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Winson
    07-Oct-2013 09:51  
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Still feel lucky cause all key in at stop loss price before market open. Else run road also buay hu ah...
@#%?$
Really need to stay sideline from now on...
Wish all bro and sis are fine....


muifan      ( Date: 07-Oct-2013 09:41) Posted:



bro bo pian...

all affected by the #(!@#^ blumonster....

this kind of thing out of control..

but keep our good health, keep the forest dont scare bo firewood.. 

Winson      ( Date: 07-Oct-2013 09:38) Posted:

Bro, finger small a bit also cannot....
Cut both early this morning.
Pain........


 
 
muifan
    07-Oct-2013 09:49  
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bro consider very heng liao :)

novice_trader      ( Date: 07-Oct-2013 09:47) Posted:

Morning lost $1k already... Zzzzzz

whiteluggage      ( Date: 07-Oct-2013 09:38) Posted:



wished u were out earlier :(

today so bloody red.

 


 
 
novice_trader
    07-Oct-2013 09:47  
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Morning lost $1k already... Zzzzzz

whiteluggage      ( Date: 07-Oct-2013 09:38) Posted:



wished u were out earlier :(

today so bloody red.

 

novice_trader      ( Date: 07-Oct-2013 09:34) Posted:

Lucky sold most in the morning... Only rex last few lots sold at 0.87, f%#!!! The drop from 0.90 is fast!!


 

 
Siwomp
    07-Oct-2013 09:44  
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cut my exposure by half... lose commission.... waiting for the price to weaken more than buy back. 
 
 
dicksonh
    07-Oct-2013 09:43  
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cut everything...bleeding badly but was abit heng to get away from Ossia at 0.465....

now to stop speculating and save back :)

Hope all bros/sis who kanna hang on tough and we will survive.

money can earn back slowly so don't get too upset.

I really learn a huge 6 digit lesson over these few years... 
 
 
Netengineer
    07-Oct-2013 09:42  
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super bad day.. total loss.. hope everyone managed to get out.
 

 
Beno777
    07-Oct-2013 09:42  
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HanKore
Last Traded
7 OCT 2013 09:42:14
Total Volume
48,953,000

Day High
0.072
Last Done Price
0.068

Day Low
0.067
Net Change
-0.004

Rank Bid Volume Bid Price Ask Price Ask Volume
1 77,000 0.068 0.069 8,200,000
2 3,898,000 0.067 0.070 2,874,000
3 9,918,000 0.066 0.071 1,639,000
4 8,814,000 0.065 0.072 2,488,000
5 2,700,000 0.064 0.073 2,200,000
6 1,502,000 0.063 0.074 2,050,000
7 1,035,000 0.062 0.075 6,386,000
8 500,000 0.061 0.076 5,232,000
9 2,420,000 0.060 0.077 3,420,000
10 100,000 0.058 0.078 9,843,000
11 300,000 0.057 0.079 5,538,000
12 100,000 0.056 0.080 8,608,000
13 1,000,000 0.054 0.081 3,765,000
14 2,200,000 0.053 0.082 5,325,000
15 953,000 0.052 0.083 1,660,000
16 380,000 0.051 0.084 5,620,000
17 100,000 0.049 0.085 963,000
18 0 0.000 0.086 850,000
19 0 0.000 0.087 780,000
20 0 0.000 0.088 1,805,000
 
 
muifan
    07-Oct-2013 09:41  
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bro bo pian...

all affected by the #(!@#^ blumonster....

this kind of thing out of control..

but keep our good health, keep the forest dont scare bo firewood.. 

Winson      ( Date: 07-Oct-2013 09:38) Posted:

Bro, finger small a bit also cannot....
Cut both early this morning.
Pain.........

muifan      ( Date: 07-Oct-2013 09:22) Posted:

ossia also kana...


 
 
whiteluggage
    07-Oct-2013 09:38  
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wished u were out earlier :(

today so bloody red.

 

novice_trader      ( Date: 07-Oct-2013 09:34) Posted:

Lucky sold most in the morning... Only rex last few lots sold at 0.87, f%#!!! The drop from 0.90 is fast!!!

whiteluggage      ( Date: 07-Oct-2013 09:20) Posted:

if u are holding on those red counters...where got boring?


 
 
Winson
    07-Oct-2013 09:38  
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Bro, finger small a bit also cannot....
Cut both early this morning.
Pain.........

muifan      ( Date: 07-Oct-2013 09:22) Posted:

ossia also kana....

yummygd      ( Date: 07-Oct-2013 09:20) Posted:

Today is another sad day . A reminder to us all the stock market is a beast. Pray for all the bros n sis in blumont.


 

 
novice_trader
    07-Oct-2013 09:34  
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Lucky sold most in the morning... Only rex last few lots sold at 0.87, f%#!!! The drop from 0.90 is fast!!!

whiteluggage      ( Date: 07-Oct-2013 09:20) Posted:

if u are holding on those red counters...where got boring?

 
 
sjZheng
    07-Oct-2013 09:34  
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anyone can help

HanKore  MD pls
 
 
dodobird
    07-Oct-2013 09:30  
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I hope those uncles aunties who depends on Teletext to see stocks know what is happening these few days.

It's right after the death of Teletext, the pennies dropped like crazy...
 
 
muifan
    07-Oct-2013 09:22  
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ossia also kana....

yummygd      ( Date: 07-Oct-2013 09:20) Posted:

Today is another sad day . A reminder to us all the stock market is a beast. Pray for all the bros n sis in blumont.

 
 
whiteluggage
    07-Oct-2013 09:20  
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if u are holding on those red counters...where got boring?
 

 
yummygd
    07-Oct-2013 09:20  
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Today is another sad day . A reminder to us all the stock market is a beast. Pray for all the bros n sis in blumont.
 
 
novice_trader
    07-Oct-2013 09:13  
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Another boring day... Will sell all holdings I think... Rex and dukang
 
 
Stockcham
    07-Oct-2013 08:49  
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Morning everyone!

During last Friday's trashing, you will be surprised that the little Penguin hold so well. Keep it in your watchlist. Not asking you to buy but look look see see nia!

Huat ah!
 
 
Stockcham
    07-Oct-2013 08:43  
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Yes bro, I used to bet soccer last time and made some money by selling tip....lol. Never bet soccer for long time liao because this game almost sure lose if play for long term.

Huat ah!

joseeng      ( Date: 06-Oct-2013 18:16) Posted:

Bro, I believe u also used to bet on soccer?

Stockcham      ( Date: 06-Oct-2013 16:50) Posted:

Bro, my previous debt not all from broking. Lose money go borrow from friends, relatives, insurance company etc. Pay for losses n hold some counters. Use the scripts (last time got scripts) as collateral n get loan from finance company n buy again. Then margin call comes in, so borrow again to top up. Top until cannot top up. So sold everything take back $100. Those were the days....young so impulsive. ..hoot n hoot....lol


 
 
medivh
    07-Oct-2013 00:19  
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There are many good warnings after last friday.. one guys say lost nearly 200k nearly wan to die..

  another one say key wrongly cause broker force him to key in..

  Play Contra is so dangerous.. its almost akin to putting lil bro to every hole u see and hoping u wont get aids/VD, just because you think  only go in and out very short while, low risk high satisfaction... (," )

  Really DON'T RISK IT ALL playing contra, DYODD also means DEFEND YOUR OWN DI DI. (" ,)

SFGuyRuleZ      ( Date: 06-Oct-2013 00:07) Posted:



Contra can be really fun and addictive, and can also allow one to earn lots of money out from nothingness. However, it can also allow one to lose more than he/she can afford. True that some traders are really good and can earn alot from contra, but this kind of " game" is really too dangerous for most people. Therefore, in my own humble opinion, even if one is very good in contra, he/she should never promote or emphasize the merits of contra as it is just too dangerous. The gambling addiction will start once a person loses money, and he/she wants to contra more and cover back their losses. Even for those who are really good and can easily win alot from contra, they will have the idealogy that riches come easy. Some may not even want to work for the rest of their life. If everyone just stay at home to contra, what will this world and the economy become?

But, I do admit that sometimes, playing contra just abit as a healthy and leisure form of gambling is really alright, like what some said - to earn kopi money. Furthermore, playing with a stop loss and being not greedy, it should really be fine. But trying to make a living out from contra and to get rich super fast is just not too right, in my opinion.

You are right when you say that the longer you keep, it doesn't mean the more you make. When back to investing, one should always ask himself/herself the intention in the first place why he/she invested that sum of money in the stock. Is it for capital gain? Or is it for dividend yield? What prospects or fundamentals did he/she see in that business that one is able to invest that sum of money in it? If the fundamentals of the business have changed, whether higher debt, poorer earnings, competitors, outdated technology, overall bad market outlook, lousy management, etc..., and they are no longer in line of what you see when you first invested, one should always start to sell and look for other better opportunities. Having said, for investing for long term, it is always better to invest in companies that are undervalued and gives dividends. For capital gain and growing companies that does not give dividends or that give low-yield dividends, and their earnings are already stable for many years with limited growth, one can then valuate them according to their dividend yield and risk or debt level. If the yield is too poor despite being cash rich and stable earnings, I would also sell for I no longer see the value in that company. Blue chip companies in general give about 3 - 4% dividend yield.Not here to challenge anyone, but after yesterday's bloodbath and some of the new threads here in SJ, I can't help thinking of myself and another older friend of mine who once also contra, trying to get rich fast. I even went to the extreme of tapping into my credit and cashline limits to tank my losses. When you contra, you really do not have the holding power and market is always uncertain. And you can never gauge how market reacts to certain news, or when some news suddenly pop out. I am lucky to lose only a little before I wake up. Anyway I am also not here to preach, and I am actually only 26 (turning 27 this year), despite from some PMs that people thought I am already very old. I don't dare to say I know alot about stocks and investing, but I have taken an interest in investing since young and have done paper trades before I started real investing. I am also lucky to have my uncles who are businessmen  and taught me alot about shares and investing. So this is just to share a little about me also, if that matters. Cheers!! =)

Stockcham      ( Date: 05-Oct-2013 08:01) Posted:



Bro, I've mentioned  in my previous post before that it depends on whether one wants to invest in stocks or play stocks. Fundamental is important if one want to invest in stocks. Anybody who are in the market can see that in a bull market, counters without fundamental can move a lot while many  good fundamental counters do not move as much. You can see that fundamental becomes secondary in a bull market. So if one wants to play stocks, we should follow the flow so that we can makes money. But of course when market starts to correct, the reverse will happen. Those without fundamental will likely die first and can die jialat jialat. I'm not an investor. I'm a short term player and so I follow the flow and analyze what BBs going to do next with the help of TA. I don't focus too much on how good a company is. You can see that even I'm a short term player, how come I don't touch Liongold, Blumont and Asiasons, and never mentioned in my thread to share with bros & sis when it chiong and chiong. From the way it moves up, can see that these are  very risky counters to touch. How can they worth that price. One need to have some knowledge and skill  no matter whether we play stocks, mahjong, sports or anything else. If don't have, hard to win. That's why I tried to share what I know. Even though I'm still not good enough, at least peoples pick up some skill to minimize their loss when they started to play stocks. Many will advice not to play contra. This is definitely good advice. But in realistic, many peoples will still play contra even if they are investing. At the end of the day, one have to do anything within his/her own limit. Just like in doing business. One can own a very good business making very good profit. If he is too greedy and want to expand his business too fast outside his limit, then his good profit business may also toh if it doesn't go his way. In stocks trading, we buy during a bull market but we also need to know how to sell when market turn against us. If you have been reading this thread regularly, you may realize that recently I started to post about signs of correction. Bros and sis who PM recently, I didn't ask them to buy anything. Most of my advice is to ask them to sell.

Come back to fundamental. If I want to invest  a counter, then fundamental and Fund's interest in the counter will be my priority.  I don't believe in picking up shares when it has run so much during bull market unless the shares worth much more than the current price. That's the reason why many peoples kena stucked at high for many years. Investing in stocks is not about buying a counter and keep long long.  It doesn't mean the longer you keep you make money. When the company performance startst to drop, it is time to sell. In my opinion, the best time to pick up shares is during the bear market when very good fundamental drop too low.

Just my thoughts!

Huat ah


 
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