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Bangkok Post, Thailand, Ahead of the Curve Column.

Bangkok Post (Bangkok, Thailand)

| May 07, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

May 7--KNOWING WHERE YOU STAND IS KEY TO SURVIVAL: One of the problems of making money in the financial markets is that you have to be willing to lose it first in order to (hopefully) make some. In a major bull market such as last year when the Stock Exchange of Thailand rose 117 percent, it was easy and advisable to just buy and hold. But when times are volatile, as they are this year with the SET down 17 percent and one of the worst-performing equity markets in the world, it makes sense to reconsider your strategies.

The most fundamental question is one of approach. Are you trading or investing?

It is very important to know where you stand and to ...

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