Read? The "Free" Trade/Hedge
Review your investing diary or trading journal.
Have you noticed if your entry is good, better, best - your chances of getting out unharmed were greater?
It never was about market timing; its about risk management.
OK, not everyone trades with 10:1 leverage to appreciate the nuance I've just said.
Let's illustrate with an example:
If you have entered Keppel at $2, at the current price of $6 plus, it feels like a "free" investment. (If you let this position turn into a loss you have no one to blame but yourself)
Contrast it if you have bought Keppel at $10.
Making less and losing money not even close to "same same".
Using dividends or entry price as panadols - your choice......
