SHJ 4.05% 71.0¢ shine justice ltd

Extremely Bullish Chart Patterns, page-146

  1. 7,294 Posts.
    lightbulb Created with Sketch. 564
    Dear ffoyzer,

    Not advise but I read your conclusion is not "more than 20% per share".

    That still can burn you heavily... A deep fall of 60/80% like you suffer in SGH can represent almost 15% of your entire capital..
    My suggestion (not advise) is

    Maximum 10%
    Stop loss defined not more than 10% of your current buying price.
    If stop loss worked don't come back to stock even if look so cheap
    If you come back (in the way up) adopt 3 stages(to this 10%
    a) first purchase 30%(of the total 100% you will invest in this share) and again stop loss -10%)
    b) second purchase just do if the price went at least 5% up.. Buy another 40%
    c) again wait another 5% up and buy final 30%...

    Your average will be fair and good and again 10% down stop loss

    Have a good week end

    Cato
 
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