
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:
|
use cfd everything  becomes much smaller .....
eastcivic ( Date: 29-Jun-2011 17:45) 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:
|
ha ha.... i meant the net balance is always positive mah....
icetomato ( Date: 29-Jun-2011 17:44) 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 :P
iPunter ( Date: 29-Jun-2011 17:43) Posted:
|
Have leh........ U got selective memory or selective reading? Haha
eplepl ( Date: 29-Jun-2011 17:38) Posted:
|
No point to play small...
    If one plays too small, it is hard to earn
          enough even for the commission.
          This is another reason why newbies
                        should be playing only one stock...

eplepl ( Date: 29-Jun-2011 17:38) Posted:
|
cash for stx..
cfd for the others
eplepl ( Date: 29-Jun-2011 17:14) Posted:
|
ha ha.... where got so small..... but u are juicy..... never hear you lose money .....
icetomato ( Date: 29-Jun-2011 17:30) Posted:
|
EC,
juicy is sharing some valuable inside..... what is your tp to buy and sell for genting sp and cosco?
eastcivic ( Date: 29-Jun-2011 17:15) Posted:
|
Nope. It's not a matter of playing big or small,
    since big or small is only a realtive idea.
        More importantly, trading skill does not
              come overnight to anyone. For newbies,
                    just like jugglers, they must learn to juggle
                          with two balls before they can handle 10.
                                  Only when one can profit with one stock
                                          should one even think of playing with more.
                          But of course if newbies want to make a
                                                        lot of money, they can play many stocks... 

And pay less tuition fee
rotijai ( Date: 29-Jun-2011 17:25) Posted:
|
Ya. I very small. Quail eggs all.
rotijai ( Date: 29-Jun-2011 17:25) Posted:
|
actually it's rather stupid.. i set it wrongly..
if not i am earning now :(
but it's ok.. hopefully cosco n gsp are good enough
icetomato ( Date: 29-Jun-2011 17:22) Posted:
|
i think wat master ipunter is trying to stress is tat.. newbie traders  should always start small...
iPunter ( Date: 29-Jun-2011 17:20) Posted:
|
yup yes,  I know!
You're referring to moi, the greenhorn who cannot focus!

iPunter ( Date: 29-Jun-2011 17:20) Posted:
|
Wah. Lucky ar! Stop loss but didn't lose!
rotijai ( Date: 29-Jun-2011 17:11) Posted:
|
For newbie traders, it is advisable to play only
  one or at most two stocks, ideally just one stock.
      In this way, trading skill will be improved in time.
              But of course those who want to make a lot of
                  money can play many counters...

haha.. what.. I said I slowly collect mah. Hmm. I also don't know what is the best price to buy... just buy a bit here and there. Amount that I can manage to juggle through some fluctuations till the cow comes home.
but of course not anyhow whack any high high price lah... given the current situation.
rotijai ( Date: 29-Jun-2011 17:05) Posted:
|
ok i was also thinking of adding noble and genting to my baskets :D
icetomato ( Date: 29-Jun-2011 17:01) Posted:
|