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snooty
    17-Feb-2010 11:50  
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haha thanks for your valuable advice. Not to worry.. Ive been longing this counter for a long time.. so thats why my question comes about when you said you are expecting e price to go 4.14.. if so, ill go wow! hahah..

iPunter      ( Date: 17-Feb-2010 11:38) Posted:

This kind of thinking ('today' thinking) is sure to make one "pok"" easily...

One must trade strictly with one's chart, with time-frame considerations,

and not with a "cheong today" mentality... Smiley




snooty      ( Date: 17-Feb-2010 11:26) Posted:

wah u mean today u expecting the price to go up 4.14? or u mean in the near future? heheh.


 
 
iPunter
    17-Feb-2010 11:38  
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This kind of thinking ('today' thinking) is sure to make one "pok"" easily...

One must trade strictly with one's chart, with time-frame considerations,

and not with a "cheong today" mentality... Smiley




snooty      ( Date: 17-Feb-2010 11:26) Posted:

wah u mean today u expecting the price to go up 4.14? or u mean in the near future? heheh..

iPunter      ( Date: 17-Feb-2010 11:21) Posted:



4.14 will be a better shorting point...

And that's when I enter ... Smiley


 
 
CrossCrescent
    17-Feb-2010 11:30  
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lol 1148 lots up. thats alot of chakra
 

 
snooty
    17-Feb-2010 11:26  
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wah u mean today u expecting the price to go up 4.14? or u mean in the near future? heheh..

iPunter      ( Date: 17-Feb-2010 11:21) Posted:



4.14 will be a better shorting point...

And that's when I enter ... Smiley

 
 
nickyng
    17-Feb-2010 11:25  
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gee...some1 beats me to shorting that $4 mark ?!?! :~~~(
 
 
iPunter
    17-Feb-2010 11:21  
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4.14 will be a better shorting point...

And that's when I enter ... Smiley
 

 
CrossCrescent
    17-Feb-2010 11:17  
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maintain long position 4.01
 
 
CrossCrescent
    17-Feb-2010 11:09  
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a little worried by the thick market depth. so i pulled out just in case

 

although you are right "big selldown will get followed by big buy up... but buy up always half of selldown"



kingster      ( Date: 17-Feb-2010 11:02) Posted:

gd luck to u! interesting action going on... big selldown will get followed by big buy up... but buy up always half of selldown... intepret at ur own imagination haha!

CrossCrescent      ( Date: 17-Feb-2010 10:51) Posted:



heed your advice.

 

short at 4.01


 
 
kingster
    17-Feb-2010 11:02  
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gd luck to u! interesting action going on... big selldown will get followed by big buy up... but buy up always half of selldown... intepret at ur own imagination haha!

CrossCrescent      ( Date: 17-Feb-2010 10:51) Posted:



heed your advice.

 

short at 4.01

 
 
CrossCrescent
    17-Feb-2010 10:51  
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heed your advice.

 

short at 4.01
 

 
CrossCrescent
    17-Feb-2010 10:44  
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true. once heading in a wrong direction double the opposite direction

iPunter      ( Date: 17-Feb-2010 10:37) Posted:

Obviously you still didn't get the point... which is this:-

Money is be made by longing as well as shorting.

Just buying (+holding), or just selling (shorting) will  "pok!" you in no time. Smiley



CrossCrescent      ( Date: 17-Feb-2010 10:28) Posted:

seriously, did u win (overall) by shorting?


 
 
iPunter
    17-Feb-2010 10:37  
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Obviously you still didn't get the point... which is this:-

Money is be made by longing as well as shorting.

Just buying (+holding), or just selling (shorting) will  "pok!" you in no time. Smiley



CrossCrescent      ( Date: 17-Feb-2010 10:28) Posted:

seriously, did u win (overall) by shorting?

 
 
CrossCrescent
    17-Feb-2010 10:34  
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ok, gathering my chakra now to push up.

 

prepare to short bro
 
 
nickyng
    17-Feb-2010 10:31  
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of cos WIN! not juz by shorting..i did CONTRA as well...i m flexible !! :P

CrossCrescent      ( Date: 17-Feb-2010 10:28) Posted:

seriously, did u win (overall) by shorting?

 
 
williamyeo
    17-Feb-2010 10:30  
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Are u NATO.

nickyng      ( Date: 17-Feb-2010 10:19) Posted:

wait for me there! i will start shorting at that level ! :P

CrossCrescent      ( Date: 17-Feb-2010 09:56) Posted:

today target price: $4.12


 

 
CrossCrescent
    17-Feb-2010 10:28  
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seriously, did u win (overall) by shorting?
 
 
nickyng
    17-Feb-2010 10:19  
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wait for me there! i will start shorting at that level ! :P

CrossCrescent      ( Date: 17-Feb-2010 09:56) Posted:

today target price: $4.12

 
 
iPunter
    17-Feb-2010 10:18  
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People do have the choice not to go "pok!" (and it's so easy to go "pok!" with stocks).

By thinking that stocks will always go up, regardless of time-frame, they will staunchly remain in long positions indefinitely.

And this is the cause of them going "pok!", which includes so-called 'paper losses'

A loss is a loss... it is a loss in real terms...  it is real!


There's really no such thing as a 'paper loss'.
 
 
kingster
    17-Feb-2010 10:10  
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haha u are wrong in one sense, who will choose to go pok???? just that some people become too greedy and never do enough homework. of course the market goes up and down, else how can pple make money? it is impt to make sure that you research enough to do the best bet with all the information you have.

iPunter      ( Date: 17-Feb-2010 09:41) Posted:



Hindsight or not, is another matter...

But common sense will tell one that the market goes down as well as up ...

And this knowledge alone should be enough to prevent anyone from going "pok!".

But sadly, too many choose to go "pok!"... hehehe... Smiley

 
 
CrossCrescent
    17-Feb-2010 09:59  
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long at 4.01
 
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