Every time I do advise my client be prepare to be Flexibility with a limitation as you might need to pick up your shares as the market go beyond your trading direction.
Why?
Flexibility with a limitation means:
Holding your shares by setting your sell target within a timeframe instead of holding your shares without selling back to market
This is because some investor might loss a lot of money if they unable to purchase the shares means pick up the shares as their counter share price fall on the due date which is T+3 OR T+7 contra days.
For example:
Investor A purchased Genting at RM 9.00 on monday but the share price fell on Thursday which is T+3 contra days. Investor A had no flexibility as Investor A had no holding power to pick up Genting.As a result, Investor A sold Genting on the next day which called force selling day.Investor A had to face the consequences as the Genting share price still dropped on T+4.
However, if Investor A have pick up the shares, Genting share price might have been up for the next few weeks later.
