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发帖数: 49 | 1 发信人: wfath (Fath), 版面: Stock
标 题: Volatility handling
发信站: 阿凡提BBS (2013/02/20 11:48:45 EST)
Look at YONG, I bought at $5, got shaken out at $5.4 recently. And it rose
to 5.7 today. Retroactively, I think I could do a better job, but It would
be hard. Why?
I bought it because of $6.6 buyout offer. But the way to the final of $6.6
is not a smooth ride. If it is a US buyout, it would a straight line to $6.6
. But it is a Chinese small cap, we need to trade between good announcement
and painful consolidation. That is hard to do.
Therefore technical control of the position are necessary all the time. i.e.
when it broke the range, you should cut no matter you gain or loss. When it
consolidates for a while, you should dive in, tolerate 2% short term loss.
But no pain no gain. There is no free lunch in this world. Learn from
mistake is a life long experience. |
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