It seems likely that I have made a premature exit from SembMar. Should I reenter?
I can only if I am :
Convinced that the market will run further. However, I am having a lot of doubts that the market can rise much further.
But would I then not miss out on profits? I think sometimes in the stock market, we have to learn to not be greedy and chase after every opportunity. Yes, allow some of these opportunities to pass through our fingers, and conserve our resources for the next round.
But since the price is still hovering around where I last left, there is a chance to get back into the action. But I need a stop at the entry price. Actually quite risk free, since I have already booked some profit. Hopefully, tomorrow when market opens, it does not gap up, so that I will have a chance to get back into the action. Let's see how.
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