$Sembcorp Ind(U96.SG)
Context: When I set out to build a more diverse portfolio, I wanted to branch out beyond the bank shares I was already holding. I turned my attention to the energy sector, looking for potential growth opportunities where I could secure future profits.
My trade: In the end, I decided to take a position in $Sembcorp Ind(U96.SG). As a blue-chip stock, I felt it offered the stability I was looking for.
Unfortunately, my entry timing was off. Shortly after I bought in, the share price dropped and has been moving sideways ever since.
Takeaway: Going into this trade, I thought that as long as I had the holding power to wait out a market dip, I could avoid taking actual losses.
On the other hand, I’ve realized that hoping a stock will bounce back is not a substitute for a disciplined stop-loss strategy.
