The real warren buffett, has two rules rule number 1 Presevation of capital is key, and rule number 2 is never forget rule number 1. You can do all the research in the world and if you had have entered the market in 07 and bought good quality shares you would probably be sitting on a loss of about 30 to 40 percent. Tight stop losses take the guess work out of it, if the over all trend is down then all stop losses will be activated, buy back in when you feel the markets genereal direction is about to change. Making an investment without hours and hours of research is like going to the casino, you may have a wins or you may have a loss. Hours and hours of research, tight stop losses, and having a feel for the flow of the overall market, will garentee you keep your losses to a minimum and your winning stocks will be kept until the overall market trend changes and you close out your position
CER Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
