
Believe anytime nw, there will be a thrust down, 117 region, then a strong thrust up to 120 to 125..
my prediction..DYODD
divearse ( Date: 23-Apr-2009 14:54) Posted:
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one thing for sure if u trade..if u stay long enough, they have the upper hand, like casino they have odd over u ....u lose in the end.if u stay long....u cannot have max profit..and if u use margin, u got to be extra alert...
i am refering to those who use margin......not value investing...cheer
sometime when u hit sell target..and it happen to be support..this is where..BB sell and sell anns sell and sell...scare u to takeover your trade...it maybe real, but mostly 3 times out of 4, i would say, they want u out of the game...
so what i do is sell half, or set profit loss fr 25% to 50%...to stay in the game for more profit..
like today at 1.11...i decided to raise the profit loss to 50%, so luck is on my side this round..look like i am right this time...good luck to all.
cheongwee ( Date: 22-Apr-2009 15:54) Posted:
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for my gold and silver stock which i intend to long, my cut lose is 25%..to allow for volatility
honestly speaking, i still dont believe u short this one..because nobody in his normal self will trade like that..no cover or cut loss...
when i buy,, i set a cut loss and profit target arrive at using my trading software...
so if either one hit, my trade is done..that is.."cut lose " is the most important..
tchoonw ( Date: 22-Apr-2009 15:19) Posted:
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no worry , if you cut early, your lose is limit to there...if u short cover early dont leave open till cow come home..very dangerous....i am going to use the profit to buy more gold and silver stock.....buy PAAS, SSRI, AUY, GG...these will give you a few hundred percent..a 2 to 3 yrs..fr nw..
my profit , taken along the way liao...ard 40%..
I thk tonite q to buy AUY...dow future in red got chance to get some..
tchoonw ( Date: 22-Apr-2009 15:33) Posted:
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i still believe we r in the bear phase and have yet to test new low...it doesb't matter what px i shorted for sar and i'll patiently wait for this trash to drop dirt cheap to cover back...for the time being, u better make use of this uptrend to make as much as u can...
cheongwee ( Date: 22-Apr-2009 15:29) Posted:
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tchoonw ( Date: 22-Apr-2009 15:19) Posted:
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tchoonw ( Date: 22-Apr-2009 15:19) Posted:
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reporting period, poor result anticipated...that maybe the reason for market to lau sai..
cheongwee ( Date: 22-Apr-2009 11:06) Posted:
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SBI presentation. Any comments?
See link http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/b3cfd91b6c39b866482575a00019e859?OpenDocument