Personal investment rule
Investing rules: 1. a) Buy sg stocks with 7percent upmove from last closing.put limit order.. (All in)-21k.(low confidence) b) Research recommendation to see if it is recommended by anyone else . Increase stakes accordingly. 2. Dont book profits when price is continously increasing. Its like speeding truck when it meets accident (earnings do not grow) then only book profits. However book partial profits if stock price is stagnant and stock price hits upper circuit because of some news. In this case, book profits on next day if another upper circuit looks less likely. Buy again when stock reaches its previous stable price. 3.keep portfolio concentrated and allocation should reflect your confidence.. 4.Always ask this question before buying long term stock - can you hold stock even if price decreases by 50% and stock exchange is shut for a month. 5. Keep patience and enter when prices are low..This rule applies if a) there are sufficient sellers who will book profi...