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For the contra players....

Agreed. Wish never had played at all...no win no lose is actually a win liao. The thot of recouping losses made me lost more till all gone. :(

fortuner      ( Date: 04-Oct-2013 16:33) Posted: Don't be sad. Lots of ppl is still in the red including myself (stupid mistakes from past years), if that makes you feel better. Sometimes overall not losing means win liao. Learn from past mistakes and don't repeat. Joanne88      ( Date: 04-Oct-2013 15:56) Posted: i lost $15k last month after offset the profit left $50... so so sad

 

got profit still sad sad haha, not sensitive

fortuner      ( Date: 04-Oct-2013 16:33) Posted: Don't be sad. Lots of ppl is still in the red including myself (stupid mistakes from past years), if that makes you feel better. Sometimes overall not losing means win liao. Learn from past mistakes and don't repeat. Joanne88      ( Date: 04-Oct-2013 15:56) Posted: i lost $15k last month after offset the profit left $50... so so sad

 

Don't be sad. Lots of ppl is still in the red including myself (stupid mistakes from past years), if that makes you feel better. Sometimes overall not losing means win liao. Learn from past mistakes and don't repeat.

Joanne88      ( Date: 04-Oct-2013 15:56) Posted: i lost $15k last month after offset the profit left $50... so so sad Jacques      ( Date: 04-Oct-2013 15:50) Posted: I'm crying too...today gone all my savings of 30k ... YHM, Innopac, Cacola...

 

Exactly...they won't be so gd to cancel the trade as they can claimed that trade is keyed in by me. Can't do anything also... i will close my trading a/c after deducting giro...since my savings all gone liao.

librajet      ( Date: 04-Oct-2013 16:25) Posted: wont win la bro. Even u have the conversation recorded, the keying is still done by you JarolLo      ( Date: 04-Oct-2013 16:21) Posted: You should complain to SGX and write in the ST forum, publicise it in the media

 

Bad thing no recorded conversation. Now the manager claimed their intention is to let me know there is risk of being suspended like blumont, asiasons... and to avoid me being penalised for each suspension day of 5k per day. I scolded him, even if really suspend is my own problem, no reason to force me buy back immediate, he can only say trade is filled and situtation cannot be revert. Damn!

solidbuy      ( Date: 04-Oct-2013 16:16) Posted: that time I bought this counter and they call me immediately saying something's wrong with the company. I don't care and sell it a few weeks later and made 50%. lol Jacques      ( Date: 04-Oct-2013 16:14) Posted: I was queuing at 7.9 cts at the time... they forced me to cancel it and buy back immediate when px re-surged to 9.3 cts. The cancelled queue record still in the system. What can I do? I shorted 500 lots and they made me lost abt 7K for nothing :

 

wont win la bro. Even u have the conversation recorded, the keying is still done by you

JarolLo      ( Date: 04-Oct-2013 16:21) Posted: You should complain to SGX and write in the ST forum, publicise it in the media. Jacques      ( Date: 04-Oct-2013 16:00) Posted: Juz to share, my brokerage KE sabotaged me..... i shorted Innopac at 8 cts, then dealer called me and said there is risk of being suspended....then he and his manager forced and pressured me to buy back with immediate on the phone, then px rises to 9.3 cts. I called the manager back and said it is unreasonable to force me and make me lose for nothing!!! then they now claimed trade keyed in by me and cannot be undone. Fxxk! px now 7.5 cts.

 

You should complain to SGX and write in the ST forum, publicise it in the media.

Jacques      ( Date: 04-Oct-2013 16:00) Posted: Juz to share, my brokerage KE sabotaged me..... i shorted Innopac at 8 cts, then dealer called me and said there is risk of being suspended....then he and his manager forced and pressured me to buy back with immediate on the phone, then px rises to 9.3 cts. I called the manager back and said it is unreasonable to force me and make me lose for nothing!!! then they now claimed trade keyed in by me and cannot be undone. Fxxk! px now 7.5 cts.

 

that time I bought this counter and they call me immediately saying something's wrong with the company. I don't care and sell it a few weeks later and made 50%. lol

Jacques      ( Date: 04-Oct-2013 16:14) Posted: I was queuing at 7.9 cts at the time... they forced me to cancel it and buy back immediate when px re-surged to 9.3 cts. The cancelled queue record still in the system. What can I do? I shorted 500 lots and they made me lost abt 7K for nothing :( Tomique      ( Date: 04-Oct-2013 16:05) Posted: Many brokers or most of them are dishonest.   They take the risk to be suspended or kicked out from the system (exchange). Sometimes you not careful, you find a losing trade in your system and they can't do anything.   " You have clicked it" they will say!!   So note your time accessing the net.   It is true and can happen.   Any with a written record, at least you know what you did or did not do and can fight back by law.....

 

I was queuing at 7.9 cts at the time... they forced me to cancel it and buy back immediate when px re-surged to 9.3 cts. The cancelled queue record still in the system. What can I do? I shorted 500 lots and they made me lost abt 7K for nothing :(

Tomique      ( Date: 04-Oct-2013 16:05) Posted: Many brokers or most of them are dishonest.   They take the risk to be suspended or kicked out from the system (exchange). Sometimes you not careful, you find a losing trade in your system and they can't do anything.   " You have clicked it" they will say!!   So note your time accessing the net.   It is true and can happen.   Any with a written record, at least you know what you did or did not do and can fight back by law...... Jacques      ( Date: 04-Oct-2013 16:00) Posted: Juz to share, my brokerage KE sabotaged me..... i shorted Innopac at 8 cts, then dealer called me and said there is risk of being suspended....then he and his manager forced and pressured me to buy back with immediate on the phone, then px rises to 9.3 cts. I called the manager back and said it is unreasonable to force me and make me lose for nothing!!! then they now claimed trade keyed in by me and cannot be undone. Fxxk! px now 7.5 cts.

 

Many brokers or most of them are dishonest.   They take the risk to be suspended or kicked out from the system (exchange). Sometimes you not careful, you find a losing trade in your system and they can't do anything.   " You have clicked it" they will say!!   So note your time accessing the net.   It is true and can happen.   Any with a written record, at least you know what you did or did not do and can fight back by law......

Jacques      ( Date: 04-Oct-2013 16:00) Posted: Juz to share, my brokerage KE sabotaged me..... i shorted Innopac at 8 cts, then dealer called me and said there is risk of being suspended....then he and his manager forced and pressured me to buy back with immediate on the phone, then px rises to 9.3 cts. I called the manager back and said it is unreasonable to force me and make me lose for nothing!!! then they now claimed trade keyed in by me and cannot be undone. Fxxk! px now 7.5 cts.

 

Absolutely! The MOST IMPORTANT THING IS TO PLAY WITHIN YOUR MEAN!

I have seen so many gamblers stories until I scare and I listen  and learn through  them....

PLEASE, PLEASE DONT THROW AWAY WHAT YOU HAVE NOW....

teeth53      ( Date: 04-Oct-2013 15:54) Posted: True true, that true. Never never n ever play against BBs who has deep pocket. BBs can loss 50k?. We loss 5k. We are dead. For BBs (they) can buy back another 50k cheaper. Can we. Since we (retail players)  are dead. Play within mean. JarolLo      ( Date: 03-Oct-2013 13:38) Posted: We are fighting against the BB, the insiders, shortist  and the trading house. Who are we? We're just small ants.  The moment key in, we're  losing the split and brokage. The price has to move up to cover the split, and followed by the brokage, then we start breakeven. During which still have to face the heavy storm from the BBs, insiders, shortist  and trading house. Very tough. I also scale down a lot. Bro Sofarsogood, I can understand how you feel because I'm one of the many losers also. Life still have to continue, please remember. Talk to your wife tell her you need her, and tell her that it will be very bad for the baby without a complete family. How will he or she face the reality when grown up. There is also a government consultation agency for anti gambling one. Try to contact them and ask for help. Tell you the truth, I'm thinking of approaching them also. You're not alone.

 

Juz to share, my brokerage KE sabotaged me..... i shorted Innopac at 8 cts, then dealer called me and said there is risk of being suspended....then he and his manager forced and pressured me to buy back with immediate on the phone, then px rises to 9.3 cts. I called the manager back and said it is unreasonable to force me and make me lose for nothing!!! then they now claimed trade keyed in by me and cannot be undone. Fxxk! px now 7.5 cts.

 

i lost $15k last month after offset the profit left $50... so so sad

Jacques      ( Date: 04-Oct-2013 15:50) Posted: I'm crying too...today gone all my savings of 30k ... YHM, Innopac, Cacola...

 

True true, that true. Never never n ever play against BBs who has deep pocket.

BBs can loss 50k?. We loss 5k. We are dead. For BBs (they) can buy back another 50k cheaper. Can we. Since we (retail players)  are dead.

Play within mean.

JarolLo      ( Date: 03-Oct-2013 13:38) Posted: We are fighting against the BB, the insiders, shortist  and the trading house. Who are we? We're just small ants.  The moment key in, we're  losing the split and brokage. The price has to move up to cover the split, and followed by the brokage, then we start breakeven. During which still have to face the heavy storm from the BBs, insiders, shortist  and trading house. Very tough. I also scale down a lot. Bro Sofarsogood, I can understand how you feel because I'm one of the many losers also. Life still have to continue, please remember. Talk to your wife tell her you need her, and tell her that it will be very bad for the baby without a complete family. How will he or she face the reality when grown up. There is also a government consultation agency for anti gambling one. Try to contact them and ask for help. Tell you the truth, I'm thinking of approaching them also. You're not alone.  solidbuy      ( Date: 03-Oct-2013 11:46) Posted: oh sorry to hear that. if play contra, play small small can liao. sometime win kopi money sometime lose lunch money can liao. if want to play big, you need to be able to hold long....BBs are out to take money from small players. whether up or down, they can play you out and swallow you. Hope everyone restrain himself/herself. For me I can lose on paper but I can long for years until profit....and I play within my means(the most lose 1 month salary). :

 

I'm crying too...today gone all my savings of 30k ... YHM, Innopac, Cacola...

 

" Never put the eggs you wan to keep in the same basket that you want to throw at the market" - medivh

3) Maintain different accts. Someone once said, never mix your needy funds with your trading funds.
when stk market crashed, you will be in deep trouble.


- taken from my other thread

 

teeth53      ( Date: 04-Oct-2013 15:42) Posted: U are absolutely right, each bet before U. Must think of the family n kids first. solidbuy      ( Date: 03-Oct-2013 13:50) Posted: To add to my post, I'm also married and has a kid. When I play, I always think of them to restrict my bet. Until now, I have not lose any 1 month salary. Maybe 1-2k paper loss. Thinking of pulling out after reading your sad post.... SofarSogood, hope to see you can get support from your wife and family to see you through the mess. Wish you good luck

 

U are absolutely right, each bet before U. Must think of the family n kids first.

solidbuy      ( Date: 03-Oct-2013 13:50) Posted: To add to my post, I'm also married and has a kid. When I play, I always think of them to restrict my bet. Until now, I have not lose any 1 month salary. Maybe 1-2k paper loss. Thinking of pulling out after reading your sad post.... SofarSogood, hope to see you can get support from your wife and family to see you through the mess. Wish you good luck. JarolLo      ( Date: 03-Oct-2013 13:38) Posted: We are fighting against the BB, the insiders, shortist  and the trading house. Who are we? We're just small ants.  The moment key in, we're  losing the split and brokage. The price has to move up to cover the split, and followed by the brokage, then we start breakeven. During which still have to face the heavy storm from the BBs, insiders, shortist  and trading house. Very tough. I also scale down a lot. Bro Sofarsogood, I can understand how you feel because I'm one of the many losers also. Life still have to continue, please remember. Talk to your wife tell her you need her, and tell her that it will be very bad for the baby without a complete family. How will he or she face the reality when grown up. There is also a government consultation agency for anti gambling one. Try to contact them and ask for help. Tell you the truth, I'm thinking of approaching them also. You're not alone.

 

Sofarsogood remember a good man is someone who has fallen n stand up again. You are a good man. I respect u. It will be tough but stay strong. Use the rest of ur life to repay ur wife n thank her for her support. 230k can be repaid. Now ur life just started . Walk straight n tall n remember it takes so much courage to stop being the victim. Ur success is just ahead from now on. Good luck n fair well n dun look back. Just look straight.

Sofarsogood?      ( Date: 04-Oct-2013 14:56) Posted: Dear all, thank you very much for all your advice. I have just cut all my contra position. Although I should have cut yesterday than today. I seriously can't afford to take anymore exposure. I don't want to leave it open over the weekend. Yes - my goal now is repay all my debts and stand up again. I know it is going to be very very extremely tough and sour. My wife used very very nasty words to me, nonetheless, she help me to pick up some of my contra position too to reduce my loss. My mom cried and told me not to do anything silly. If I did, she will do the same. All of my family members decided to keep this apart from my father as afraid that he will get heart attack if he knows this. It is really very very bad. I promised my family members I fell down, cried, but I will stand up again.  All the best everyone. Take care and God bless.

 

I also cried after reading this. YOU MUST STAY STRONG!!!!!

Sofarsogood?      ( Date: 04-Oct-2013 14:56) Posted: Dear all, thank you very much for all your advice. I have just cut all my contra position. Although I should have cut yesterday than today. I seriously can't afford to take anymore exposure. I don't want to leave it open over the weekend. Yes - my goal now is repay all my debts and stand up again. I know it is going to be very very extremely tough and sour. My wife used very very nasty words to me, nonetheless, she help me to pick up some of my contra position too to reduce my loss. My mom cried and told me not to do anything silly. If I did, she will do the same. All of my family members decided to keep this apart from my father as afraid that he will get heart attack if he knows this. It is really very very bad. I promised my family members I fell down, cried, but I will stand up again.  All the best everyone. Take care and God bless.

 

Bro, this is life. Just face it and solve it. No short cut, but also believe one thing, nothing is impossible. Those who had gone through commando training before know very well. No matter how hard the life is,  be it  kana tekan until wanted to suicide during the POW training or whatever jungle survival training, everybody  can still  get through. You're still young, many opportunities ahead. I was ever in far worse situation than you before in my late 20s, even money cannot settle, thought my life is over, but still managed to get through and now still remain a complete piece.

Remember, nothing is impossible. Well done that you're still remain strong in your heart.

Sofarsogood?      ( Date: 04-Oct-2013 14:56) Posted: Dear all, thank you very much for all your advice. I have just cut all my contra position. Although I should have cut yesterday than today. I seriously can't afford to take anymore exposure. I don't want to leave it open over the weekend. Yes - my goal now is repay all my debts and stand up again. I know it is going to be very very extremely tough and sour. My wife used very very nasty words to me, nonetheless, she help me to pick up some of my contra position too to reduce my loss. My mom cried and told me not to do anything silly. If I did, she will do the same. All of my family members decided to keep this apart from my father as afraid that he will get heart attack if he knows this. It is really very very bad. I promised my family members I fell down, cried, but I will stand up again.  All the best everyone. Take care and God bless.