Latest Forum Topics / Sapphire Last:0.05 +0.002 | Post Reply |
chipchip66-need your advice
|
|||
Hulumas
Supreme |
24-Nov-2010 14:12
Yells: "INVEST but not TRADE please!" |
||
x 0
x 0 Alert Admin |
Almost four years, it does not move from Sgd. 0.01 and 0.015 range. What is wrong with it?
|
||
Useful To Me Not Useful To Me | |||
sohguanh
Veteran |
18-Jan-2007 13:03
|
||
x 0
x 0 Alert Admin |
I am self trained hahhahahah the sgh way!!!! Of cuz for FA and TA analysis I read up on Internet, this forum and books. But in reality, besides all these I think you need to brush up on trend spotting and understand the contra players tactics. These players can buy in 1000 lots and deprive real investors a chance to buy the share. Then no more sellers already they then jack up share price so if you impatient you buy in at THEIR share price and that is when they make profits. Without cash, once 3 days up contra players need to let go else need to pay up. So by imagining yourself as a contra player, you can then better to beat them at their games. A saying is zhi ji zhi pi, bai zhan bai sheng!!!! |
||
Useful To Me Not Useful To Me | |||
|
|||
njpang
Member |
18-Jan-2007 12:46
|
||
x 0
x 0 Alert Admin |
tks chipchip66 and sohguanh for your advice. I guess I've alot more to learn b4 i can make profit in trading :( btw is there any course i can attend to beef up my knowledge about trading? you people seems to know alot. |
||
Useful To Me Not Useful To Me | |||
sohguanh
Veteran |
18-Jan-2007 11:26
|
||
x 0
x 0 Alert Admin |
njpang teach you a trick. Before you queue and buy you must see the volume traded FIRST. If there are transactions of ppl buying in 1000 lots or 500 lots or more, most likely these are contra players. So you take note which day they buy in the shares. Then roughly about 2 days later if price no move much those contra players to prevent lose money will LL need to sell out. Take a look at the trend and queue below the pricing of those 1000 lots and more transaction 2 days ago. Once they let go and you already queue behind 0.05 cents lower you should be able to get it. Look at all those < 10 cents share playing pattern. A few days of frenzied buying and then drop price and then frenzied buying again. Trend spotting is needed for these < 10 cents share. |
||
Useful To Me Not Useful To Me | |||
chipchip66
Master |
18-Jan-2007 11:06
|
||
x 0
x 0 Alert Admin |
Hi njpang, looks like u are a newbie to shares. There r few ways to trade depending on your risk appetite. U need to lose $$$ 1st b4 learning which strategy suits you. Sorry to pour cold water but this is how i learnt. Is this your 1st tradw? Just wondering. To cut short, buying shares always look at Technical, Fundamental or Speculative perspectives. TA wise, i dont know. FA wise, you can look at PE, NAV, Balance sheet, cash flow etc. Speculative is when vol is huge and people buy in anticipation of good results, takeover.... Hope i answer yr doubts? | ||
Useful To Me Not Useful To Me | |||
|
|||
njpang
Member |
18-Jan-2007 10:54
|
||
x 0
x 0 Alert Admin |
What happen if BBR and yongnam don't move up? what will happen to sapphire? will it drop to 0.01 again? Also, does your reply means to say i should instead bet on BBR and yongnam? :) Thanks in advance for your advice. |
||
Useful To Me Not Useful To Me |