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Haha.... I think someone gave himself away... .hehehehe....


Manikamaniko = student

or

Manikamaniko = iPunter


or

Manikamaniko = iPunter = student

 

 

 

hahaha...

As far as I know, student got 'cheesed off '
for being possibly chased away from buying 4D in another thread...

So I think he'll also give up shares too... well, he learned the hard way...  hehe... :)

As for Manikamaniko...

I think he'll not be mistaken for a student...
cos his nick's so Indian- and Japanese-sounding and also too "stock-friendly" to be mistaken for a student in uniform......  

 

hahaha !

first we had student mimicrying iPunter

now we have Manikamaniko mimicrying iPunter !

now we have 3 iPunters in SJ !

now we are going to have 3 times the fun and insights !

as our beloved Supreme iPunter would say .. " one would say that's good for SJ ! "

wink ! blink ! blink!

 

hahaha...

There are too many things one can do like that chap (with due respect to him!) ... :)


But since I also find iPunter's format easy on the eyes, I might as well do likewise... hehe...

 

Hi Manikamaniko,

Your posting format is very similar to iPunter. Only iPunter does that kind of format.
Are you iPunter? 

 

Anyway, I don't put in overnight queues because this means I will be very kan-cheong in the morning to see if anything happen in the night that would affect the stock.
 

 

By the way, may I introduce myself...

I am of Asian origin...

with Indian, Japanese and stock market mix of roots...
 

 

Singaporegal...

As a matter of inteerst...

What time of the day do you normally enter a trade?

Do you also put orders on overnight queue? Thanks.

 

I agree with tanglinboy. It's better to observe the market movements in the morning first before putting in a trade.

 

I find that opening price can sometimes be quite decieving. Cannot base your trading decision on opening price alone.

 

paiseh ar, rogue bo ta chei 1 so used simple terms to explain.. bt using the extract from sgx, just volumes alone cannot determine the opening/closing px.. so if people jammed a low px with excessive volumes, then everybody rich liao?? px must oso be taken into consideration unless the term "cumulative buy/sell volume" include bid and offer price liao..

 

ok, here an extract from sgx website:

How are stock prices determined? Daily share prices in the stock market are determined by market forces of supply and demand. In the long term, share prices are influenced by economic and political events, both at home and abroad. Q: Can I tell my broker at which price I want to sell or buy shares? A: Yes, but because the price of shares depends on market forces of supply and demand, there may not be a market at the price you want to buy or sell. For example, should you place a buy order for share X at $2 when the best bid (buy price) for that share is $2.20, you are unlikely to find a seller who will sell at your price. Conversely, should you want to sell share Y at $3.50 when the best ask (sell price) is $2.80, you are unlikely to find a buyer who will buy at your price. Q: What happens if I want to sell shares and nobody wants to buy them? A: If the trading system cannot find an immediate match for your order, that order will be automatically stored in the computerised trading system until a buyer and a seller can be found. For example, should you make an order to sell share X at $2, it would be matched against an order to buy share X at $2. If there is no order to match the price, the order is added to the list of other buy and sell orders, which are held according to a price, and time, priority system. This system ensures that orders which offer the most attractive price are processed first. If two orders offer the same price, the order placed first will take priority. However, all unmatched orders will expire at the end of the trading day.

 

dragon

for better understanding on how mkt works during the pre-open and close period - read up practice note 8.2.1 - Application of Market phases and algorithm of SGT-ST Rule. the closing/opening price is dependent on the buy/sell volumes during the pre-open and close period. no complex formula involve here. just cumulative buy/sell volume.

 

 

dragon, the "calculation" is done by a "formula" by sgx which i had mentioned below. so if there are no sellers below $2, one might need to pay maybe more than $2 for ABC stock.. it had to depend on the volumes and bid/offer prices, then timing and the system used to key in the order will be "supplementary".. hope this helps or u can refer to the below postings to see whether u can understand or nt.

 

jamestay11, wat u mean by withdraw? if no orders matched, withdrawal will depend on timing and wat type of system used to key in the withdrawal. if ur scenario is before market open, then the below postings will apply.. bt if u refering to trading session liao, then price, timing and wat type of system used to key in the orders will apply. erm, auto selling when demand, unless the demand "matched" the supply pricing lor. e.g, i buy from the seller pricing.. then if pricing matched bt no enough lots to "cover" then the orders will be partially filled and the remaining orders will be like good for that trading day lor.. hope this help.

 

strange, y the questions seemed very familiar to me... alamak, dun tell me u 2 r my colleagues auh, too coincidence liao ba.. hahaha..

 

hi RT, let say i throw in all at once and there's no buyer and there r also ppl throwing in, who will get to withdraw first? let say i throw in 10lots but e demand is only say 2 lot, wat happen to the remaining lot? will be it auto selling when there's is demand?? thanks.

 

Hi RT, need to clarify yr example about epure.  Let's say, I want ABC share, closing price $1.  Does it mean that if I put in price $2 before market opens, I can jump q and yet not need to pay $2 but maybe $1.20 which is opening price???

 

jamestay11, if u kena ipo u can sell on 1st day.. bt whether got people to buy your stocks have to depend on the demand and supply liao.. if nobody queues to buy, you also cannot sell as no demand mah.. hope this help.

 

rogue_trader

can enlightment me, let say i got e ipo for certain company, can i sell it anytime as i wish even if its at opening? is there any charges or cost of doing that?is it no matter how many lot i throw out there will be someone buying it? thanks i'm still new to stocks and stuff..

 

rogue_trader, thanks and appreciated that.

Will continue to place order overnight for counter which is of high volume, likes jasper, else I won't think I will get any shares if I place the order on the trading day unless I bid higher px than the rest.

 

1234567, in your scenario, timing and wat system used to key in the orders will be considered.. if go thru those dealers systems which i think is directly "linked" to sgx, then same timing bt using the dealer that special system will go thru 1st.. bt higher brokerage lor..