13 Nov '16, 4am

When a Giant Gain Causes Pain (3): Read? When a Giant Gain Causes Pain (3) How about this blog post by our own…

Read? When a Giant Gain Causes Pain (3) How about this blog post by our own local blogger on something quite similar like “When a giant gain causes pain”? Read? The Minions (Millions) Mentality Quote …. One of my problems in investing is the inability to hold on to winners. This problem becomes more obvious as the stock approaches a 100% gain, which is the threshold for a multi-bagger and comes with bragging rights. Watching the stock price fluctuating just above and below the line is nerve-wrenching. On one occasion, I decided that I had enough of the jittery and sold for a 163% gain, only to watch the stock climb another 118%! In other words, I sold for double my purchase price, and the price doubled again after I sold! It was not a minion position and the amount of “lost profits” was staggering. The stock was Riverstone…

Full article: http://thefinance.sg/2016/11/13/when-a-giant-gain-causes-...

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