| Latest Forum Topics / Genting Sing Last:0.765 -- |
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GenSp starts to move up again
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rotijai
Supreme |
31-Aug-2012 16:31
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whether this stock is going up or down.. i have no comments and no position either. today is the last day of the month. u go see every month end.. the vol is big or not every professional trader will tidy up his portfolio every month end.. this is common sense in trading if u still dunno about this, i suggest u spend more time reading/looking first
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cashiertan
Elite |
31-Aug-2012 16:25
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he is correct. there is big volume in 1st one hour with most of the deals done at 1.36 and 2 more few hours later 1.35. i think they expecting the price to go north on monday. possble to go up to 1.4 before go down again.
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Bopanha
Master |
31-Aug-2012 16:21
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Brokerage commissions are devised in such a way, yes..the higher the value transacted the higher the rates. So it is advisable to look at this area. Recently when my trade made gross 3 cents, I only get less than $250 for 20 lots. That mean out of gross profit of $600, your brokerage makes more than you. It is a very difficult game to play. Short sellers usually borrow stocks to short, so the time to cover is not so tight. Long buyers must look for money to pick up the stocks so there is some difference in advantage here, see? |
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rotijai
Supreme |
31-Aug-2012 16:18
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short sellers using cfd can hold for years.. just need to pay interest
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Tomique
Master |
31-Aug-2012 16:14
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Short sellers must cover within the same day, right? If so in a non volatile market they can't make much. Our commissions are too high and it goes up in scale of transaction instead of coming down.
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Bopanha
Master |
31-Aug-2012 16:08
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Not referring to shortists. They can't lose much but can mostly make money, yes. | ||||
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Bopanha
Master |
31-Aug-2012 15:55
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In fact if we are talking about day traders and those trading in and outs, I think all could be losing some or more. Those who choose to keep long term may make something, but clearly not a fortune in today's environment and that is provided they don't involve too many counters since losses in one stock can offset profits from many. People who claim to make fortunes from stock markets are not really telling the truth. Before technology are used yes, but not after technology (things like computers, program trading, auto-pilot trading) and computer programs proliferated the trading platforms. Conclusion is, the institutions are the ones that are making the money and not the individuals.
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iak999
Member |
31-Aug-2012 15:36
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15 mil buy at the open. see it for yourself. http://www.screencast.com/t/aMOwxAT90y |
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iPunter
Supreme |
31-Aug-2012 14:53
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Yes, it is extremely common... In fact I would say nine out of ten stock players lose money. But in a runaway bull market, ten out of ten make money, ie everybody makes money... But nine out of ten will lose it all back in time... lol... 
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skk888
Veteran |
31-Aug-2012 14:46
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Hah I disagree that stock market is not your best friend. I think it's a good way to grow your money, but with risks. Remember high risk high return.
The forum, people the forum, remisier may not be your "best friends" though. To make money, we need to look at a lot of aspects of a counter. If you plan to buy today and earn a few days later, you are speculating and betting on it. Invest within your financial abilities, look carefully into the profit abilities of the companies would reduce your risks. Also give yourself a time target for you to reach the target you want. You can reference what people says, but you should eventually make your own decision. People who take this as a gamble will end the game early.
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edchai
Senior |
31-Aug-2012 14:46
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old dogs also losing money .... very common. | ||||
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iPunter
Supreme |
31-Aug-2012 14:39
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Stock newbies are usually poor things (pitiful) when they lose their hard-earned savings... They ase usually very gian-gian to make a lot of money, so they are prone to trust respectable forum members whom they believe. But it is best if newbies can treat the stock market purely as betting, and not a trust-worthy way to grow one's money. They must remind themselves why brokers all show them a risk disclosure when they start to play. Newbies must realise that the stock market is not your friend - it is a very risky place. And no one will care a bit when you lose all your money... But betting (just like in a casino) is okay, as long as long as you do it with eyes open...
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rotijai
Supreme |
31-Aug-2012 14:22
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u don even know wat day is today.. so dont anyhow make claims pls :) if u are new to the market, welcome ur opinions but dont mislead other newbs :)
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iak999
Member |
31-Aug-2012 12:46
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there was a 15mil buy at market open. | ||||
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heavenknow
Member |
31-Aug-2012 11:30
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Totally agreed...they will surely be bullish people who see the reward vs risk in their favor and bet on the unlikely event of ben setting timeline for QE3 + ECB bond buying action. In the rule of chance, its either ben announce or dun announce. 50% chance...haha!
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loserloser
Member |
31-Aug-2012 10:57
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London bridge is falling down, falling down, falling down. Genting!!! Down down down!!!
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dicksonh
Veteran |
31-Aug-2012 10:00
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Up up up up !!! | ||||
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loserloser
Member |
31-Aug-2012 09:48
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I sure it will fall till 1.31. Just how long, I predict ard 1~2 weeks time.
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wesely2k
Veteran |
31-Aug-2012 09:46
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Still strongly waiting to hit TP: $1.31...........down, down, down........!Heeeeeeeee | ||||
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loserloser
Member |
31-Aug-2012 09:40
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I still dun think it will last. will fall back to 1.34 by end of the day.
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