Firstly, I recommend dividing money into several sectors. I invested 40-45% into Blue Chips; put 40-45% to challenge risk; hold the rest of 20%-10% in order to re-purchase.
Then, if the trend was up, just hold stocks; if the market advanced for 3 days, escape; if the volumn nearly doubled in the first 3 hours and stock added, so follow.
Finally, I do suggest u preventing ur savings from running risks. Or at least, put a small part to challenge. Chinese stocks were usually traded and played by chinese themselves, in addition, chinese stocks often have small cap. What's more, Most of the chinese shareholders invested individually. So therefore chinese investors were generally weak in shielding off risks and more vulnerable to market fluctuations. After all, I Do not touch NT unless I have friend in the company and could give me some internal news, I do not change stocks too often unless I have 80% oppertunity to earn more and sufficient statments(with an eye on particular stocks,not all stocks), I do not escape because of the fluctuations(hold it, if u can. SOHU from 5.3 to 36, SINA from 11 to 33), I do not beleive I can buy at lowest and sell at highest. But I know:
"our goal is to find an outstand stock at sensible price but not a mediocre stock at bargin price."
Anyway, this is my present holdings, I'd love to share experience with everybody.
Running Risk: AXTI (TAIWAN semiconductor, maybe chinese would play it this time)
Blue Chips: CSCO, C, JPM, WMT(under 50 is ok) NXTL
Mutal Funds: FBRSX, RYSRX
Then, if the trend was up, just hold stocks; if the market advanced for 3 days, escape; if the volumn nearly doubled in the first 3 hours and stock added, so follow.
Finally, I do suggest u preventing ur savings from running risks. Or at least, put a small part to challenge. Chinese stocks were usually traded and played by chinese themselves, in addition, chinese stocks often have small cap. What's more, Most of the chinese shareholders invested individually. So therefore chinese investors were generally weak in shielding off risks and more vulnerable to market fluctuations. After all, I Do not touch NT unless I have friend in the company and could give me some internal news, I do not change stocks too often unless I have 80% oppertunity to earn more and sufficient statments(with an eye on particular stocks,not all stocks), I do not escape because of the fluctuations(hold it, if u can. SOHU from 5.3 to 36, SINA from 11 to 33), I do not beleive I can buy at lowest and sell at highest. But I know:
"our goal is to find an outstand stock at sensible price but not a mediocre stock at bargin price."
Anyway, this is my present holdings, I'd love to share experience with everybody.
Running Risk: AXTI (TAIWAN semiconductor, maybe chinese would play it this time)
Blue Chips: CSCO, C, JPM, WMT(under 50 is ok) NXTL
Mutal Funds: FBRSX, RYSRX