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 STOCK MARKET DISCUSSION V99, Don't miss out buying time

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ngaisteve1
post Sep 26 2011, 04:33 PM

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check in. aiya. seem no 'discount' dy.
ngaisteve1
post Sep 26 2011, 04:37 PM

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QUOTE(ken_ng @ Sep 26 2011, 05:35 PM)
o...but i think none of them will know which broker house orders will be the 1st accepted by Bursa if everyone of them place the sell orders at the same time.


Added on September 26, 2011, 4:36 pmthose who bought TIMECOM sure very full dy...some1 keep throwing the shares @ 0.435...
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ken, u found any gem today?
ngaisteve1
post Sep 26 2011, 04:47 PM

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QUOTE(ken_ng @ Sep 26 2011, 05:45 PM)
no woh. I will stay sideline and accumulate bullets 1st coz the market seems like a very geng roller coaster. How bout u?
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did send 2 orders but tak dapat. u can imagine how low is my q price hehe...but it's ok la...maybe tomoro another round brows.gif
ngaisteve1
post Sep 26 2011, 09:15 PM

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QUOTE(danmooncake @ Sep 26 2011, 09:55 PM)
The key to play this game is not how well you can hold the pain.

This game is NOT for the novice. It is no longer for the aunties and uncles where they can
hoard around the remisier counters or nowadays trading forums and ask for tips on what to buy, and "hope" for profits later.

The big boys know how much stocks they've sold, how much pain the small guys can hold and how much money at stake.
When the market turns against them, little guys just throw up and ran away and never come back. Like I'm seeing most players here in this forum.

Like I've said over and over again..it is how to manage your risk.  whistling.gif
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danmooncake, may I know your view on klci outlook this week? notworthy.gif
ngaisteve1
post Sep 26 2011, 10:55 PM

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QUOTE(Veda @ Sep 26 2011, 11:45 PM)
Since I'm the only one so far who posted about cutting loss in this new thread, are you saying I'm a newbie and not steady?  vmad.gif
Haha, just joking. I'm not offended  tongue.gif

But FYI, cutting loss can be a smart thing. Even before August, I'm already more cash than stocks. Cutting loss my remaining stocks, painfully though it is, is a strategic move to free up money to buy better stocks at cheaper prices later on. Nothing panicky about it, although I do lose sleep last 2 days. Of course, the market could rebound tomorrow and go up non-stop until 2000..... who knows? I made a calculated move and it could either back-fire or reap me great rewards.

Other people have their own strategy. There is no right or wrong - there are many ways to make money.
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It's true those who cut loss doesn't mean they are newbies. I wish I learn n forced myself to apply this important discipline much earlier. Also wish we have trailing stop loss just like the US market. So, it automatically force me out when things do go the way I want it to.

But thinking back, my entry and strategy in the first place also not a good one already for my 2 current trapped counters. Gotta just learn from mistakes smile.gif

This post has been edited by ngaisteve1: Sep 26 2011, 10:59 PM
ngaisteve1
post Sep 27 2011, 08:46 AM

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beware of the early selling high trap. smile.gif
ngaisteve1
post Sep 27 2011, 09:04 AM

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Up too fast already hmm....
ngaisteve1
post Sep 27 2011, 09:16 AM

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QUOTE(gogo2 @ Sep 27 2011, 10:13 AM)
icon_question.gif  I just enter into trap. LOL. I bought Maybank. Huzzah.

Hopefully you're right. I'll be topping up Maybank at RM6.
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u bought maybank just now?
ngaisteve1
post Sep 27 2011, 09:58 AM

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QUOTE(danmooncake @ Sep 27 2011, 10:55 AM)
Come mon bulls.. show us what you got...

The bears are laughing at you!!!  biggrin.gif
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danmooncake, is our weak currency the culprit?
ngaisteve1
post Sep 27 2011, 10:10 AM

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QUOTE(firett @ Sep 27 2011, 11:04 AM)
our weak Ringgit is one of the culprit BUT not the main reason
too many to list..........
anyway....just "enjoy" the "rollercoaster" ride first
let it stabilize
like I've just mentioned......
this is a trader's heaven......
they "in-out" so many times and so many counters
to them this is "nirvana"
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ya professional trade like danmooncake fat jo during all this volatility. but he only cari makan from US market. biggrin.gif
ngaisteve1
post Sep 27 2011, 10:55 AM

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QUOTE(cherroy @ Sep 27 2011, 11:26 AM)
Enough for me to cash out the index futures.
Earn some biscuit.  rclxms.gif
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Teach me futures biggrin.gif
up or down also got biscuit biggrin.gif

This post has been edited by ngaisteve1: Sep 27 2011, 10:57 AM
ngaisteve1
post Sep 27 2011, 11:07 AM

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QUOTE(Bonescythe @ Sep 27 2011, 12:04 PM)
If suddenly go reverse direction 70 points.. That time really need to see whether underwear still intact or not
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they say can put auto stop loss to prevent lossing pant one.

QUOTE(Cherroy)
This is risky, I only dare to play 1 lot yesterday.
Can lose pant one.
lol. Now minimum how much per contract?
ngaisteve1
post Sep 27 2011, 11:12 AM

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QUOTE(Bonescythe @ Sep 27 2011, 12:09 PM)
Cannot stop lose lar.

You buy today.. Tomorrow opening at negative 70 straight away. How to stop loss?
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ya ho. one bang like this already Rm3500 if one point.
ngaisteve1
post Sep 27 2011, 11:16 AM

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QUOTE(mopster @ Sep 27 2011, 12:12 PM)
Minimum raised to 5k per contract.. (used to be 3k) and u need to top up $$ if u die die dun close...
the money parked in it doesnt earn u interest.. unlike trust account... of course as an alternative, u can make payment everytime u buy through online banking or running to the bank..

KLCI future is RM50 per point
FCPO is Rm25 per point..
if u are a gambler.. FCPO is more exciting lol....

plz correct me if i'm wrong..
me still dun have future account.. considering to get 1 for hedging and "learning' purposes... laugh.gif
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which one u plan to get? KLCI or FCPO? brows.gif
ngaisteve1
post Sep 27 2011, 11:28 AM

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woohoo, my portfolio green at last with average +4% today. Go,go,go! PARAMON and SAPIND. And hopefully good quarterlies for SAPIND. Should be coming already.
ngaisteve1
post Sep 27 2011, 12:27 PM

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QUOTE(flamestudio @ Sep 27 2011, 01:25 PM)
CI slowly bocor?
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Today should be decent green just like the rest of the index in Asia.
ngaisteve1
post Sep 27 2011, 01:28 PM

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how's our KLCI volume so far today? More than yesterday's volume already?

QUOTE(gogo2 @ Sep 27 2011, 02:28 PM)
eh, I tot during bull, many make noise. Example is today. Many  make noise. Saying they bought yesterday. Ho ho ho.

But during bear time, wah, cannot see anyone saying they buy also ler..  icon_question.gif
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silent sharks rclxms.gif

This post has been edited by ngaisteve1: Sep 27 2011, 01:30 PM
ngaisteve1
post Sep 27 2011, 02:01 PM

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QUOTE(danielc156 @ Sep 27 2011, 02:57 PM)
HSI + 508 (2.88%), Japan +195 (2.33%), Germany future +108 (2.02%)......2nd session Huat ah!!!!!!!!!
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That's nice. Hopefully my portfolio can recovered +10% each today! rclxms.gif
ngaisteve1
post Sep 27 2011, 02:39 PM

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Jakarta +4.67%
Hang Seng +3.05%
Seoul +5.02%
Taiwan +3.09%
Nikket +2.82%

Power!
ngaisteve1
post Sep 27 2011, 02:51 PM

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QUOTE(noswear @ Sep 27 2011, 03:47 PM)
is not meaningless.....it is a meaningful event...

WHY:
It creates:
1) LOSER - Those who chicken out yesterday...sold their stock.......but today they see the stock price recover.....so become a loser...tat sold low yesterday....

2) WINNER - those who sai lang yesterday makes tonnes of money....

3) SIDELINE - those like me n you....sitting infront pc..monitoring...but didnt do anything....get to watch nice show.....SYOK!!!!
so tell which side were you???
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no la, no one knows the futures one la. if i know today up so much, i already sai lang yesterday lo.
imagine if today down another 2%, the above WINNER = LOSER and LOSER = WINNER smile.gif

This post has been edited by ngaisteve1: Sep 27 2011, 02:52 PM

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