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rosewood
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08-Aug-2013 08:16
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Cont'l...
But aft thinking back win better then lost also no one can predict d mkt unless d operator for Tis counter. I do always missed d boat too, last time I chase ended got burn, now I rather look into another opportunity instead of causing burn. No bet no lose. We are all on learning stage and hoping to understand n handle well in d stock mkt. really thanks for all bros n sista here to share their view n thought. Especially d info giving by bro ace333 n bro SC were really good.
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JarolLo
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08-Aug-2013 08:10
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One thing I noticed through my observation past two days, Rex usually came down quite several bits before it start taking off. I'll deploy some lots next Monday after it came down, just to confirm my observation.
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rosewood
Member |
08-Aug-2013 08:07
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Wat u said was really true, it also fr your passed experience.
For me the same if I hv no time for mkt I rather give it a miss, same go to Rex I bot at 0.59 sold at 0.63 which consider nice profit for this kind of market for a penny, but didnt know is a wild n crazy horse seeing price keep running all d way up I was once very angry with myself why don't I jus hold it. But l
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JarolLo
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08-Aug-2013 08:06
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Sis, this is very common lah. It happen to most of us. I missed several chiong though monitoring every day. But it's ok cos at least I now learned that we've to deploy some lots first if you think potentially this counter will chiong. Yesterday I deployed 50 lots at 144 when I see the buying and selling queue start moving,especially some big lots are bought up, probably BB are accumulating. Looking at the market depth, 147 has a big wall, so I know I've to draw out at 146 at most, and also usually the last trading hour, especially in the last working day, is profit taking time. So I decided to disposed off all lots at 146 by 4.25pm. Lucky I catch the timing correctly. It went down again at about 4.40pm. Ended up earned only small coffee $$ but confirmed my strategy is right. I'm happy enough.
I didn't go on for Freightlink cos I don't want to diverse my attention. Missing boat is ok, boats comes in almost everyday, just have to catch the right one will do.
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h0ly0wl
Senior |
08-Aug-2013 02:35
Yells: "Huat Big Big!" |
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well said.
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Stockcham
Elite |
08-Aug-2013 02:00
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Let me share one of the  example on why people get caught on high price. Take for example Ah Beng want to buy 100 lots of Counter A priced at 0.10. He monitor this counter. Wa seh, looks like got support leh. Wa lao eh, got buyers keep coming in when someone throw  down. But cannot buy first because there is big sell queue there. Wait first, kua ho sei seng. See a while sell queue gone and jump 1 pip. Aiyo, don't know whether is it a trap or not. Better see properly because the sell queue also high. Ko kua jit eh...Oop! Jump 1 pip again. Wa lan eh, this  sell queue even bigger. Looks likes moving. Nevermind, wait till it starts eating the sell queue lim pei will chiong in. Oh1 Oh!, start to eat sell queue liao. Quickly keyed in buy orders. Oop!,  sell queue ko bo ki liao...jump  another pip  and now on queue. Quickly withdraw on queue order and keyed in to buy at the next sell queue.  Whew! Ni na ma eh,  finally get it liao.  Si beh  song!  Lim pei eh target is to  make $1k. What's the problem with the above exmaple?. 1) See support and constant buying coming  in but don't dare to buy! Indecisive and  end up buy 4 pips higher. 2) Buy only 100 lots want to make $1k. To cover commission, the counter has to move 11 pips. So 4 pips + 11 pips = 15 pips. How many counters move 15 pips?. This is worst if the counter already chiong a few pips, and then you starts the above monitoring and buy process. |
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novice_trader
Elite |
08-Aug-2013 01:21
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Aiyo last TOTO 5mil I buy $200 quick pick ordinary.... All kana eat... Not even 1 can 3+1 or 4 numbers correct. Think even harder than stock market. Lol.... Hahahaha... Huat Ah bros and sis!!!
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darkqwe
Member |
08-Aug-2013 00:53
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my 2 cents :P Trading is not about profits gain when you enter a trade but rather minimizing loss, once you are able to do that your loss will eventually turn into profits. sounds confusing I know lol ! If you missed a boat, its ok dont dwell too long on it the time you used to keep dwelling about it might makes you missed another boat. Iam sure if you just missed a cab you dont stand there and cry about it but grab onto the next cab that comes your way, Same theory applies :D in short MOVE ON to the next upcoming counter. Theres a saying " missed profits is always better than a loss" . So many " if only I jeep" , " If only I short" if only we know many bros here already millionaire liao :P |
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Gold916
Veteran |
08-Aug-2013 00:23
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Juz my tots
The calls were great..just that I Bo skills to catch the right price..only vest some that not so gan chiong one..lesser heart attack..I'm a gal with no guts..lolx Hopefully I can master my skills one day. Now just wana learn more :)
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warrenbegger
Elite |
08-Aug-2013 00:07
Yells: "Anyhow Buy Anyhow Die ^_^" |
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LOL :)
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rosewood
Member |
08-Aug-2013 00:06
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Well said sis gold916. ^^
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warrenbegger
Elite |
08-Aug-2013 00:01
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Good advise :)
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Gold916
Veteran |
07-Aug-2013 23:39
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Sorry to all
I have been posting md...n I guess some might hv used it as a guide to chiong...actually even though I hv md...most of the counters I didn't go in...inno too fast up n down..I dare not,Rex also very fast,I didn't...freight I see it at 134...but I didn't...moneymax I also see...but I didn't...I'm just monitoring it...i had over the aiya,i missed it feeling cos had miss it too many times..n I noticed even if it has big q like cna,it doesn't mean it will move or today,tml..or move to that price u see...it's more like learning how to see...so didn't vest it...I have been viewing recently n ppl might tot I had vested...actually not really. Hope that one don't only view md n vest in...cos beside md,I go study the chart n etc...then play my own without money nia..just testing on myself One bro tot I vest in union..yup..I vested...but on myself nia..I won but no money one. Seriously I have been learning a lot fr Sifus here...just that I didn't vest..so didn't really win.but at here..I learnt the most impt thing is dont Gan chiong..no need to chiong...need to b careful...wat go up fast,might come down fast too..when u r looking at how much u can earn..need to look at how much u might lose too...also I think for inexperienced like us,better dont play too many counters...very hard to monitor n stress too.. Bro sc taught us..if cannot win,then learn to lose lesser...need to know when to let go too...cut losses..it's not easy though..also although some had told us which counter is gd but also need to do abit homework..their gd might not b the price u see too.. Mayb they see 0.1 is gd but u see 0.15 is good???the expert know when to cut off but newbie might not know wor.. those experienced ones had used so much to learn their lesson,we shd b happy to have them here with us n really listen hard...cannot let money cover ur eyes n chiong blindly..there is no heart pain..rather miss it than lose it...also how can we just chiong blindly just bcos the price keep moving?? |
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Stockcham
Elite |
07-Aug-2013 23:27
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Losing money is the best  way to learn. How many experience traders never lose big money before?. But after lose money must know why you lose.If lose money still don't know why, then your losses is not worthwhile. Better be guai guai person just concentrate on your job. Play contra at times must be hiong. Hiong doesn't mean hoot big big. Hiong means you see a counter can move, move in. Don't wait until it chiong then chase like hell and end up buy at high price. Huat ah! |
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novice_trader
Elite |
07-Aug-2013 23:11
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If the boat move from the harbour, no point use speedboat to chase the boat... Who knows after u board it and its a pirate boat!!! Kana trap... Have to jump ship and feed the sharks in the ocean.
Sorry I'm very experienced in this situation.... Hurt to see that we have missed the boat, like today is Rex and Moneymax, but if u chase it and kana trap then it's hurt X 2... Just have to wait for the next boat ride... Mean time just go fishing while waiting... Bro Librajet, those NTUC club jackpot machine can play? Will make $$$??? Tml holiday, feel like trying.... Hehehehe....💰 💰 💰
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Gold916
Veteran |
07-Aug-2013 23:00
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No wonder seldom see u here these days...agreed...if missed it...just let it go...cannot chase it...too risky
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Gold916
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07-Aug-2013 22:57
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Oh tml got toto hor...totally forgot tml is thurs...keep thinking today is fri
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librajet
Elite |
07-Aug-2013 22:51
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Honestly, take a good look at all the postings in this forum for the last 3 days, Cheong ... Aiya I miss ... Etc . How many got stuck and lost??? It's a short week with 2 days vacant, those stuck in peace now? Sigh, enjoy yr holiday.
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joseeng
Master |
07-Aug-2013 22:49
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Bro, I very guai hor, no position over the long weekend, only have 1 position for tmrw $1.6m toto....haha....wanna have a peaceful holiday.....huat ar!
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sjZheng
Senior |
07-Aug-2013 22:42
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Never think of making many money in one day. It only happens in your dreams. And those penny counter got BBs control one, if you go in late or come out slow you will get burn. I also nb le, I see alot of future money fly I also heart pain but if lost big big I more heart pain. | ||||
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