
true enough. Today go up. Lucky I took profit yesterday
Use CFD, then it is not  problem.
rotijai ( Date: 17-Aug-2011 10:39) Posted:
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er.. congras on ur profit..
if i am not wrong, u shorted this ship and it went up as high as 5.98 earlier..
i dunno if u cut loss and shorted at a higher price..
but ur plan might not work for others cause it requires a huge margin to cover the 60 cents gap (5.30 to 5.98)..
tungjj ( Date: 17-Aug-2011 09:47) Posted:
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enjoy your trip!
tungjj ( Date: 17-Aug-2011 09:47) Posted:
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For those who follow me to short, I think you should start buying back and take your profit. Now I bag quite a huge profit and should start to plan my US trip with my family.
Please also share your joy for those following me.
I've sold my Wilmar today.
Market don't look very good.
Better to take a little profit than make a big loss.
Wilmar is a 30-40 cents profit :)
risktaker ( Date: 23-Jun-2011 09:41) Posted:
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Who is Anthony?
I will continue to short and prepare take profit @5.21. Now the Wedges and Triangle confirmed it is a super Bear. I try to attach the graph for education purposes only, but I do not know how to do it. Can anyone teach me?
If anyone has any share would like me to take a look and comment. I am welcome, as I one person cannot monitor so many share.
 
I do agree with sifu that one must wait for
    the right signal before entering a position,
        which is the conventional practice...

 
tungjj ( Date: 25-Jun-2011 18:42) Posted:
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Hi iPunter,
The market direction keep changing. We have to wait till the clear signal to come out then we can make the decision for long or short. If short at the peak, how do you know it will not go up any further.
iPunter ( Date: 24-Jun-2011 08:26) Posted:
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SOLID man......you hit the bull eye man...at 5.30 now....good luck..
tungjj ( Date: 24-Jun-2011 08:18) Posted:
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Don't you think it is much better if you short at a
          juicy-juicy peak, rather than at the break down
                low point?  Since the overall reckoning by you
                    is bearish, wouldn't betting at the peak makes
                              more sense?... 

tungjj ( Date: 24-Jun-2011 08:18) Posted:
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Base on the graph, now the bear signal become more and more clear. Today can continue to short, I will short some more @ 5.30 and the target to take profit is still the same @ 5.21
this means he is confident to take profit  for 5cts and no need to cut loss at 20cts for volatility range, which  unlikely to reach,  that's what one  think so ...everyone has different risk appetitle lah...
belgeran ( Date: 23-Jun-2011 09:38) Posted:
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a bit silly. but our team favour wilmar and we are.looking to buy this baby soon. We are waiting the selling to be bit ease :)
wah.. your profit position is 5c, cut loss is 20c.... the risk/reward ratio is abit off.. ?
Wilmar - short @5.26, Cut loss @5.45, Take profit @5.21