Genting Sing
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Cut loss at 2.07 for those bot at 2.30 ( -10% ) Excercise your discipline.
Did u guys see how 15mil of 2.10 got eaten up? Wow, 2.07 coming ......
YEH!!! My target 2.07 coming!!!!!
wah.. if u say like this no need to buy already.... the best is to have real cash and able to keep and not contra.
I did propose all of us to team up to be a BB but no good responses.
Leinadgnow ( Date: 15-Nov-2010 16:39) Posted:
i feel that the fastest way to lose money is to try and chase the swing and see volume buy/sell trade .. cause you will try to catch the band wave .. and fall .. hard.. lets say u got only captial for 10 lots.. u need it to go up at least 0.02 in order to cover comission+ make some kopi money... 200 dollars - 140 in commission and taxes both way... However, BB only need 0.01 to earn ..0.01 x 1m = 100k .. - comission and stuff = still proft of about 60k .... think about it.... chasing the buy volume UP trend.. means you buy.. and suddenly u holding out for +0.02 or 0.03.. it touches it.. but ur queueing and the BB releases it at a 0.01 profit.. market flooded.. sell down .. panic... at best u sell with the BB 0.01+ lose kopi money.. at worst.. market react adversely.. panic selling .. u stuck ....
I feel that we shouldn't chase the buying or selling volume.. it's meaningless.. ask any citibank or merill lynch trader.... or Poems for that matter.. hardly people are recommende to go for tick by tick or min/second charting... it's dangerous and the fastest way to lose money.. look at least 4hrs- 1day intraday trend chart... and look at it overall.. for instance .. i told you that it's gonna go down abit more today before it bottoms out.. but people try to catch the +- 2 pip spread.. and they get burnt.. hard and fast.. You want to scalp the market.. you better be damn freakin good.. set your stop loss to +-3% and trailing stops to 1 or 2 of profit... don't get caught pants down .. i read the forum .. so many of you no trailing stops.. no stop loss... sure kana burn one.. you have to let a bad trade go no matter how much it sucks.. cause if it snowballs downwards.. ur screwed.. The only time you shouldn't put a stop loss is NEVER... Set it.. 3 % .. get out of there.. rule of thumb... Don't be like an auntie i know(not related).. play the stock market.. don't want to let it go .. die also don't want... say will go up .HOPE AND HOPE ..and then go bankrupt.. borrow money ... and say no money to even buy food for kids and take bus.. YOU WANT TO PLAY SCALPING.. LEARN TO STOP LOSS!!!!!!
That's not to say dun look at the buying or selling volume intra day . look at it to know where the general direction of the market is going.. like for instance.. 2 days buy volume higher then sell volume = accumulating (can see from accumulation/distribution chart) .. No need to post BUY UP BUY UP every few minutes.. SELL DOWN SELL DOWN every 5 seconds... no one can scalp like that.. at least no one that i know off even when i intern with these traders... Can go ask bullish tempo what he thinks of this...
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i feel that the fastest way to lose money is to try and chase the swing and see volume buy/sell trade .. cause you will try to catch the band wave .. and fall .. hard.. lets say u got only captial for 10 lots.. u need it to go up at least 0.02 in order to cover comission+ make some kopi money... 200 dollars - 140 in commission and taxes both way... However, BB only need 0.01 to earn ..0.01 x 1m = 100k .. - comission and stuff = still proft of about 60k .... think about it.... chasing the buy volume UP trend.. means you buy.. and suddenly u holding out for +0.02 or 0.03.. it touches it.. but ur queueing and the BB releases it at a 0.01 profit.. market flooded.. sell down .. panic... at best u sell with the BB 0.01+ lose kopi money.. at worst.. market react adversely.. panic selling .. u stuck ....
I feel that we shouldn't chase the buying or selling volume.. it's meaningless.. ask any citibank or merill lynch trader.... or Poems for that matter.. hardly people are recommende to go for tick by tick or min/second charting... it's dangerous and the fastest way to lose money.. look at least 4hrs- 1day intraday trend chart... and look at it overall.. for instance .. i told you that it's gonna go down abit more today before it bottoms out.. but people try to catch the +- 2 pip spread.. and they get burnt.. hard and fast.. You want to scalp the market.. you better be damn freakin good.. set your stop loss to +-3% and trailing stops to 1 or 2 of profit... don't get caught pants down .. i read the forum .. so many of you no trailing stops.. no stop loss... sure kana burn one.. you have to let a bad trade go no matter how much it sucks.. cause if it snowballs downwards.. ur screwed.. The only time you shouldn't put a stop loss is NEVER... Set it.. 3 % .. get out of there.. rule of thumb... Don't be like an auntie i know(not related).. play the stock market.. don't want to let it go .. die also don't want... say will go up .HOPE AND HOPE ..and then go bankrupt.. borrow money ... and say no money to even buy food for kids and take bus.. YOU WANT TO PLAY SCALPING.. LEARN TO STOP LOSS!!!!!!
That's not to say dun look at the buying or selling volume intra day . look at it to know where the general direction of the market is going.. like for instance.. 2 days buy volume higher then sell volume = accumulating (can see from accumulation/distribution chart) .. No need to post BUY UP BUY UP every few minutes.. SELL DOWN SELL DOWN every 5 seconds... no one can scalp like that.. at least no one that i know off even when i intern with these traders... Can go ask bullish tempo what he thinks of this...
firewood (is it the cold syrup?), I will buy GAR at 70 cents.
2.23 and 2.28... xiao liao
epliew ( Date: 15-Nov-2010 16:28) Posted:
how much did you bought ?
cannotfind ( Date: 15-Nov-2010 16:00) Posted:
| yep... I still got 20lots at high price le.... sien.... headache... migran |
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Gaecia.... you see OCBC... you didn't buy right??????
how much did you bought ?
cannotfind ( Date: 15-Nov-2010 16:00) Posted:
yep... I still got 20lots at high price le.... sien.... headache... migrane
Gaecia ( Date: 15-Nov-2010 15:57) Posted:
| BT always sets his stop limit whenever his order's filled, that's for sure. but we don't practise it much hu |
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Well obviously with your track record, u don't need one.
Only some brokerages has stop limit feature supported on the trading platform, do find out more frm your brokerage firm.
icetomato ( Date: 15-Nov-2010 16:03) Posted:
Actually........ I not sure how to set.. Never tried before... haha.. So suaku.
Gaecia ( Date: 15-Nov-2010 15:57) Posted:
| BT always sets his stop limit whenever his order's filled, that's for sure. but we don't practise it much hu |
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Haha. Ok. Next time I try.
cannotfind ( Date: 15-Nov-2010 16:04) Posted:
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Icy, just hamtam only la.
icetomato ( Date: 15-Nov-2010 16:03) Posted:
| Actually........ I not sure how to set.. Never tried before... haha.. So suaku |
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Icy, just hamtam only la.
icetomato ( Date: 15-Nov-2010 16:03) Posted:
Actually........ I not sure how to set.. Never tried before... haha.. So suaku.
Gaecia ( Date: 15-Nov-2010 15:57) Posted:
| BT always sets his stop limit whenever his order's filled, that's for sure. but we don't practise it much hu |
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Actually........ I not sure how to set.. Never tried before... haha.. So suaku.
Gaecia ( Date: 15-Nov-2010 15:57) Posted:
BT always sets his stop limit whenever his order's filled, that's for sure. but we don't practise it much huh
spiderman_er ( Date: 15-Nov-2010 15:54) Posted:
Nope , nobody is too rich to care about stop loss. Capital protection is important.
Anyway, I will watch closely 2.07-2.08, as that will be my buy price if the support holds and confirm with other indicators like stochastics, MACD,and RSI.
Although I hope the day will never come as we are holding Gen already.
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yep... I still got 20lots at high price le.... sien.... headache... migrane
Gaecia ( Date: 15-Nov-2010 15:57) Posted:
BT always sets his stop limit whenever his order's filled, that's for sure. but we don't practise it much huh
spiderman_er ( Date: 15-Nov-2010 15:54) Posted:
Nope , nobody is too rich to care about stop loss. Capital protection is important.
Anyway, I will watch closely 2.07-2.08, as that will be my buy price if the support holds and confirm with other indicators like stochastics, MACD,and RSI.
Although I hope the day will never come as we are holding Gen already.
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Sell down again.
prOfIt takIng in ASEAN except KL & Philippines ?
| Stock |
Previous |
Last |
$Chng |
%Chng |
Day Hi |
Day Lo |
| STRAITS TIME IDX |
3252.00 |
3240.20 |
-11.800 |
-0.4 |
3255.09 |
3230.60 |
| MSCI SG FREE IDX |
368.40 |
0.00 |
0.000 |
0.0 |
0.00 |
0.00 |
| HANG SENG INDEX |
24222.58 |
24086.54 |
-136.040 |
-0.6 |
24382.14 |
24039.88 |
| MSCI HK IDX |
11840.53 |
0.00 |
0.000 |
0.0 |
0.00 |
0.00 |
| FTSE BURSA KLCI |
1499.81 |
1502.77 |
+2.960 |
+0.2 |
1503.56 |
1497.04 |
| PSEi |
4076.68 |
4139.32 |
+62.640 |
+1.5 |
4141.44 |
4062.15 |
| IDX COMPOSITE |
3665.846 |
3653.491 |
-12.355 |
-0.3 |
3674.568 |
3633.149 |
| THAILAND SET |
1018.86 |
1012.51 |
-6.350 |
-0.6 |
1016.98 |
1009.12 |
| ALL ORDINARIES |
4778.753 |
4773.300 |
-5.453 |
-0.1 |
4797.300 |
4767.200 |
| DJ INDU AVERAGE |
11283.10 |
11192.58 |
-90.520 |
-0.8 |
11283.70 |
11143.84 |
| KOSPI |
1913.12 |
1913.81 |
+0.690 |
0.0 |
1925.43 |
1900.25 |
| NASDAQ COMPOSITE |
2518.21 |
0.00 |
0.000 |
0.0 |
0.00 |
0.00 |
| NASDAQ 100 |
2137.95 |
0.00 |
0.000 |
0.0 |
0.00 |
0.00 |
| NIKKEI 225 INDEX |
9724.81 |
9827.51 |
+102.700 |
+1.1 |
9830.59 |
9744.99 |
| S&P 500 INDEX |
1213.54 |
1199.21 |
-14.330 |
-1.2 |
1213.47 |
1194.29 |
| XETRA DAX PF |
6734.61 |
0.00 |
0.000 |
0.0 |
0.00 |
0.00 |
| SSE COMPOSITE |
2985.43500 |
3014.41330 |
+28.978 |
+1.0 |
3016.13090 |
2939.68020 |
| FTSE 100 INDEX |
5815.23 |
5796.87 |
-18.360 |
-0.3 |
5831.81 |
5711.73 |
| SZSE COMP IDX |
1296.954 |
1327.989 |
+31.035 |
+2.4 |
1327.989 |
1290.297 |
BT always sets his stop limit whenever his order's filled, that's for sure. but we don't practise it much huh
spiderman_er ( Date: 15-Nov-2010 15:54) Posted:
Nope , nobody is too rich to care about stop loss. Capital protection is important.
Anyway, I will watch closely 2.07-2.08, as that will be my buy price if the support holds and confirm with other indicators like stochastics, MACD,and RSI.
Although I hope the day will never come as we are holding Gen already.
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Nope , nobody is too rich to care about stop loss. Capital protection is important.
Anyway, I will watch closely 2.07-2.08, as that will be my buy price if the support holds and confirm with other indicators like stochastics, MACD,and RSI.
Although I hope the day will never come as we are holding Gen already.
Thanks, i shall wait and see ...
cannotfind ( Date: 15-Nov-2010 15:52) Posted:
nope... 2.07
funtrading ( Date: 15-Nov-2010 15:50) Posted:
| Genting SP has dropped till 2.11, is it a good time to enter ? |
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Cannotfind, itz reali raining... think i hav to look away frm gsp, it'll make a comeback.
On Gar, pple who shorted last fri will be given how many days to cover? maybe i can only wait till after wed ph to close it liao..
