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U know, in this market being a remiser in STI makes no sense.

  I rather just be happy earning my rent 

eastcivic      ( Date: 19-Aug-2011 00:21) Posted: i'm ok la..... still learning TA and trying to improve.... the last time i heard from you, you were training to be a remisier..... so now switch to real estate agent? or are you doing both? BullishTempo      ( Date: 19-Aug-2011 00:19) Posted: Hi east, I am good man !!! I know you are doing good too yeah?   :-)

 

If one's trading style has a built-in defensive mechanism,

      it will work out well in the long run. Thus if one shorts only

            at ripe juicy-juicy peaks, one's returns are maximised,

            and optimised. In any case, one's losses, if wrong are 

                          always  minimised by the application of the S/L... 

rotijai      ( Date: 19-Aug-2011 00:12) Posted: no.. we should have the balls to short at the juicy peaks.. not having the balls to short when dow jones already dropped more than 400 pts.. alexchia01      ( Date: 19-Aug-2011 00:10) Posted: This is the time where you anyhow short, will also make money. So have some courage and short big big. It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big.

 

Np! but i tried the reverse and it works i.e. enter higher than market price and it fills the position with the cheapest price :)

alexchia01      ( Date: 19-Aug-2011 00:30) Posted: Sorry, I don't know. forgot2bme      ( Date: 19-Aug-2011 00:12) Posted: Sifu alex can u advise if i open CFD short at say a ridiculously low price of $1.40.. Will it fill the first highest position of selling price?

 

Sorry, I don't know.

forgot2bme      ( Date: 19-Aug-2011 00:12) Posted: Sifu alex can u advise if i open CFD short at say a ridiculously low price of $1.40.. Will it fill the first highest position of selling price? alexchia01      ( Date: 19-Aug-2011 00:10) Posted: This is the time where you anyhow short, will also make money. So have some courage and short big big. It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big.

 

This fall would last at least 1 month.

We are just 2 weeks into the fall, there are 2 more weeks to go.

You may think this is the bottom already, but to me, this is just the half way mark.

I short when I know the market is going to fall further, not at the peak.

If the market is at the peak and I know the market is going to climb higher, I would still Buy more, not short.

There is no peak or bottom in the market, only market going up or going down.

rotijai      ( Date: 19-Aug-2011 00:12) Posted: no.. we should have the balls to short at the juicy peaks.. not having the balls to short when dow jones already dropped more than 400 pts.. alexchia01      ( Date: 19-Aug-2011 00:10) Posted: This is the time where you anyhow short, will also make money. So have some courage and short big big. It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big.

 

i'm ok la..... still learning TA and trying to improve....

the last time i heard from you, you were training to be a remisier..... so now switch to real estate agent? or are you doing both?

BullishTempo      ( Date: 19-Aug-2011 00:19) Posted: Hi east, I am good man !!! I know you are doing good too yeah?   :-)  eastcivic      ( Date: 19-Aug-2011 00:10) Posted: OMG!!!! BT you are back!!! long time no SEE!!!! how are you?

 

Hi east, I am good man !!!

I know you are doing good too yeah?   :-) 

eastcivic      ( Date: 19-Aug-2011 00:10) Posted: OMG!!!! BT you are back!!! long time no SEE!!!! how are you?

 

Sifu alex can u advise if i open CFD short at say a ridiculously low price of $1.40.. Will it fill the first highest position of selling price?

alexchia01      ( Date: 19-Aug-2011 00:10) Posted: This is the time where you anyhow short, will also make money. So have some courage and short big big. It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big. rotijai      ( Date: 19-Aug-2011 00:04) Posted: yea.. tat's y i didnt have the balls to short more earlier today.. hehe thanks master BT

 

no.. we should have the balls to short at the juicy peaks..

not having the balls to short when dow jones already dropped more than 400 pts..

alexchia01      ( Date: 19-Aug-2011 00:10) Posted: This is the time where you anyhow short, will also make money. So have some courage and short big big. It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big. rotijai      ( Date: 19-Aug-2011 00:04) Posted: yea.. tat's y i didnt have the balls to short more earlier today.. hehe thanks master BT

 

for some, it'll be a beautifiul day

iPunter      ( Date: 19-Aug-2011 00:09) Posted: That's true... All European markets are down nearly 6%...     Dow should close very badly too..Tomorrow will be a                 sheet day for Asian markets...  forgot2bme      ( Date: 19-Aug-2011 00:04) Posted: Good luck to all those who are still holding long positions... Tomorrow will be another round of massive sell down..

 

This is the time where you anyhow short, will also make money.

So have some courage and short big big.

It's really funny, if this is the opposite, where market is Bullish, everyone will have the balls to Buy big big.

rotijai      ( Date: 19-Aug-2011 00:04) Posted: yea.. tat's y i didnt have the balls to short more earlier today.. hehe thanks master BT! BullishTempo      ( Date: 19-Aug-2011 00:02) Posted: Nothing to say about CityDev, not into it.   But you are right about the initial bounce after a strong gap-down.   Anyway just be careful these days....

 

OMG!!!!

BT you are back!!!

long time no SEE!!!! how are you?

 

That's true... All European markets are down nearly 6%...

    Dow should close very badly too..Tomorrow will be a

                sheet day for Asian markets... 

forgot2bme      ( Date: 19-Aug-2011 00:04) Posted: Good luck to all those who are still holding long positions... Tomorrow will be another round of massive sell down..

 

Good luck to all those who are still holding long positions... Tomorrow will be another round of massive sell down..

 

yea.. tat's y i didnt have the balls to short more earlier today.. hehe

thanks master BT!

BullishTempo      ( Date: 19-Aug-2011 00:02) Posted: Nothing to say about CityDev, not into it.   But you are right about the initial bounce after a strong gap-down.   Anyway just be careful these days....  rotijai      ( Date: 18-Aug-2011 23:46) Posted: i guess the key is still not to overtrade.. always reserve some bullets.. but if the neckline is broken, i guess worth taking the risk uh ? wat do  u think of citydev? normally a strong gap-down will tend to have a small bounce for the first 5-10 mins before going down again.

 

Nothing to say about CityDev, not into it.

  But you are right about the initial bounce after a strong gap-down.

  Anyway just be careful these days.... 

rotijai      ( Date: 18-Aug-2011 23:46) Posted: i guess the key is still not to overtrade.. always reserve some bullets.. but if the neckline is broken, i guess worth taking the risk uh ? wat do  u think of citydev? normally a strong gap-down will tend to have a small bounce for the first 5-10 mins before going down again.. BullishTempo      ( Date: 18-Aug-2011 23:42) Posted: Tomorrow bound to have a strong gap-down at 9am.   So just be careful whether or not to short when market opens.

 

U are now an agent??? Buy/sell houses??

BullishTempo      ( Date: 18-Aug-2011 23:47) Posted: I am into real estate now, not really trading much... Too freaking volatile lately

 

This bugger will drop to 1.5 and may have more room to drop further to 1.3....

rotijai      ( Date: 18-Aug-2011 23:46) Posted: i guess the key is still not to overtrade.. always reserve some bullets.. but if the neckline is broken, i guess worth taking the risk uh ? wat do  u think of citydev? normally a strong gap-down will tend to have a small bounce for the first 5-10 mins before going down again.. BullishTempo      ( Date: 18-Aug-2011 23:42) Posted: Tomorrow bound to have a strong gap-down at 9am.   So just be careful whether or not to short when market opens.

 

I am into real estate now, not really trading much... Too freaking volatile lately  

 

i guess the key is still not to overtrade.. always reserve some bullets..

but if the neckline is broken, i guess worth taking the risk uh ?

wat do  u think of citydev?

normally a strong gap-down will tend to have a small bounce for the first 5-10 mins before going down again..

BullishTempo      ( Date: 18-Aug-2011 23:42) Posted: Tomorrow bound to have a strong gap-down at 9am.   So just be careful whether or not to short when market opens.  rotijai      ( Date: 18-Aug-2011 23:37) Posted: i am good.. so glad tat i am on the right track on this market.. i covered all my shorts today and opened half later today.. just imagine if i didnt cover all shorts.. zz crap tmr gonna wake up at 8 to get ready for 9 action.. a few counters like citydev and wilmar are at brink of breaking their neckline.