logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   25601-25620 of 31189   Older>   Last  
Latest Forum Topics / Genting Sing    Last:0.6    -0.02  Post Reply
Traders Lounge - Daily opportunities for everyone
pharoah88
Supreme
12-Nov-2010 19:05     
 
pharoah88 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

BT

When  price  GAP  UP  10 cents,  the short  position  loses  10 cents as well ?

For today,  it  falls  15 cents,  the  short position simply gains  15 cents to  cover the losses  of  Long  position ?



BullishTempo      ( Date: 12-Nov-2010 18:44) Posted:

You still here?

Waiting for friends to knock off.

Anyway here is the explanation.

1) You have 100 lots of GenSp of long position 1 day before announcement.

2) You hedge 100 lots of GenSp at 4.45pm.

3) Market closes.

4) Next day morning opens at 9am.

5) Price gaps-up 10 cents upon good results.

6) Short position lose money.

7) Long position makes money.

8) Close out short position.

9) Take the ride up for long position.

10) You lose nothing except for commission. 



Gaecia      ( Date: 12-Nov-2010 18:39) Posted:

There a loophole smwhere also helps to mitigate risk, if u hedge short on cfd before earnings announcement that's typically after lunch break or at mrkt close. If earnings are upbeat, you can't close or cancel the short hedge when mrkt's still closed only when market reopens. When it gaps up the short order will still incur losses that has to be closed out instantly.
 Useful To Me  Not Useful To Me
epliew
Supreme
12-Nov-2010 19:00     
 
epliew About Contact  Quote this Post! Style: Combined   Mood: happy
Yells: "no worries be happy !"
  x 0
  x 0

 Alert Admin 		this is amazing..... normal cash account 100 lots is too much......u are using CDF account ?

BullishTempo      ( Date: 12-Nov-2010 18:44) Posted:

You still here?

Waiting for friends to knock off.

Anyway here is the explanation.

1) You have 100 lots of GenSp of long position 1 day before announcement.

2) You hedge 100 lots of GenSp at 4.45pm.

3) Market closes.

4) Next day morning opens at 9am.

5) Price gaps-up 10 cents upon good results.

6) Short position lose money.

7) Long position makes money.

8) Close out short position.

9) Take the ride up for long position.

10) You lose nothing except for commission. 



Gaecia      ( Date: 12-Nov-2010 18:39) Posted:

There a loophole smwhere also helps to mitigate risk, if u hedge short on cfd before earnings announcement that's typically after lunch break or at mrkt close. If earnings are upbeat, you can't close or cancel the short hedge when mrkt's still closed only when market reopens. When it gaps up the short order will still incur losses that has to be closed out instantly.
 Useful To Me  Not Useful To Me


epliew
Supreme
12-Nov-2010 18:48     
 
epliew About Contact  Quote this Post! Style: Combined   Mood: happy
Yells: "no worries be happy !"
  x 0
  x 0

 Alert Admin 		yes, and enjoy your weekend !  relax and get good results.....

eeloon      ( Date: 12-Nov-2010 16:55) Posted:

All the best in your exams.



Leinadgnow      ( Date: 12-Nov-2010 16:47) Posted:

welcome :D going to study now .. hahaha stupid exams in 2 weeks time.. see you all around!! happy trading and enjoy your weekends. 


 Useful To Me  Not Useful To Me
BullishTempo
Supreme
12-Nov-2010 18:44     
 
BullishTempo About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

You still here?

Waiting for friends to knock off.

Anyway here is the explanation.

1) You have 100 lots of GenSp of long position 1 day before announcement.

2) You hedge 100 lots of GenSp at 4.45pm.

3) Market closes.

4) Next day morning opens at 9am.

5) Price gaps-up 10 cents upon good results.

6) Short position lose money.

7) Long position makes money.

8) Close out short position.

9) Take the ride up for long position.

10) You lose nothing except for commission. 



Gaecia      ( Date: 12-Nov-2010 18:39) Posted:

There a loophole smwhere also helps to mitigate risk, if u hedge short on cfd before earnings announcement that's typically after lunch break or at mrkt close. If earnings are upbeat, you can't close or cancel the short hedge when mrkt's still closed only when market reopens. When it gaps up the short order will still incur losses that has to be closed out instantly.



BullishTempo      ( Date: 12-Nov-2010 17:24) Posted:

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  
 Useful To Me  Not Useful To Me
Gaecia
Elite
12-Nov-2010 18:41     
 
Gaecia About Contact  Quote this Post! Style: Combined   Mood: cool
  x 0
  x 0

 Alert Admin 		typo, althou not also
 Useful To Me  Not Useful To Me


Gaecia
Elite
12-Nov-2010 18:39     
 
Gaecia About Contact  Quote this Post! Style: Combined   Mood: cool
  x 0
  x 0

 Alert Admin

There a loophole smwhere also helps to mitigate risk, if u hedge short on cfd before earnings announcement that's typically after lunch break or at mrkt close. If earnings are upbeat, you can't close or cancel the short hedge when mrkt's still closed only when market reopens. When it gaps up the short order will still incur losses that has to be closed out instantly.



BullishTempo      ( Date: 12-Nov-2010 17:24) Posted:

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  



BullishTempo      ( Date: 12-Nov-2010 17:20) Posted:

LoL no.

Based on what I observed for Wilmar and GenSp.

I believe a safer approach for beginner traders should be as follows :

1) Buy 2 weeks before announcement date for a good stock with anticipated good earnings.

2) This stock should already be in uptrend for at least a month.

3) Sell one day before announcement and lock in your profits.

4) If results beat estimates, buy back after annoucement.

5) If results meet estimates, price will be flat. So no issue.

6) If results fall below estimates, you are safe, since you already exited. 

This approach will cut down a lot of risks for beginner traders, especially those who are not used to hedging a position before announcement date.
 Useful To Me  Not Useful To Me
Gaecia
Elite
12-Nov-2010 18:31     
 
Gaecia About Contact  Quote this Post! Style: Combined   Mood: cool
  x 0
  x 0

 Alert Admin 		Fools meant Gar la, sense his tone. ;o  since when has Olam been up for red hot sale at 0.775...

icetomato      ( Date: 12-Nov-2010 17:27) Posted:

OLAM 0.775!!!!!? Kill me!!!

fools_gold      ( Date: 12-Nov-2010 17:25) Posted:

and I lost 19K for closing off half of my position in GSP. Other half, I havent sold yet. Not to mention 100 lots of OLAM which I bought at 0.775 and Im still holding it until now. I will probably sell everything off on Monday and just accept my profits then take a break. What an expensive experience
 Useful To Me  Not Useful To Me
epliew
Supreme
12-Nov-2010 18:18     
 
epliew About Contact  Quote this Post! Style: Combined   Mood: happy
Yells: "no worries be happy !"
  x 0
  x 0

 Alert Admin

Good advices.....i keep them in my commandment.....

my recent path for genting sp .......yes i enter  two weeks ago,,,,,, but i sold along the way for small profit.....  buy again when everybody buying...... tempted to sell when it hit 2.35...... greedy man inside say it should hit 2.38..... alamak....

now holding so much genting sp...... looks like going keep it for next quarter result !!!!!

what a journey....



BullishTempo      ( Date: 12-Nov-2010 17:24) Posted:

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  



BullishTempo      ( Date: 12-Nov-2010 17:20) Posted:

LoL no.

Based on what I observed for Wilmar and GenSp.

I believe a safer approach for beginner traders should be as follows :

1) Buy 2 weeks before announcement date for a good stock with anticipated good earnings.

2) This stock should already be in uptrend for at least a month.

3) Sell one day before announcement and lock in your profits.

4) If results beat estimates, buy back after annoucement.

5) If results meet estimates, price will be flat. So no issue.

6) If results fall below estimates, you are safe, since you already exited. 

This approach will cut down a lot of risks for beginner traders, especially those who are not used to hedging a position before announcement date.
 Useful To Me  Not Useful To Me


epliew
Supreme
12-Nov-2010 18:10     
 
epliew About Contact  Quote this Post! Style: Combined   Mood: happy
Yells: "no worries be happy !"
  x 0
  x 0

 Alert Admin
13:59:01 2.130 6,153 S


Leinadgnow      ( Date: 12-Nov-2010 17:34) Posted:



nicely put Bullish .. for the hedging part and the beginner trade part ... simple and easy to understand though not entirely risk proof .. but idiot proof :D .. can't lose much going with that trading rule..


Anyway... i can't remember who said it just now.. but (y) it was a good advice.. its not merely about how much money you can make.. the harder part or even the worst part.. is trying to figure out how to protect your money.. cut your losses.. and try not to lose money.. any one can earn money shooting fishes in a barrel in a bull market.. but the trick ah... as quoted by warren buffett and jesse livermore is this.. the trick is to know how to protect your money so that it can grow for you.. both in good times and bad :D

 Useful To Me  Not Useful To Me
rolandchiau
Member
12-Nov-2010 18:00     
 
rolandchiau About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Wat's the Panic for ??? Genting Closing Down??? Relax, weekend ahead, go enjoy, Monday will come even if you choose to worried more. Heh ......Cheers !!!
 Useful To Me  Not Useful To Me
Leinadgnow
Senior
12-Nov-2010 17:34     
 
Leinadgnow About Contact  Quote this Post!  
Yells: "Retired"
  x 0
  x 0

 Alert Admin

nicely put Bullish .. for the hedging part and the beginner trade part ... simple and easy to understand though not entirely risk proof .. but idiot proof :D .. can't lose much going with that trading rule..


Anyway... i can't remember who said it just now.. but (y) it was a good advice.. its not merely about how much money you can make.. the harder part or even the worst part.. is trying to figure out how to protect your money.. cut your losses.. and try not to lose money.. any one can earn money shooting fishes in a barrel in a bull market.. but the trick ah... as quoted by warren buffett and jesse livermore is this.. the trick is to know how to protect your money so that it can grow for you.. both in good times and bad :D
 Useful To Me  Not Useful To Me
cannotfind
Elite
12-Nov-2010 17:34     
 
cannotfind About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		wow... you lost so much more than me.... the reason I sell is I think Monday will go down somemore la... I bought yesterday got 3 days to play wat. We need to follow BT to have a good holiday first and come back to fight.

fools_gold      ( Date: 12-Nov-2010 17:25) Posted:

and I lost 19K for closing off half of my position in GSP. Other half, I havent sold yet. Not to mention 100 lots of OLAM which I bought at 0.775 and Im still holding it until now. I will probably sell everything off on Monday and just accept my profits then take a break. What an expensive experience!

cannotfind      ( Date: 12-Nov-2010 17:06) Posted:

yeah... today I lost $8000 REAL money...
 Useful To Me  Not Useful To Me


eeloon
Member
12-Nov-2010 17:33     
 
eeloon About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		just wanted to add - you have to control your emotion during trading, before you press "buy" or "sell" think of the outcome and accept it regardless whether you make or lose money.   Make money, smile, be happy and donate. If lose, learn from the it, be cautious and don't make the same mistake.

BullishTempo      ( Date: 12-Nov-2010 17:24) Posted:

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  



BullishTempo      ( Date: 12-Nov-2010 17:20) Posted:

LoL no.

Based on what I observed for Wilmar and GenSp.

I believe a safer approach for beginner traders should be as follows :

1) Buy 2 weeks before announcement date for a good stock with anticipated good earnings.

2) This stock should already be in uptrend for at least a month.

3) Sell one day before announcement and lock in your profits.

4) If results beat estimates, buy back after annoucement.

5) If results meet estimates, price will be flat. So no issue.

6) If results fall below estimates, you are safe, since you already exited. 

This approach will cut down a lot of risks for beginner traders, especially those who are not used to hedging a position before announcement date.
 Useful To Me  Not Useful To Me
cannotfind
Elite
12-Nov-2010 17:30     
 
cannotfind About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Please buy 7D back for us

BullishTempo      ( Date: 12-Nov-2010 17:26) Posted:

These 2 techniques will cut down a lot of risks for your future trades!

Keep them in mind ! 

Ok got to go, and thanks for all your well wishes.

I will be back !!! 



BullishTempo      ( Date: 12-Nov-2010 17:24) Posted:

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  
 Useful To Me  Not Useful To Me
icetomato
Elite
12-Nov-2010 17:27     
 
icetomato About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		OLAM 0.775!!!!!? Kill me!!!

fools_gold      ( Date: 12-Nov-2010 17:25) Posted:

and I lost 19K for closing off half of my position in GSP. Other half, I havent sold yet. Not to mention 100 lots of OLAM which I bought at 0.775 and Im still holding it until now. I will probably sell everything off on Monday and just accept my profits then take a break. What an expensive experience!

cannotfind      ( Date: 12-Nov-2010 17:06) Posted:

yeah... today I lost $8000 REAL money...
 Useful To Me  Not Useful To Me
BullishTempo
Supreme
12-Nov-2010 17:26     
 
BullishTempo About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

These 2 techniques will cut down a lot of risks for your future trades!

Keep them in mind ! 

Ok got to go, and thanks for all your well wishes.

I will be back !!! 



BullishTempo      ( Date: 12-Nov-2010 17:24) Posted:

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  



BullishTempo      ( Date: 12-Nov-2010 17:20) Posted:

LoL no.

Based on what I observed for Wilmar and GenSp.

I believe a safer approach for beginner traders should be as follows :

1) Buy 2 weeks before announcement date for a good stock with anticipated good earnings.

2) This stock should already be in uptrend for at least a month.

3) Sell one day before announcement and lock in your profits.

4) If results beat estimates, buy back after annoucement.

5) If results meet estimates, price will be flat. So no issue.

6) If results fall below estimates, you are safe, since you already exited. 

This approach will cut down a lot of risks for beginner traders, especially those who are not used to hedging a position before announcement date.
 Useful To Me  Not Useful To Me
fools_gold
Senior
12-Nov-2010 17:26     
 
fools_gold About Contact  Quote this Post!  
Yells: "nihil timendum est."
  x 0
  x 0

 Alert Admin 		I meant losses not profits...jeez! im feel so tired

fools_gold      ( Date: 12-Nov-2010 17:25) Posted:

and I lost 19K for closing off half of my position in GSP. Other half, I havent sold yet. Not to mention 100 lots of OLAM which I bought at 0.775 and Im still holding it until now. I will probably sell everything off on Monday and just accept my profits then take a break. What an expensive experience!

cannotfind      ( Date: 12-Nov-2010 17:06) Posted:

yeah... today I lost $8000 REAL money...
 Useful To Me  Not Useful To Me
fools_gold
Senior
12-Nov-2010 17:25     
 
fools_gold About Contact  Quote this Post!  
Yells: "nihil timendum est."
  x 0
  x 0

 Alert Admin 		and I lost 19K for closing off half of my position in GSP. Other half, I havent sold yet. Not to mention 100 lots of OLAM which I bought at 0.775 and Im still holding it until now. I will probably sell everything off on Monday and just accept my profits then take a break. What an expensive experience!

cannotfind      ( Date: 12-Nov-2010 17:06) Posted:

yeah... today I lost $8000 REAL money...
 Useful To Me  Not Useful To Me
BullishTempo
Supreme
12-Nov-2010 17:24     
 
BullishTempo About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

Hedging a position before announcement date means :

Example : 

1)  You have 100 lots of GenSp 1 day before announcement, long position.

2) You decide to hedge your position, so you short 100 lots of GenSp.

3) After announcement, close your long or short position depending on results.  



BullishTempo      ( Date: 12-Nov-2010 17:20) Posted:

LoL no.

Based on what I observed for Wilmar and GenSp.

I believe a safer approach for beginner traders should be as follows :

1) Buy 2 weeks before announcement date for a good stock with anticipated good earnings.

2) This stock should already be in uptrend for at least a month.

3) Sell one day before announcement and lock in your profits.

4) If results beat estimates, buy back after annoucement.

5) If results meet estimates, price will be flat. So no issue.

6) If results fall below estimates, you are safe, since you already exited. 

This approach will cut down a lot of risks for beginner traders, especially those who are not used to hedging a position before announcement date.



Gaecia      ( Date: 12-Nov-2010 17:15) Posted:

DON'T whack big in GENSP and hav a diversified portfolio
 Useful To Me  Not Useful To Me
Greenbean
Senior
12-Nov-2010 17:24     
 
Greenbean About Contact  Quote this Post!   Mood: worried
Yells: "Live green. Let it be GREEN."
  x 0
  x 0

 Alert Admin 		BT, Have a safe and fun trip.  Thanks for your updates and guidance. Gonna miss you.

Gaecia      ( Date: 12-Nov-2010 17:13) Posted:

Going on mission trip to manila BT? ;p



cannotfind      ( Date: 12-Nov-2010 17:12) Posted:

BT, you never tell us where you go
 Useful To Me  Not Useful To Me
                                                         First   < Newer   25601-25620 of 31189   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.