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BullishTempo
Supreme |
19-Aug-2011 00:49
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U know, in this market being a remiser in STI makes no sense.   I rather just be happy earning my rent 
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iPunter
Supreme |
19-Aug-2011 00:36
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If one's trading style has a built-in defensive mechanism,       it will work out well in the long run. Thus if one shorts only             at ripe juicy-juicy peaks, one's returns are maximised,             and optimised. In any case, one's losses, if wrong are                            always  minimised by the application of the S/L... 
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forgot2bme
Senior |
19-Aug-2011 00:35
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Np! but i tried the reverse and it works i.e. enter higher than market price and it fills the position with the cheapest price :)
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alexchia01
Elite |
19-Aug-2011 00:30
Yells: "Catch The Stars And Ride With Them" |
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Sorry, I don't know.
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alexchia01
Elite |
19-Aug-2011 00:22
Yells: "Catch The Stars And Ride With Them" |
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This fall would last at least 1 month. We are just 2 weeks into the fall, there are 2 more weeks to go. You may think this is the bottom already, but to me, this is just the half way mark. I short when I know the market is going to fall further, not at the peak. If the market is at the peak and I know the market is going to climb higher, I would still Buy more, not short. There is no peak or bottom in the market, only market going up or going down.
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eastcivic
Elite |
19-Aug-2011 00:21
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i'm ok la..... still learning TA and trying to improve.... the last time i heard from you, you were training to be a remisier..... so now switch to real estate agent? or are you doing both?
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BullishTempo
Supreme |
19-Aug-2011 00:19
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Hi east, I am good man !!! I know you are doing good too yeah?   :-) 
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forgot2bme
Senior |
19-Aug-2011 00:12
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Sifu alex can u advise if i open CFD short at say a ridiculously low price of $1.40.. Will it fill the first highest position of selling price?
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rotijai
Supreme |
19-Aug-2011 00:12
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no.. we should have the balls to short at the juicy peaks.. not having the balls to short when dow jones already dropped more than 400 pts..
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eastcivic
Elite |
19-Aug-2011 00:12
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for some, it'll be a beautifiul day
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alexchia01
Elite |
19-Aug-2011 00:10
Yells: "Catch The Stars And Ride With Them" |
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This is the time where you anyhow short, will also make money. So have some courage and short big big. It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big.
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eastcivic
Elite |
19-Aug-2011 00:10
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OMG!!!! BT you are back!!! long time no SEE!!!! how are you? |
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iPunter
Supreme |
19-Aug-2011 00:09
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That's true... All European markets are down nearly 6%...     Dow should close very badly too..Tomorrow will be a                 sheet day for Asian markets... 
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forgot2bme
Senior |
19-Aug-2011 00:04
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Good luck to all those who are still holding long positions... Tomorrow will be another round of massive sell down.. |
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rotijai
Supreme |
19-Aug-2011 00:04
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yea.. tat's y i didnt have the balls to short more earlier today.. hehe thanks master BT!
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BullishTempo
Supreme |
19-Aug-2011 00:02
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Nothing to say about CityDev, not into it.   But you are right about the initial bounce after a strong gap-down.   Anyway just be careful these days.... 
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Noob79
Master |
18-Aug-2011 23:55
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U are now an agent??? Buy/sell houses??
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Noob79
Master |
18-Aug-2011 23:50
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This bugger will drop to 1.5 and may have more room to drop further to 1.3....
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BullishTempo
Supreme |
18-Aug-2011 23:47
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I am into real estate now, not really trading much... Too freaking volatile lately   | ||||
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rotijai
Supreme |
18-Aug-2011 23:46
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i guess the key is still not to overtrade.. always reserve some bullets.. but if the neckline is broken, i guess worth taking the risk uh ? wat do  u think of citydev? normally a strong gap-down will tend to have a small bounce for the first 5-10 mins before going down again..
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