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Fellowship of the Shares
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singaporegal
Supreme |
03-Dec-2007 21:13
Yells: "Female TA nut" |
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Hi elfie, Good to see you posting again! Like you, I have been too lazy to setup my CFD account. I read that cashiertan advocates saxobank. Anyone else use their platform before? |
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Manikamaniko.
Master |
03-Dec-2007 14:07
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This is excellent right-brain stuff in action!... 
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baseerahmed
Master |
03-Dec-2007 14:00
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The Diligent Student It is as a warrior that Arjuna is best known. The foundation for his career as a warrior was laid young; Arjuna was an outstanding and diligent student, learning everything that his guru Dronacharya could teach him Guru Dronacharya once decided to test his students. He hung a wooden bird from the branch of a tree and then summoned his students. One by one, he asked his students to aim for the eye of the wooden bird and be ready to shoot; then, when they were ready, he would ask the student to describe all that he was able to see. The students generally described the garden, the tree, flowers, the branch from which the bird was suspended and the bird itself. Guru Dronacharya then asked them to step aside. When asked what he could see, Arjuna told his Guru that he could only see the bird's eye. http://en.wikipedia.org/wiki/Arjuna |
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Manikamaniko.
Master |
02-Dec-2007 23:54
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BasserAhmed... :) You make it sound like this "10-Module Package" is only about head knowledge... It is definitely not enough to have read through the 10-Module tome and know the teachings academically... More is required... Specifically, it requires a commitment to make oneself a good trader by living the teachings as though it is one's religion. One should not just pay lip service to a chosen belief system, but give it all the faith we've got, especially if it can stand the test of time ... Heart knowledge is the key to stock market trading success, not just head knowledge... 
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baseerahmed
Master |
02-Dec-2007 21:42
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Looks like there are many undergrads and postgrads from the University of SMGenie ...LOL ! Perhaps in time to come there would be an Alumnus of Genie , and our Dr. Manikamaniko would make an excellent President of the Alumnus..hahaha ! |
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cashiertan
Elite |
02-Dec-2007 16:22
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http://www.saxomarkets.com.sg/private/accounts/saxotrader.aspx lol Sing dollar Forex acct! lol, i can trade almost all with one platform! |
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cashiertan
Elite |
02-Dec-2007 16:07
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Try the saxobank trading platform. it is free and better than poems protrader which cost 30 per mth! http://www.saxomarkets.com.sg/ Bye Poems hi Saxo! |
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cashiertan
Elite |
02-Dec-2007 15:47
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u can consider Saxobank trading acct, when u open acct with them u can trade almost everything u want in this world, bonds, futures, forex, cfd, stocks and commodities. also their cfd package is very wide, unlike local brokers, really have to say they cmi compared to their overseas peers, dun even have stop lost buy/sell limit for their online trading. this is one of the reason why many sporean TA ppl lose money coz mechanical s/l is always better than emotional s/l. also, saxobank cfd allows up to 20x levearge. great for reversal days. what i like is CFD for Indexs ETF. trading this is enough liao if u want a living off trading. |
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Manikamaniko.
Master |
02-Dec-2007 12:26
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Loushare... :) CFD is a must if you are an advanced trader, but it is not suitable for those who have only a basic knowledge of the stock market, since a reasonably advanced knowledge of TA is required to short stocks successfully. Normally, when we sell a stock, we need to have that stock before we can sell it. But With the CFD service, the CFD broker will settle this for you, as they have the means to 'borrow' on your behalf the stock you want to short, so you need not worry about having bought the stock first. Thus, you can simply sell a stock which is on their CFD stocks list and hold this short position for as long as you like, but normally you would want to liquidate (once you have made enough profits) by a buying aka 'covering' transaction to settle that open position. But CFD is not only for shorting... it is just as good for buying stocks, in which case you have a 5X leverage. I think CFD is the most wonderful service ever invented for stock traders!... |
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elfinchilde
Elite |
02-Dec-2007 12:15
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i know, i seriously need to open my cfd acct man. have been too out of it. urgh. esp since the tools for predicting down is the same as predicting up, just reverse direction only. haha. thanks to all for their advice! :) focus on locking in this coming week liao. sti in overbought. also note quite a bit of cowboy activity on a lot of counters, last 5 min or post closing bell sudden large lots dumped or bought on counters. like SPH, singpost, cosco, yanlord. 1st two sold down, last two bought up. Signal of cowboy BBs in. be prepared for a volatile week next week. esp when vol is low, it means massive movements probable. both shorts and longs are in when hedge funds play. forewarned is forearmed. cheers! |
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Manikamaniko.
Master |
02-Dec-2007 12:13
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HarryP... :) You have obviously gotten into the flow of things... and 'stock market enlightenment'... a state akin to 'Nirvana' of bourse, to borrow a divine term... ! Way to go, man !... And I certainly don't compare it to "An Ancient Taoist's Secret Manual' for nothing... hehehe...
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tabbykat
Member |
02-Dec-2007 12:00
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go to igmarkets.com.sg and read all about CFD. Cheers |
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harryp
Veteran |
02-Dec-2007 11:59
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Mani... :)) Agree on the value of this book StockMarket Genie. Whenever I read this book, it opens new doors in my trading career and I see things that were previously unaware of but somehow have done it either knowing or unknowing, correctly or incorrectly. I would say this book is beyond theory. Theory can be learnt and put to practice and there are tons of such in the market. But here the teaching is is very different, looks like more for cultivating a way of life. Imagine how difficult is to to be able to achieve a state of oneness with the market so that one is in the flow with the market and seeing the market just as in the moment and react accordingly in the present moment...... just appetizer.... :)) |
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loushare
Member |
02-Dec-2007 11:36
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Can anyone kind enough to educate us on cfd on this forum. What is cfd? How to use it? Adv and disadv? How to buy/sell cfd ?. Thanks in advance! |
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Manikamaniko.
Master |
02-Dec-2007 09:08
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Lausk22... :)... No matter what happend to the stock market, we must remain absolutely objective and unemotional... This is very, very hard to practise... And this is what I practise (as distinct from just knowing it), a state of thinking which I also learned from the gurus who have so painstakingly and lovingly brought the "10-Module Stock Market Manual" to serious people (ie. people who are serious about learning and putting the teachings into practice in their lives). They have "cracked the stock market code" in the sense that they have found the right approach to tackling the beast.... |
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cashiertan
Elite |
02-Dec-2007 07:32
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elf, get ur cfd ready asap. we are in time of big rise big drop. CFD for STI ETF will be enough le. |
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lausk22
Veteran |
29-Nov-2007 23:37
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Mr Mani, You make a fantastic diplomat! Are you from the foreign service?
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Manikamaniko.
Master |
29-Nov-2007 20:41
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I think Singaporegal is more busy than lazy... :) Since analyzing the many charts will itself take so much of our free time ...
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elfinchilde
Elite |
29-Nov-2007 20:22
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i shd start holding stocks for long term too man. less taxing on the nerves. mebbe next year. haha. nono, singaporegal, it isn't that you're lazy, more like someone like me types damn fast! lol. k, gonna have dinner. byebye! tmrw market shd be down a bit. |
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singaporegal
Supreme |
29-Nov-2007 20:09
Yells: "Female TA nut" |
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cashiertan doing value investing? I thought you were 100% TA! Hi Mani, I guess you're right. Short posts are easier to read and I'm just plain lazy. |
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