders overreacted. symptom of bubble is too vivid. Parabolic rise often resulting in extreme down as well. This is warn several times...(by some advisors, check i-capital, osk report)

Fourth..chinese new year warrant and MESDAQ wave signify the last wave from time cycle analysis.
worst, the rise is too much and frankly, crazy. Insanity set it, the time for the buble is not long already...
history repeat itself.

Basing on so much facts... in anticipation of other anticipation, i always keep track on the price movement, and noted the 63 green only, with top volume 15% loss, it is too obvious a reason to get out already!

at the time i get out, i still dun know china is dropping 9%. but the signal so clear and everyone should get out without any reason.
The problem with cut loss is, easy to say hard to do; the problem with let the profit run is, most often, the profit only run 100m, not the 400m as you expected.

http://www.booffett.~.com/

Offline julez.lim

  • Companion of Honour
  • ***
  • Posts: 809
  • Where sharing is learning
Re: Need help. When to sell?
« Reply #28 on: March 01, 2007, 03:09:50 PM »
Agree with you, booffett. Too many signals, yet they are ignored.

The reaction of Malaysia is quick. Was reading the Biz Star today. Despite only a small column on the market decline, the rest of the pages shows and states the strength of Malaysia market. I guess what they are trying to do is to heal the wounds of the sentiment. What you guys think?

Offline booffett

  • Knight
  • **
  • Posts: 392
Re: Need help. When to sell?
« Reply #29 on: March 01, 2007, 04:57:51 PM »
Agree with you, booffett. Too many signals, yet they are ignored.

The reaction of Malaysia is quick. Was reading the Biz Star today. Despite only a small column on the market decline, the rest of the pages shows and states the strength of Malaysia market. I guess what they are trying to do is to heal the wounds of the sentiment. What you guys think?

not to heal the wound!
is to prepare + motivate suicide bombers into the stock market to resist a falling knife with blood and tears...

so be careful else u become * or bomber also...wahahahahahah
The problem with cut loss is, easy to say hard to do; the problem with let the profit run is, most often, the profit only run 100m, not the 400m as you expected.

http://www.booffett.~.com/

Offline smartinvestor01

  • Civilian
  • *
  • Posts: 5
Re: Need help. When to sell?
« Reply #30 on: April 07, 2007, 11:40:31 AM »
Hi there,

'When to sell?' is the hardest question and I understand out of 10 traders, only 2 traders would know when to sell.

The question of when to sell is got to settle by overcoming the issue of do not be too greedy.. When do the question of greedy arise? Lets look at the following.

A: I buy at 0.265, when to sell
B: Sell at 0.325
A: What if I sell that it goes up?

Based on the above situation, I understand many traders have this mentality. I am also included as I also have this mentality sometimes. Here, I admit I have the same problem, but if we can overcome greed, no problem for us.

So remember "Buy is Easy, Sell is Hard. The Key to Sell is to Overcome Greed".

Offline Maxforce

  • Baronet
  • ****
  • Posts: 1,082
    • Fusion Trader
Re: Need help. When to sell?
« Reply #31 on: April 07, 2007, 07:30:43 PM »
You underestimated fear  ;D ;D
Five points a day, keeps you out of harm's way.

Offline earwax

  • Knight
  • **
  • Posts: 395
Re: Need help. When to sell?
« Reply #32 on: April 09, 2007, 01:31:09 PM »
If only there was a way to capitalise on greed and fear.

I've been trying to understand the market for months and I conclude everything is motivated by greed and fear. Without those two there will be no market.
Right beside every great brain there is... Earwax! :)

Offline Salahdin

  • Companion of Honour
  • ***
  • Posts: 977
  • Sharing is Divine. Keeping is Bovine.
Re: Need help. When to sell?
« Reply #33 on: April 09, 2007, 11:23:24 PM »
Suggest frequent meditation to control both...
The worst way of learning is to keep all the knowledge to yourself.  So, share it to others as they would to you.

Regards;
Salahdin (The Great Caliph of Baghdad)

Offline kardel

  • Civilian
  • *
  • Posts: 93
  • skills pay the bills
Re: Need help. When to sell?
« Reply #34 on: April 10, 2007, 12:56:53 AM »

  Just wondering..........how do u 'stock' guys make ur decisions when to enter or exit the mkt? Don't u guys read charts or practice TA?  ???

Offline DenLee

  • Baronet
  • ****
  • Posts: 1,323
  • Sharing and seeking financial wisdom
Re: Need help. When to sell?
« Reply #35 on: April 10, 2007, 03:49:52 PM »
Look at the KLCI.  If it's too high like today....1300.  I will not even consider to buy.....
Regards,
Denlee

Offline DenLee

  • Baronet
  • ****
  • Posts: 1,323
  • Sharing and seeking financial wisdom
Re: Need help. When to sell?
« Reply #36 on: April 10, 2007, 03:52:11 PM »
The nearer KLCI to the magic number of 1314 without any backing of big confirmed project like IDR, I will not even want to be in the market monitoring.  Waste time.....
Regards,
Denlee

Offline jeybon

  • Knight
  • **
  • Posts: 457
  • The best of things should be shared
Re: Need help. When to sell?
« Reply #37 on: April 10, 2007, 09:01:31 PM »
  Just wondering..........how do u 'stock' guys make ur decisions when to enter or exit the mkt? Don't u guys read charts or practice TA?  ???

KLCI is the initial 'Timing' predictor.  TA is good for time to sell. Right?
Regards,
Jeybon

AndrewChia

  • Guest
Re: Need help. When to sell?
« Reply #38 on: April 10, 2007, 09:24:03 PM »
I remember the key to success in investment is to be greedy when everyone is fearful and to be fearful when everyone is greedy.  Is that a wise saying or what?  If I'm not mistaken Robert Kiyosaki's "Rich Dad" said that...

Offline penang_lim

  • Knight
  • **
  • Posts: 421
  • Timing is important in all types of Investment
Re: Need help. When to sell?
« Reply #39 on: April 11, 2007, 07:28:35 PM »
Hmm....although greed is the main motivator in investing, an experience investor should be relying on logic rather than emotion but most of the time, all hell broke loose when the real situation occurs.  So, the experience is not easy to earn.

Btw, I should correct Andrew's saying as the commonly heard, 'Buy when everybody is selling panickly, Sell when everyone is buying happily'.   :angel:
When the time comes, all investment knowledges should be passed to the younger generations for further enhancement.

Thx & Rgds;
Lim