Dow drop another 65.84

Added on SGX and call warrants yesterday and this morning. Looking at Keppel Corp, Feredal, Swiber and STX.

No more ammo for Keppel Corp, thinking to purchase some if i manage to sell off Yangzi or Swiber, since Yangzi secure a contract recently, hope it can goes near to my buy price.

STX is quite interesting, i think it may go down further. Was reading the channel newsAsia forum on some of their 'debates'. Some advise to cut loss, some said it will rebound cause of the share arbitrage with the Korea side and pending of share buy-back. Now i learned the hard way, must have a cut loss point like perhaps 8%. I read a book that if a stock fell more than 10%, it is not a good stock, should just exit. Will try to find the book and put some information here, pretty informative.

I didn't cut loss early enough and thought will have a rebound. Am sure it will have a rebound but i miss the opportunity to buy other good stocks in a cheaper price. Again, i can never be too sure it will rebound, what if suddenly some bad news coming like a war or some terrorism act. So knowing how to cut loss is very important and now whatever stocks i buy, i make sure i know when to cut loss.