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Stopped loss and Reduced risks
By Of Bulls And Bears  •  October 30, 2018
With the downside risks presented in the world, I am switching over to the defensive. It may be a time when doing less is doing more. (time spent on stock search can be minimized due to most companies being somewhat cyclical) Recent Actions: -Stopped loss on Alibaba at around USD 144; I would take it that losses are taken from previous profits and admit my mistake of owning an overvalued company (who says bloggers only share on their profits?) -Took profit on Sandfire Resources as mining industry is partially cyclical -Added second batch of SSB to build on interest ladder and may continue to do so -Added back Wilmar. It is defensive but I dislike their high debt levels. Let's wait for 7 more days to see how the market react to US mid-term election to decide on what to do next. I am currently halfway through the book: ......
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By Of Bulls And Bears
An introduction to myself, I am reaching 30 years old soon and still actively learning. You can say I am a real job hopper in my fifth full time job! Hopefully, the same will not be practiced in terms of stocks. I do love sports like jogging and soccer. It is essential to sweat it out especially when we are seated 40 hours a week in office ...
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