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GenSp starts to move up again Post Reply Rate topic
rutheone1905 Veteran	17-Aug-2012 09:32        rutheone1905 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	usually for me the stop loss will be 5% max.   n i never remove stop loss if the price starts to approach the trigger point.   i noe many ppl will just keep adjusting so tat the trigger point wont touch hoping the trend will change. tat bad....cheers Greenbean      ( Date: 17-Aug-2012 09:17) Posted: Sifu, Case Study:  If yesterday one has entered GSp at 1.345 closing price for bet on rebound, what would be your planned Stop Loss according to Tight Cut Loss strategy? My plan would be Tight Cut Loss 1.325, Normal Cut Loss 1.265. iPunter      ( Date: 16-Aug-2012 10:59) Posted: First of all, it is senseless to set a stop-loss arbitrarily.   Stop-loss is a highly personal thing and no two persons should do the same thing.     For example, different persons may set the stop-loss at -1%, -10%, -50%, -100%, -200%... etc.             It really depends on why one enters a trade in the first place...
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Greenbean Senior	17-Aug-2012 09:17        Greenbean About Contact  Quote this Post!   Mood: Yells: "Live green. Let it be GREEN."
x 0   x 0  Alert Admin	Sifu, Case Study:  If yesterday one has entered GSp at 1.345 closing price for bet on rebound, what would be your planned Stop Loss according to Tight Cut Loss strategy? My plan would be Tight Cut Loss 1.325, Normal Cut Loss 1.265. iPunter      ( Date: 16-Aug-2012 10:59) Posted: First of all, it is senseless to set a stop-loss arbitrarily.   Stop-loss is a highly personal thing and no two persons should do the same thing.     For example, different persons may set the stop-loss at -1%, -10%, -50%, -100%, -200%... etc.             It really depends on why one enters a trade in the first place... Greenbean      ( Date: 16-Aug-2012 10:34) Posted: Can share your Success Rate using Tight Cut Loss? May help Newbies not to lose their hard earned  thousands. Thanks.
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JustinQuek Veteran	16-Aug-2012 20:46        JustinQuek About Contact  Quote this Post!
x 0   x 0  Alert Admin	U followed the wrong advice.Tomorrow will be the greenest day for the week. xing78      ( Date: 16-Aug-2012 20:12) Posted: yes sir, i follow your advice and shorted 3 counters... sembcorp, kepcorp yesterday and glp today... still have 70percent in cash though... good luck :p Sgshares      ( Date: 16-Aug-2012 15:29) Posted: major correction next week? then better sell off and prepare to go short
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xing78 Elite	16-Aug-2012 20:12        xing78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes sir, i follow your advice and shorted 3 counters... sembcorp, kepcorp yesterday and glp today... still have 70percent in cash though... good luck :p Sgshares      ( Date: 16-Aug-2012 15:29) Posted: major correction next week? then better sell off and prepare to go short risktaker      ( Date: 16-Aug-2012 15:14) Posted: 1.40 is history ..... Any rebound will be cap at 1.40 ..... A major correction across the money ..... Is about to hit ...... Don't believe ? Wait till u see next week...
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rotijai Supreme	16-Aug-2012 18:20        rotijai About Contact  Quote this Post!
x 0   x 0  Alert Admin	double bottom is just a pattern... dont buy or sell by following a TA pattern blindly... and if u really follow the double bottom definition by hard... it is not even completely  formed yet.. :) according to die-hard double bottom definition, it can only be confirmed after the reversal occured and formed a " w" pattern :) there's another more valid explaination on the reversal/bounce (whatever we wanna  call it  cause we cant confirm until it's been unfolded) rotijai      ( Date: 16-Aug-2012 18:13) Posted: i am saying.. let's say we dont wat happens after 26 July.. u look at the candles on and before 26th July... by using ur earlier ideology, wat will u conclude? again i am not saying u should buy or sell or short.. i am just pointing out the validity of ur ideology.. and i hope u can understand the technicals.. instead of just memorizing them by hard like u memorize all the theories (without real understanding) before exams :) oldflyingfox      ( Date: 16-Aug-2012 18:08) Posted: The big fall on 26 July is really bad. However, following a big jump on 30 July, seem the market think that it has hit the bottom. And this was confirmed on 14 Aug (2 days after the poor result reported), it started to rebound from there. (I think I saw a double bottom formed and the wost may be over for short term
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rotijai Supreme	16-Aug-2012 18:13        rotijai About Contact  Quote this Post!
x 0   x 0  Alert Admin	i am saying.. let's say we dont wat happens after 26 July.. u look at the candles on and before 26th July... by using ur earlier ideology, wat will u conclude? again i am not saying u should buy or sell or short.. i am just pointing out the validity of ur ideology.. and i hope u can understand the technicals.. instead of just memorizing them by hard like u memorize all the theories (without real understanding) before exams :) oldflyingfox      ( Date: 16-Aug-2012 18:08) Posted: The big fall on 26 July is really bad. However, following a big jump on 30 July, seem the market think that it has hit the bottom. And this was confirmed on 14 Aug (2 days after the poor result reported), it started to rebound from there. (I think I saw a double bottom formed and the wost may be over for short term) rotijai      ( Date: 16-Aug-2012 17:52) Posted: ok, it's good that you attempt to explain. think again, using ur ideology. what will u conclude on that black candle on 26 July
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oldflyingfox Master	16-Aug-2012 18:08        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	The big fall on 26 July is really bad. However, following a big jump on 30 July, seem the market think that it has hit the bottom. And this was confirmed on 14 Aug (2 days after the poor result reported), it started to rebound from there. (I think I saw a double bottom formed and the wost may be over for short term) rotijai      ( Date: 16-Aug-2012 17:52) Posted: ok, it's good that you attempt to explain. think again, using ur ideology. what will u conclude on that black candle on 26 July? oldflyingfox      ( Date: 16-Aug-2012 17:21) Posted: The 6-days ave vol is about 64 millions based on yesterday closing. Today, it closed at 1.345 (+0.035) with volume of 149 millions which is about 2.3 time more  This usually indicate a stronge interest of buying,  which has  a good chance of moving up futher. I'm still learning trading along with market movement and I hope that I'm right.
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rotijai Supreme	16-Aug-2012 17:52        rotijai About Contact  Quote this Post!
x 0   x 0  Alert Admin	ok, it's good that you attempt to explain. think again, using ur ideology. what will u conclude on that black candle on 26 July? oldflyingfox      ( Date: 16-Aug-2012 17:21) Posted: The 6-days ave vol is about 64 millions based on yesterday closing. Today, it closed at 1.345 (+0.035) with volume of 149 millions which is about 2.3 time more  This usually indicate a stronge interest of buying,  which has  a good chance of moving up futher. I'm still learning trading along with market movement and I hope that I'm right.   rotijai      ( Date: 16-Aug-2012 16:56) Posted: obviously u dunno wat u are saying :) i am not against ur call of " not wise to short now" i am refering to ur " moving up with double volume of 6 days ave, the up wave is strong"
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oldflyingfox Master	16-Aug-2012 17:21        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	The 6-days ave vol is about 64 millions based on yesterday closing. Today, it closed at 1.345 (+0.035) with volume of 149 millions which is about 2.3 time more  This usually indicate a stronge interest of buying,  which has  a good chance of moving up futher. I'm still learning trading along with market movement and I hope that I'm right.   rotijai      ( Date: 16-Aug-2012 16:56) Posted: obviously u dunno wat u are saying :) i am not against ur call of " not wise to short now" i am refering to ur " moving up with double volume of 6 days ave, the up wave is strong" oldflyingfox      ( Date: 16-Aug-2012 16:45) Posted: Not wise to short now as it is moving up with double volumn of 6-days ave, the up wave is strong.
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rotijai Supreme	16-Aug-2012 16:56        rotijai About Contact  Quote this Post!
x 0   x 0  Alert Admin	obviously u dunno wat u are saying :) i am not against ur call of " not wise to short now" i am refering to ur " moving up with double volume of 6 days ave, the up wave is strong" oldflyingfox      ( Date: 16-Aug-2012 16:45) Posted: Not wise to short now as it is moving up with double volumn of 6-days ave, the up wave is strong.
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oldflyingfox Master	16-Aug-2012 16:45        oldflyingfox About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not wise to short now as it is moving up with double volumn of 6-days ave, the up wave is strong.
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bishan22 Elite	16-Aug-2012 15:56        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Beware BB setting up traps again. Haha. Good luck.  wangerism      ( Date: 16-Aug-2012 15:37) Posted: time to short??!! really? pitch my tent here to watch...lol   Sgshares      ( Date: 16-Aug-2012 15:29) Posted: major correction next week? then better sell off and prepare to go short
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wangerism Veteran	16-Aug-2012 15:37        wangerism About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	time to short??!! really? pitch my tent here to watch...lol   Sgshares      ( Date: 16-Aug-2012 15:29) Posted: major correction next week? then better sell off and prepare to go short risktaker      ( Date: 16-Aug-2012 15:14) Posted: 1.40 is history ..... Any rebound will be cap at 1.40 ..... A major correction across the money ..... Is about to hit ...... Don't believe ? Wait till u see next week...
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Sgshares Elite	16-Aug-2012 15:29        Sgshares About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	major correction next week? then better sell off and prepare to go short risktaker      ( Date: 16-Aug-2012 15:14) Posted: 1.40 is history ..... Any rebound will be cap at 1.40 ..... A major correction across the money ..... Is about to hit ...... Don't believe ? Wait till u see next week.... loserloser      ( Date: 16-Aug-2012 12:54) Posted: Today should reach 1.400
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rotijai Supreme	16-Aug-2012 15:19        rotijai About Contact  Quote this Post!
x 0   x 0  Alert Admin	sifu risktaker.. we also wan the public to buy now uh? :) i am bored... yawns.., got 4d number  for this weekend ? risktaker      ( Date: 16-Aug-2012 15:14) Posted: 1.40 is history ..... Any rebound will be cap at 1.40 ..... A major correction across the money ..... Is about to hit ...... Don't believe ? Wait till u see next week.... loserloser      ( Date: 16-Aug-2012 12:54) Posted: Today should reach 1.400
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risktaker Supreme	16-Aug-2012 15:14        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Sometimes you think you know, but in fact you dont"
x 0   x 0  Alert Admin	1.40 is history ..... Any rebound will be cap at 1.40 ..... A major correction across the money ..... Is about to hit ...... Don't believe ? Wait till u see next week.... loserloser      ( Date: 16-Aug-2012 12:54) Posted: Today should reach 1.400
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A1Investor Member	16-Aug-2012 15:00        A1Investor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Genting Singapore is up 5.0% at $1.375 amid active trade at 11:01 am. The gains may be due to a report Echo is willing to work with its shareholders, says Lee Kok Joo, head of research at Phillip Securities. “It kind of dispelled any notion that there’s going to be a bidding war” with Crown for a potential takeover bid for Echo, says Lee. “I still think the news doesn’t suggest anything, so the rebound could just be technical after it declined substantially (recently),” he adds. Usually thinly-traded Genting Hong Kong, which also holds an Echo stake, is up 2.9% at $0.355 in strong volume, amid a flurry of large trades. Genting group companies hold 9.9% of Echo. Orderbook quotes suggest GENS may find resistance at its $1.38 intraday high so far, while GENHK’s $0.36 intraday high may also offer a cap.
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A1Investor Member	16-Aug-2012 14:50        A1Investor About Contact  Quote this Post!
x 1   x 0  Alert Admin	UnderStand now:- 1. You want people call you sifu 2. No one predict but only you 3. Only you can repeat same post for meaningful Thank you for all your advise Lol :-D iPunter      ( Date: 16-Aug-2012 10:22) Posted: On the other hand, if sifu is posting a quote as reminder to newbies, it is a good thing too.     Anyway, with regard to the post, the point I was making is that no one can predict         the outcome before it happens. As regards to trend, no one can tell what               the trend is until the market shows it. This is true at any moment in time... iPunter      ( Date: 16-Aug-2012 10:02) Posted: But when you post, you must have some point to make, especially for the benefit of stock newbies.     If there's no point to make, or no view to express, there's really no point in posting at all...
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stockmarketmind Master	16-Aug-2012 14:36        stockmarketmind About Contact  Quote this Post!   Yells: "stockmarketmindgames"
x 0   x 0  Alert Admin	genting just came down with profit taking. http://stockmarketmindgames.blogspot.sg/2012/08/genting-sp-profit-taking.html
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niuyear Supreme	16-Aug-2012 14:00        niuyear About Contact  Quote this Post!
x 0   x 0  Alert Admin	RWS better  PRAY  hard feed hungry bros....
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