Tuesday, October 28, 2014

Thoughts on Target Prices (TPs)



Remember during the DIZ days when some smart ass broker released their "research" and their projected TP of 100+? Where is it now? Poor thing didn't even reach the 70s. And poor people who held because of that darned research.


As of this writing, 1:00PM 10/28/2014, IS just made another new All time high (ATH). So if you sold because of the 0.50 TP, I guess you can make most out of it by learning from the experience. So don't set TPs, Set Trailing Stops. (TSs)


Some people have been spreading around the "NEW" TP which is 1.00. I personally think everybody should have this mindset: 


If ever somebody tells you a TP, what do we say?







Forgive me, but somebody had to say it.




5 comments:

  1. thank you sir. 1month palang ako and 5% gain so far. buti napadpad ako dito. :)

    ReplyDelete
  2. Boss Zee, ganto parin po ba take mo ngayon sa pag ti-trade? Hindi ka padin nag se-set ng TP, TS lang?

    ReplyDelete