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novice_trader
    09-Aug-2013 00:03  
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Waw... I should follow ur style. At least ur capital is growing. Admired!!! Huat ah!!!

Acl2013      ( Date: 08-Aug-2013 15:28) Posted:

"Don't fall in love with stock, unless is your own company"

it's for play short term who like to said, for those long term shareholder most of them no agree,

i brought 50 lot of Maxi cash when second day IPO at .400, two time of 1 to 5 bonus, 14 months my investment increase 69+% no included dividend, now another 10 for 1 bonus coming up, will keep hold on it.

Another like Fragrance, 9 years from IPO, if invest 1k now value about 7k
Others like Sim lian, Halcyon, Sheng siong, etc, check your own.
I understand some of stock since IPO it still submarine, so need to get the right choose.

warrenbegger      ( Date: 08-Aug-2013 12:36) Posted:



Just to share my experience. Don't fall in love with stock, unless is your own company.

I play for short term rebound at the moment, the rebound will be short term,  because the recovery is still long.

Those major index is just waiting to XXXX, but when?? Many months ago people keep shouting short till they get shock, but stock still going up..

The best strategy if u still playing is using the right ratio money management for this. Nothing is certain, but the amount u control to lose will be under control.

Eg, if I had 100k to play at any time, I will only use max 30k  to roll it up. If any shiit happen and I get caught, I still had 70k at my back to bail me out when time come.

 

*U can play  100+ trade every month, but just 1 holy cow trade will either break or make u. If u don't wish to get rape hard, money  management is one of the key to save your backside.

$* I never get burn more than 25% of my total investment account  by any single stock in my whole life of stock playing. By just using the right money management risk control strategy  :)


 
 
novice_trader
    08-Aug-2013 23:59  
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Ehhhh bro... think that includes me as well... That's my trading style, damn..... I buy 50 lots want to make $1k... Hahaha... Worst! Huat ah!!!

cskshares      ( Date: 08-Aug-2013 22:15) Posted:



Haha Brother, how come you know me so well? You are talking about me leh. LOL.

Stockcham      ( Date: 08-Aug-2013 02:00) Posted:



Let me share one of the  example on why people get caught on high price.

Take for example Ah Beng want to buy 100 lots of Counter A priced at 0.10. He monitor this counter. Wa seh, looks like got support leh. Wa lao eh, got buyers keep coming in when someone throw  down. But cannot buy first because there is big sell queue there. Wait first, kua ho sei seng. See a while sell queue gone and jump 1 pip. Aiyo, don't know whether is it a trap or not. Better see properly because the sell queue also high. Ko kua jit eh...Oop! Jump 1 pip again. Wa lan eh, this  sell queue even bigger. Looks likes moving. Nevermind, wait till it starts eating the sell queue lim pei will chiong in. Oh1 Oh!, start to eat sell queue liao. Quickly keyed in buy orders. Oop!,  sell queue ko bo ki liao...jump  another pip  and now on queue. Quickly withdraw on queue order and keyed in to buy at the next sell queue.  Whew! Ni na ma eh,  finally get it liao.  Si beh  song!  Lim pei eh target is to  make $1k.

What's the problem with the above exmaple?.

1) See support and constant buying coming  in but don't dare to buy! Indecisive and  end up buy 4 pips higher.

2) Buy only 100 lots want to make $1k. To cover commission, the counter has to move 11 pips.

So 4 pips + 11 pips = 15 pips.

How many counters move 15 pips?. This is worst if the counter already chiong a few pips, and then you starts the above monitoring and buy process.


 
 
novice_trader
    08-Aug-2013 23:56  
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Hi bro Stockcham, agree with u... No $$$ involve ur mind will be peaceful, when $$$ involve cannot think Liao, mind goes hay-wired blur gan cheong.... Especially when market is hot and price will move fast up or down, it's either sell or buy, cut lost or hold on... Such situation mind usually cannot think straight... No $$$ involve everything also no problem bcoz no heart pain.

When school days u go dating or puppy love, break up also no heart pain right, when $$$ involve like in marriage, got house and kids and commitment, break up or divorce, heart pain bcoz $$$ is involve... Hahaha... Man, was that a good example??? Hehehe.

Today holiday but my mind still thinking of trading and SJ of course... Today low post rate, all go holiday ah? Go JB??? Bro librajet, must have been in the jackpot room.... Will try to visit one tml!!! Huat Ah!!!

Stockcham      ( Date: 08-Aug-2013 23:36) Posted:



Frankly bro, learn using  paper trade is not enough. In my opinion, stocks trading is about trading skill and emotion. Without money involves, there will be no kan cheong, no heart pain, no happy, no fear and so on. So buay chun one.  To me, to buy  and sell at what price mostly depend on your emotion. Unless you are very rich and can afford any losses, then that is different play liao. With so much money, you won't bother much about losses, your emotion are not affected. So you can think properly. Even for those players who can afford losses(I don t mean very rich one) they also got emotion. Let's say suddenly North korea throw a bomb on USA, then the next morning open sure si bei jialat one. When the market starts trading at si bei low price, do you think he still emotionless?. He sure kan choeng don't know whether to throw or hold. If throw, throw what price better. because during this time, it will be very volatile because if the war goes on, lagi jialat. If able to resolves the problem, it will chiong up again. So he will have to decide fast because the price moves up and down. To conclude, emotion play an important row in the decision to buy or sell.

cskshares      ( Date: 08-Aug-2013 22:15) Posted:



Haha Brother, how come you know me so well? You are talking about me leh. LOL


 

 
Stockcham
    08-Aug-2013 23:36  
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Frankly bro, learn using  paper trade is not enough. In my opinion, stocks trading is about trading skill and emotion. Without money involves, there will be no kan cheong, no heart pain, no happy, no fear and so on. So buay chun one.  To me, to buy  and sell at what price mostly depend on your emotion. Unless you are very rich and can afford any losses, then that is different play liao. With so much money, you won't bother much about losses, your emotion are not affected. So you can think properly. Even for those players who can afford losses(I don t mean very rich one) they also got emotion. Let's say suddenly North korea throw a bomb on USA, then the next morning open sure si bei jialat one. When the market starts trading at si bei low price, do you think he still emotionless?. He sure kan choeng don't know whether to throw or hold. If throw, throw what price better. because during this time, it will be very volatile because if the war goes on, lagi jialat. If able to resolves the problem, it will chiong up again. So he will have to decide fast because the price moves up and down. To conclude, emotion play an important row in the decision to buy or sell.

cskshares      ( Date: 08-Aug-2013 22:15) Posted:



Haha Brother, how come you know me so well? You are talking about me leh. LOL.

Stockcham      ( Date: 08-Aug-2013 02:00) Posted:



Let me share one of the  example on why people get caught on high price.

Take for example Ah Beng want to buy 100 lots of Counter A priced at 0.10. He monitor this counter. Wa seh, looks like got support leh. Wa lao eh, got buyers keep coming in when someone throw  down. But cannot buy first because there is big sell queue there. Wait first, kua ho sei seng. See a while sell queue gone and jump 1 pip. Aiyo, don't know whether is it a trap or not. Better see properly because the sell queue also high. Ko kua jit eh...Oop! Jump 1 pip again. Wa lan eh, this  sell queue even bigger. Looks likes moving. Nevermind, wait till it starts eating the sell queue lim pei will chiong in. Oh1 Oh!, start to eat sell queue liao. Quickly keyed in buy orders. Oop!,  sell queue ko bo ki liao...jump  another pip  and now on queue. Quickly withdraw on queue order and keyed in to buy at the next sell queue.  Whew! Ni na ma eh,  finally get it liao.  Si beh  song!  Lim pei eh target is to  make $1k.

What's the problem with the above exmaple?.

1) See support and constant buying coming  in but don't dare to buy! Indecisive and  end up buy 4 pips higher.

2) Buy only 100 lots want to make $1k. To cover commission, the counter has to move 11 pips.

So 4 pips + 11 pips = 15 pips.

How many counters move 15 pips?. This is worst if the counter already chiong a few pips, and then you starts the above monitoring and buy process.


 
 
muifan
    08-Aug-2013 23:32  
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Hi bro, i rem one sifu once said before,

treat paper trading with a pinch of salt..

simply because paper trading does not invole real money,

and thus Fear, Greed, the 2 most impt factor  are not involve as well....

just my humble 2 cents worth

huat ah!

cskshares      ( Date: 08-Aug-2013 22:13) Posted:



Sis Gold, seems like we are doing something very similar. I have been doing paper trading recently for a few reasons:
  1. Lose too much before. Now purely learning, and practice what I learned. Paper trade till I am more confidence about my judgment.
  2. Busy recently, not able to monitor closely. The counters we are looking at recently need close monitoring every second. Even if you go toilet too long, might cause you to lose some money.
  3. Since last week, heard many warnings about short week this week. So, already made up my mind not to touch any counter this week. Though was very tempted to go in FL at 0.134, but decided not to finally, true to my own commitment for not entering this week.


Sis, next week, I may or may not enter any counter. But even if I do, I will still paper trade other counters. If you don't mind, I would like to invite you that we can help each other out making this paper trading more real, more serious. When I decide to paper trade a counter, I will PM you the price and lots I enter, what is my cut loss price and target price. Then I will update you if I change my target price, cut loss partly, fully, take profit partly, fully, re-renter at what price, etc. At the end of the day or the day I finally sell, we calculate together how much I have lost or won after paying commission. Personally I will record the details in Excel, after 1 month, I will see how much I make or lose for that month. And you do the same PM me about your paper trading. May be if I agree with your call, I will join you vesting that counter in paper too.


Let me know if this sounds good to you. HUAT AH on paper first.


Gold916      ( Date: 07-Aug-2013 23:39) Posted:

Sorry to all
I have been posting md...n I guess some might hv used it as a guide to chiong...actually even though I hv md...most of the counters I didn't go in...inno too fast up n down..I dare not,Rex also very fast,I didn't...freight I see it at 134...but I didn't...moneymax I also see...but I didn't...I'm just monitoring it...i had over the aiya,i missed it feeling cos had miss it too many times..n I noticed even if it has big q like cna,it doesn't mean it will move or today,tml..or move to that price u see...it's more like learning how to see...so didn't vest it...I have been viewing recently n ppl might tot I had vested...actually not really.
Hope that one don't only view md n vest in...cos beside md,I go study the chart n etc...then play my own without money nia..just testing on myself

One bro tot I vest in union..yup..I vested...but on myself nia..I won but no money one.
Seriously I have been learning a lot fr Sifus here...just that I didn't vest..so didn't really win.but at here..I learnt the most impt thing is dont Gan chiong..no need to chiong...need to b careful...wat go up fast,might come down fast too..when u r looking at how much u can earn..need to look at how much u might lose too...also I think for inexperienced like us,better dont play too many counters...very hard to monitor n stress too..

Bro sc taught us..if cannot win,then learn to lose lesser...need to know when to let go too...cut losses..it's not easy though..also although some had told us which counter is gd but also need to do abit homework..their gd might not b the price u see too..
Mayb they see 0.1 is gd but u see 0.15 is good???the expert know when to cut off but newbie might not know wor..

those experienced ones had used so much to learn their lesson,we shd b happy to have them here with us n really listen hard...cannot let money cover ur eyes n chiong blindly..there is no heart pain..rather miss it than lose it...also how can we just chiong blindly just bcos the price keep moving??


 
 
cskshares
    08-Aug-2013 22:15  
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Haha Brother, how come you know me so well? You are talking about me leh. LOL.

Stockcham      ( Date: 08-Aug-2013 02:00) Posted:



Let me share one of the  example on why people get caught on high price.

Take for example Ah Beng want to buy 100 lots of Counter A priced at 0.10. He monitor this counter. Wa seh, looks like got support leh. Wa lao eh, got buyers keep coming in when someone throw  down. But cannot buy first because there is big sell queue there. Wait first, kua ho sei seng. See a while sell queue gone and jump 1 pip. Aiyo, don't know whether is it a trap or not. Better see properly because the sell queue also high. Ko kua jit eh...Oop! Jump 1 pip again. Wa lan eh, this  sell queue even bigger. Looks likes moving. Nevermind, wait till it starts eating the sell queue lim pei will chiong in. Oh1 Oh!, start to eat sell queue liao. Quickly keyed in buy orders. Oop!,  sell queue ko bo ki liao...jump  another pip  and now on queue. Quickly withdraw on queue order and keyed in to buy at the next sell queue.  Whew! Ni na ma eh,  finally get it liao.  Si beh  song!  Lim pei eh target is to  make $1k.

What's the problem with the above exmaple?.

1) See support and constant buying coming  in but don't dare to buy! Indecisive and  end up buy 4 pips higher.

2) Buy only 100 lots want to make $1k. To cover commission, the counter has to move 11 pips.

So 4 pips + 11 pips = 15 pips.

How many counters move 15 pips?. This is worst if the counter already chiong a few pips, and then you starts the above monitoring and buy process.

 

 
cskshares
    08-Aug-2013 22:13  
Contact    Quote!


Sis Gold, seems like we are doing something very similar. I have been doing paper trading recently for a few reasons:
  1. Lose too much before. Now purely learning, and practice what I learned. Paper trade till I am more confidence about my judgment.
  2. Busy recently, not able to monitor closely. The counters we are looking at recently need close monitoring every second. Even if you go toilet too long, might cause you to lose some money.
  3. Since last week, heard many warnings about short week this week. So, already made up my mind not to touch any counter this week. Though was very tempted to go in FL at 0.134, but decided not to finally, true to my own commitment for not entering this week.


Sis, next week, I may or may not enter any counter. But even if I do, I will still paper trade other counters. If you don't mind, I would like to invite you that we can help each other out making this paper trading more real, more serious. When I decide to paper trade a counter, I will PM you the price and lots I enter, what is my cut loss price and target price. Then I will update you if I change my target price, cut loss partly, fully, take profit partly, fully, re-renter at what price, etc. At the end of the day or the day I finally sell, we calculate together how much I have lost or won after paying commission. Personally I will record the details in Excel, after 1 month, I will see how much I make or lose for that month. And you do the same PM me about your paper trading. May be if I agree with your call, I will join you vesting that counter in paper too.


Let me know if this sounds good to you. HUAT AH on paper first.


Gold916      ( Date: 07-Aug-2013 23:39) Posted:

Sorry to all
I have been posting md...n I guess some might hv used it as a guide to chiong...actually even though I hv md...most of the counters I didn't go in...inno too fast up n down..I dare not,Rex also very fast,I didn't...freight I see it at 134...but I didn't...moneymax I also see...but I didn't...I'm just monitoring it...i had over the aiya,i missed it feeling cos had miss it too many times..n I noticed even if it has big q like cna,it doesn't mean it will move or today,tml..or move to that price u see...it's more like learning how to see...so didn't vest it...I have been viewing recently n ppl might tot I had vested...actually not really.
Hope that one don't only view md n vest in...cos beside md,I go study the chart n etc...then play my own without money nia..just testing on myself

One bro tot I vest in union..yup..I vested...but on myself nia..I won but no money one.
Seriously I have been learning a lot fr Sifus here...just that I didn't vest..so didn't really win.but at here..I learnt the most impt thing is dont Gan chiong..no need to chiong...need to b careful...wat go up fast,might come down fast too..when u r looking at how much u can earn..need to look at how much u might lose too...also I think for inexperienced like us,better dont play too many counters...very hard to monitor n stress too..

Bro sc taught us..if cannot win,then learn to lose lesser...need to know when to let go too...cut losses..it's not easy though..also although some had told us which counter is gd but also need to do abit homework..their gd might not b the price u see too..
Mayb they see 0.1 is gd but u see 0.15 is good???the expert know when to cut off but newbie might not know wor..

those experienced ones had used so much to learn their lesson,we shd b happy to have them here with us n really listen hard...cannot let money cover ur eyes n chiong blindly..there is no heart pain..rather miss it than lose it...also how can we just chiong blindly just bcos the price keep moving??

 
 
Pauperman
    08-Aug-2013 21:50  
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Got. I got cold sweat, heart race and chest pain.

duofu1285      ( Date: 08-Aug-2013 15:58) Posted:

Guys...u all got play stock until cold sweat hands tremble before..

 
 
cskshares
    08-Aug-2013 21:07  
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Bro Librajet, yes, I do agree with Bro Novice, we hear you with a big thank you. Many of us might once again be reminded now, but you know, human beings are forgetful, when greed goes above our heads, we might temporarily forget about it, and we need your reminder again. And I believe every time when you alert, sure some people suddenly wake up from the idealistic dreams, even though they may not voice out. Please continue to alert us. I can see your frustration and anger seeing others Kan Cheong and lose money, this I see is out of love, if not, what else? Thank you!

novice_trader      ( Date: 07-Aug-2013 22:29) Posted:

I hear u loud and clear bro librajet!!! Appreciate ur advice to me always! Huat ah!!!

librajet      ( Date: 07-Aug-2013 22:22) Posted:

What I hope not to see happen now, third person in two weeks. Reminder to all, stock mkt esp contra trading is not easy, don't feel like its easy with all the coffee winning here. I post less lately bcos I felt too much of Cheong this and that, my voice has many times turn deaf ear. I have stop trading cos I find no point when mkt is weak and we are trying luck for only few counters. Guys good luck and take care


 
 
duofu1285
    08-Aug-2013 20:54  
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Thanks sir... u are so kind hearted.

..apprexiated. wish u gd health... 

louis_leecs      ( Date: 08-Aug-2013 16:51) Posted:

Duofu1286
If I strike the toto 100k or more than million , I will pay for your 1.5k+bonus 1.5k cold sweat hand,hope other bro and sis also can help if I not strike but who very lucky willing to help duofu settle the debt

 

 
verynew
    08-Aug-2013 20:02  
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Bro sc din buy Rex but brought freight link lost 2 pip cos din hold for long cause I'm outside din have the time to monitor so end up lost 2pips
Any way I will take note on it again on Monday cause the resistance is at 145 right if I din remember wrong
So need ur advise on Sunday hope it break if not just keep monitor
Thks bro for ur concern now get over it Liao is mine is mine
Huat ah

Stockcham      ( Date: 08-Aug-2013 14:34) Posted:

Honestly bro, did you buy Rex and Freightlinks yesterday?.  Still heart pain boh?. Lol! Huat ah!

verynew      ( Date: 08-Aug-2013 14:26) Posted:

Sis md agree agree ,also agree with bro sc, bro librajet hope everyone huat ah
Must know ur own limit to pla


 
 
louis_leecs
    08-Aug-2013 16:51  
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Duofu1286
If I strike the toto 100k or more than million , I will pay for your 1.5k+bonus 1.5k cold sweat hand,hope other bro and sis also can help if I not strike but who very lucky willing to help duofu settle the debt
 
 
duofu1285
    08-Aug-2013 15:58  
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Guys...u all got play stock until cold sweat hands tremble before..
 
 
Acl2013
    08-Aug-2013 15:28  
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"Don't fall in love with stock, unless is your own company"

it's for play short term who like to said, for those long term shareholder most of them no agree,

i brought 50 lot of Maxi cash when second day IPO at .400, two time of 1 to 5 bonus, 14 months my investment increase 69+% no included dividend, now another 10 for 1 bonus coming up, will keep hold on it.

Another like Fragrance, 9 years from IPO, if invest 1k now value about 7k
Others like Sim lian, Halcyon, Sheng siong, etc, check your own.
I understand some of stock since IPO it still submarine, so need to get the right choose.

warrenbegger      ( Date: 08-Aug-2013 12:36) Posted:



Just to share my experience. Don't fall in love with stock, unless is your own company.

I play for short term rebound at the moment, the rebound will be short term,  because the recovery is still long.

Those major index is just waiting to XXXX, but when?? Many months ago people keep shouting short till they get shock, but stock still going up..

The best strategy if u still playing is using the right ratio money management for this. Nothing is certain, but the amount u control to lose will be under control.

Eg, if I had 100k to play at any time, I will only use max 30k  to roll it up. If any shiit happen and I get caught, I still had 70k at my back to bail me out when time come.

 

*U can play  100+ trade every month, but just 1 holy cow trade will either break or make u. If u don't wish to get rape hard, money  management is one of the key to save your backside.

$* I never get burn more than 25% of my total investment account  by any single stock in my whole life of stock playing. By just using the right money management risk control strategy  :)

 
 
Stockcham
    08-Aug-2013 14:34  
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Honestly bro, did you buy Rex and Freightlinks yesterday?.  Still heart pain boh?. Lol! Huat ah!

verynew      ( Date: 08-Aug-2013 14:26) Posted:

Sis md agree agree ,also agree with bro sc, bro librajet hope everyone huat ah
Must know ur own limit to play

Gold916      ( Date: 08-Aug-2013 11:09) Posted:

Toto need alot of luck ba...wonder how much the winner had bought?i know some ppl that bought $400 to $500 quick pick n didn't strike at all too...n I know some ppl that only bought less than $20 and strike grp one or two before...fated ba.


 

 
verynew
    08-Aug-2013 14:26  
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Sis md agree agree ,also agree with bro sc, bro librajet hope everyone huat ah
Must know ur own limit to play

Gold916      ( Date: 08-Aug-2013 11:09) Posted:

Toto need alot of luck ba...wonder how much the winner had bought?i know some ppl that bought $400 to $500 quick pick n didn't strike at all too...n I know some ppl that only bought less than $20 and strike grp one or two before...fated ba..

novice_trader      ( Date: 08-Aug-2013 01:21) Posted:

Aiyo last TOTO 5mil I buy $200 quick pick ordinary.... All kana eat... Not even 1 can 3+1 or 4 numbers correct. Think even harder than stock market. Lol.... Hahahaha... Huat Ah bros and sis!!


 
 
Stockcham
    08-Aug-2013 14:09  
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Good advice Bro!  Huat ah!

warrenbegger      ( Date: 08-Aug-2013 12:36) Posted:



Just to share my experience. Don't fall in love with stock, unless is your own company.

I play for short term rebound at the moment, the rebound will be short term,  because the recovery is still long.

Those major index is just waiting to XXXX, but when?? Many months ago people keep shouting short till they get shock, but stock still going up..

The best strategy if u still playing is using the right ratio money management for this. Nothing is certain, but the amount u control to lose will be under control.

Eg, if I had 100k to play at any time, I will only use max 30k  to roll it up. If any shiit happen and I get caught, I still had 70k at my back to bail me out when time come.

 

*U can play  100+ trade every month, but just 1 holy cow trade will either break or make u. If u don't wish to get rape hard, money  management is one of the key to save your backside.

$* I never get burn more than 25% of my total investment account  by any single stock in my whole life of stock playing. By just using the right money management risk control strategy  :)

 
 
warrenbegger
    08-Aug-2013 12:36  
Contact    Quote!


Just to share my experience. Don't fall in love with stock, unless is your own company.

I play for short term rebound at the moment, the rebound will be short term,  because the recovery is still long.

Those major index is just waiting to XXXX, but when?? Many months ago people keep shouting short till they get shock, but stock still going up..

The best strategy if u still playing is using the right ratio money management for this. Nothing is certain, but the amount u control to lose will be under control.

Eg, if I had 100k to play at any time, I will only use max 30k  to roll it up. If any shiit happen and I get caught, I still had 70k at my back to bail me out when time come.

 

*U can play  100+ trade every month, but just 1 holy cow trade will either break or make u. If u don't wish to get rape hard, money  management is one of the key to save your backside.

$* I never get burn more than 25% of my total investment account  by any single stock in my whole life of stock playing. By just using the right money management risk control strategy  :)
 
 
Gold916
    08-Aug-2013 11:09  
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Toto need alot of luck ba...wonder how much the winner had bought?i know some ppl that bought $400 to $500 quick pick n didn't strike at all too...n I know some ppl that only bought less than $20 and strike grp one or two before...fated ba..

novice_trader      ( Date: 08-Aug-2013 01:21) Posted:

Aiyo last TOTO 5mil I buy $200 quick pick ordinary.... All kana eat... Not even 1 can 3+1 or 4 numbers correct. Think even harder than stock market. Lol.... Hahahaha... Huat Ah bros and sis!!!

Gold916      ( Date: 07-Aug-2013 22:57) Posted:

Oh tml got toto hor...totally forgot tml is thurs...keep thinking today is fri


 
 
Gold916
    08-Aug-2013 10:40  
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Well said bro...think sometimes I also monitor until miss it too

Stockcham      ( Date: 08-Aug-2013 02:00) Posted:



Let me share one of the  example on why people get caught on high price.

Take for example Ah Beng want to buy 100 lots of Counter A priced at 0.10. He monitor this counter. Wa seh, looks like got support leh. Wa lao eh, got buyers keep coming in when someone throw  down. But cannot buy first because there is big sell queue there. Wait first, kua ho sei seng. See a while sell queue gone and jump 1 pip. Aiyo, don't know whether is it a trap or not. Better see properly because the sell queue also high. Ko kua jit eh...Oop! Jump 1 pip again. Wa lan eh, this  sell queue even bigger. Looks likes moving. Nevermind, wait till it starts eating the sell queue lim pei will chiong in. Oh1 Oh!, start to eat sell queue liao. Quickly keyed in buy orders. Oop!,  sell queue ko bo ki liao...jump  another pip  and now on queue. Quickly withdraw on queue order and keyed in to buy at the next sell queue.  Whew! Ni na ma eh,  finally get it liao.  Si beh  song!  Lim pei eh target is to  make $1k.

What's the problem with the above exmaple?.

1) See support and constant buying coming  in but don't dare to buy! Indecisive and  end up buy 4 pips higher.

2) Buy only 100 lots want to make $1k. To cover commission, the counter has to move 11 pips.

So 4 pips + 11 pips = 15 pips.

How many counters move 15 pips?. This is worst if the counter already chiong a few pips, and then you starts the above monitoring and buy process.

 
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