Genting Sing    Last:0.725    +0.005

Traders Lounge - Daily opportunities for everyone

Eaten after 5.18 pm....

icetomato      ( Date: 29-Jun-2011 20:30) Posted: You never go eat dinner? Go eat omi-gyu! iPunter      ( Date: 29-Jun-2011 20:24) Posted: Strictly speaking, if you have been around     in this forum, you are not a newbie.           In any case, it is not only newbies                 who lose money in stocks...

 

You never go eat dinner? Go eat omi-gyu!

iPunter      ( Date: 29-Jun-2011 20:24) Posted: Strictly speaking, if you have been around     in this forum, you are not a newbie.           In any case, it is not only newbies                 who lose money in stocks... rotijai      ( Date: 29-Jun-2011 19:53) Posted: hm.. shrugs.. i am the noob who still plays CFD.. hopefully i dont get wiped out.

 

Strictly speaking, if you have been around

    in this forum, you are not a newbie.

          In any case, it is not only newbies

                who lose money in stocks...

rotijai      ( Date: 29-Jun-2011 19:53) Posted: hm.. shrugs.. i am the noob who still plays CFD.. hopefully i dont get wiped out.. iPunter      ( Date: 29-Jun-2011 19:49) Posted: Sifu is right...   Newbies should never play CFD at all.     CFD is only for seasoned and experienced           traders who have mastered the intricacies                 of stock trading and chart reading...

 

hm.. shrugs.. i am the noob who still plays CFD..

hopefully i dont get wiped out..

iPunter      ( Date: 29-Jun-2011 19:49) Posted: Sifu is right...   Newbies should never play CFD at all.     CFD is only for seasoned and experienced           traders who have mastered the intricacies                 of stock trading and chart reading...     Citigold      ( Date: 29-Jun-2011 19:44) Posted: I don't encourage amateur to play using CFD  .If going for long , use cash acc will do.

 

Sifu is right...

  Newbies should never play CFD at all.

    CFD is only for seasoned and experienced

          traders who have mastered the intricacies

                of stock trading and chart reading...    

Citigold      ( Date: 29-Jun-2011 19:44) Posted: I don't encourage amateur to play using CFD  .If going for long , use cash acc will do. eplepl      ( Date: 29-Jun-2011 19:12) Posted: gaecia newbie meh.... Yishun, I would advice u CFD..... and since u are so young..... keep a long term approach.   genting sp keep for two years....   if you are an old man.... go for SPH, SIA - super stable dividend

 

Ya. The leverage. Lure 'em in and wipe 'em out.

iPunter      ( Date: 29-Jun-2011 19:31) Posted: With CFD, newbies will be even more daring.     Somewhat similar to newbies playing warrants.         They don't realise the leverage can finish them                 in little time... icetomato      ( Date: 29-Jun-2011 19:18) Posted: CFD where got long term approach 2yrs??? Don't play play arh.

 

I don't encourage amateur to play using CFD  .If going for long , use cash acc will do.

eplepl      ( Date: 29-Jun-2011 19:12) Posted: gaecia newbie meh.... Yishun, I would advice u CFD..... and since u are so young..... keep a long term approach.   genting sp keep for two years....   if you are an old man.... go for SPH, SIA - super stable dividend. Gaecia      ( Date: 29-Jun-2011 18:12) Posted: yishun,  i'm  very newbie to advise you...  but hor if i were you  I will  ask myself this 'What is  there left to buy when the entire market has already ran up for qtr close window dressing? Not scared the mkt undress huh,  are you  mentally prepared for it?' If you lose $500, that's already 10% of  your portfolio and its real easy to lose a few hundred bucks on a single  trade.

 

It is not that simple...

  When a newbie loses money, he/she

          will invariably be " mm kam guan" with

                  the stock market. Then he'she will try

                        and win back th elost money.

                                  This is precisely also the reaon

                                          why people do averaging down...

rotijai      ( Date: 29-Jun-2011 19:34) Posted: i would say.. use $500-$1000 to play cfd, keep the $4k after u lose the $, think again whether u wanna continue :P iPunter      ( Date: 29-Jun-2011 19:31) Posted: With CFD, newbies will be even more daring.     Somewhat similar to newbies playing warrants.         They don't realise the leverage can finish them                 in little time...

 

i would say.. use $500-$1000 to play cfd, keep the $4k

after u lose the $, think again whether u wanna continue :P

iPunter      ( Date: 29-Jun-2011 19:31) Posted: With CFD, newbies will be even more daring.     Somewhat similar to newbies playing warrants.         They don't realise the leverage can finish them                 in little time... icetomato      ( Date: 29-Jun-2011 19:18) Posted: CFD where got long term approach 2yrs??? Don't play play arh.

 

With CFD, newbies will be even more daring.

    Somewhat similar to newbies playing warrants.

        They don't realise the leverage can finish them

                in little time...

icetomato      ( Date: 29-Jun-2011 19:18) Posted: CFD where got long term approach 2yrs??? Don't play play arh. eplepl      ( Date: 29-Jun-2011 19:12) Posted: gaecia newbie meh.... Yishun, I would advice u CFD..... and since u are so young..... keep a long term approach.   genting sp keep for two years....   if you are an old man.... go for SPH, SIA - super stable dividend

 

once the greek vote doesnt pass.. all market will drop at least 3%

eastcivic      ( Date: 29-Jun-2011 17:47) Posted: cosco i was thinking of buying after breaking out of 1.97. and maybe sell at 2.40? genting i not sure yet as i have missed the original entry point of 1.90-1.91..... will go back and study again eplepl      ( Date: 29-Jun-2011 17:34) Posted: EC, juicy is sharing some valuable inside..... what is your tp to buy and sell for genting sp and cosco

 

CFD where got long term approach 2yrs??? Don't play play arh.

eplepl      ( Date: 29-Jun-2011 19:12) Posted: gaecia newbie meh.... Yishun, I would advice u CFD..... and since u are so young..... keep a long term approach.   genting sp keep for two years....   if you are an old man.... go for SPH, SIA - super stable dividend. Gaecia      ( Date: 29-Jun-2011 18:12) Posted: yishun,  i'm  very newbie to advise you...  but hor if i were you  I will  ask myself this 'What is  there left to buy when the entire market has already ran up for qtr close window dressing? Not scared the mkt undress huh,  are you  mentally prepared for it?' If you lose $500, that's already 10% of  your portfolio and its real easy to lose a few hundred bucks on a single  trade.

 

wow..... cosco so high.....

 

1.96 seems okay to start the target ?

eastcivic      ( Date: 29-Jun-2011 17:47) Posted: cosco i was thinking of buying after breaking out of 1.97. and maybe sell at 2.40? genting i not sure yet as i have missed the original entry point of 1.90-1.91..... will go back and study again eplepl      ( Date: 29-Jun-2011 17:34) Posted: EC, juicy is sharing some valuable inside..... what is your tp to buy and sell for genting sp and cosco

 

ya honda civic can be 1.6 / 1.8 / 2.0 litres  mah....

 

eastcivic      ( Date: 29-Jun-2011 17:52) Posted: ya therefore small or big is subjective :P iPunter      ( Date: 29-Jun-2011 17:50) Posted: Your position size should be determined only by     how much you can afford to lose per trade.       And also how much you can afford to lose if                 you blow your whole account in time...

 

gaecia newbie meh....

Yishun, I would advice u CFD..... and since u are so young..... keep a long term approach.

 

genting sp keep for two years....

 

if you are an old man.... go for SPH, SIA - super stable dividend.

Gaecia      ( Date: 29-Jun-2011 18:12) Posted: yishun,  i'm  very newbie to advise you...  but hor if i were you  I will  ask myself this 'What is  there left to buy when the entire market has already ran up for qtr close window dressing? Not scared the mkt undress huh,  are you  mentally prepared for it?' If you lose $500, that's already 10% of  your portfolio and its real easy to lose a few hundred bucks on a single  trade.   yishun11      ( Date: 29-Jun-2011 17:52) Posted: hi just want to ask some question. My buy limit 5000 only. as i m young investor using ocbc sec. I would like to ask you opinion if you have only 5000 buying limit. what kind of stock you will go for? in terms of price, volume,....your advice will be greatly appreciated...  thanks

 

First of all, stock playing is a commitment to risk.

    If your $5000 is set aside for long-term

          investment, which means to say come what

              may, you will not need to use it for expenses,

                  you can think of buying 5 lots of a stock prices @ 1.00.

                        As many good stocks have already fallen quite a lot,

                                you are at least assured that you will not be buying

                                      at very high prices. But no one can tell whether the

                                              market will go down some more at a later stage.

                                                      All in all, stock playing is about taking risks.

                                                              Learning some chart techniques will be useful...

 

yishun,  i'm  very newbie to advise you...  but hor if i were you  I will  ask myself this

'What is  there left to buy when the entire market has already ran up for qtr close window dressing? Not scared the mkt undress huh,  are you  mentally prepared for it?'

If you lose $500, that's already 10% of  your portfolio and its real easy to lose a few hundred bucks on a single  trade.

 

yishun11      ( Date: 29-Jun-2011 17:52) Posted: hi just want to ask some question. My buy limit 5000 only. as i m young investor using ocbc sec. I would like to ask you opinion if you have only 5000 buying limit. what kind of stock you will go for? in terms of price, volume,....your advice will be greatly appreciated...  thanks

 

Pennystocks? But I'm not sure which to recc. I only traded Gar and Sunvic before. Hmmm or... Go for Unit Trusts?

yishun11      ( Date: 29-Jun-2011 17:52) Posted: hi just want to ask some question. My buy limit 5000 only. as i m young investor using ocbc sec. I would like to ask you opinion if you have only 5000 buying limit. what kind of stock you will go for? in terms of price, volume,....your advice will be greatly appreciated...  thanks

 

hi just want to ask some question. My buy limit 5000 only. as i m young investor using ocbc sec. I would like to ask you opinion if you have only 5000 buying limit. what kind of stock you will go for? in terms of price, volume,....your advice will be greatly appreciated... 

thanks

 

ya therefore small or big is subjective :P

iPunter      ( Date: 29-Jun-2011 17:50) Posted: Your position size should be determined only by     how much you can afford to lose per trade.       And also how much you can afford to lose if                 you blow your whole account in time...  eastcivic      ( Date: 29-Jun-2011 17:45) Posted: how small is small and how big is big? to some 10 lots of  cosco at $2 is big but to others 10 lots of sembcorp at $5 is small :