Latest Forum Topics / Genting Sing Last:0.875 +0.005 | Post Reply |
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iPunter
Supreme |
07-Dec-2010 13:25
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But the real underlying problem is this - People have high hopes... They say, "how to become rich if one doesn't 'mau'? They don't want to waste a lot of time just getting 'kachang-puteh' or 'ikan-bilis' profits... |
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Gaecia
Elite |
07-Dec-2010 13:24
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whey, i never mau okay & never had margin calls before. normally i topup to minimum 150% level so that i don't end up in anxiety.
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bladez87
Master |
07-Dec-2010 13:21
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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GAR testing resistance so fast for second time. was not even consolidation period. if it breaks .76, i doubt it will really hold for long? am i right? normally people fail resistance once, will consolidate a while then try again. GAR ytd and today pushing .76. |
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eastcivic
Elite |
07-Dec-2010 13:19
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yes.... very dangerous to 'mau..... not my type :D
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Gaecia
Elite |
07-Dec-2010 13:19
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The minimum sum to open the a/c was $500 deposit for cityindex. When i actually start off with placing trades i had to topup once in order to use it & another time to up the margin when bear attack post Q3. When i make a comparison, i find success rate is alot lower on my cfd mm a/c than my normal poems cash a/c. Its mainly the brokerage hours, the prevailing buy/sell price at 1cent premium for every lot compared to DMA which complicates my stops which i place on every trade.
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iPunter
Supreme |
07-Dec-2010 13:16
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You get the idea... Do not "mau", unless your account is big enough for you to "mau" ...
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eastcivic
Elite |
07-Dec-2010 13:09
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yes, if you have 10k in your CFD account, just use about 6k to trade. then you should not receive margin calls :D
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icetomato
Elite |
07-Dec-2010 13:01
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I'm using stone age Poems cfd. Haha. Not great but I can still live with it at the moment. No top-ups yet as most luckily bought at relatively low prices. Or you can don't use up all the limits.
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iPunter
Supreme |
07-Dec-2010 12:48
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You must never top up your margin account. What I mean is, you should open an account with a fixed amount of money to cover all eventualities. You are responsible to ensure that you run up this account. If you deplete this account as you go along, you must then adjust your trading such that you still do not need to do any topping up. The idea is to blow that account first. After which you may open another account as you have initially done, and have another crack at it...
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eastcivic
Elite |
07-Dec-2010 12:45
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for singapore shares..... comm = 0.15% finance = sibor +/- 2.5%
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Gaecia
Elite |
07-Dec-2010 12:38
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hi eastcivic, can u let me know your comms and finance charges with ig market? Thank you! I seriously need to switch my platform for those short term trades. mf global i dun like.
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eastcivic
Elite |
07-Dec-2010 12:34
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I share your sentiments. I used to trade with city index. but i now trade with ig market. quite happy with ig market because they use Direct Market Access model.
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firewood
Master |
07-Dec-2010 12:26
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If pacman comes to the rescue
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Gaecia
Elite |
07-Dec-2010 12:26
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Tomato, how's your experience with your cfd a/c? I find myself having to topup the a/c, twice over to date le just to maintain abv 150% margin level. I deploy minimal trading on cfd as i can (mostly cash trade) because with the margin nos. hanging on top screen really stresses me out, a sure fire way to lose $ like that. Plus cityindex really quite sucks, its market marker and opening time lags like 1-2 mins at opening and after lunch break. Its so difficult to catch opportunities althou don't hav to q for orders. Oky i'm done with ranting..
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ShareWithMe
Veteran |
07-Dec-2010 12:25
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Anybody looking at GAR. Looks like a lot of buying up at 0.76c . Think today GAR is going to break 0.76 | ||||
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firewood
Master |
07-Dec-2010 12:24
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Tikam SAR only.
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funtrading
Member |
07-Dec-2010 12:23
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firewood, so did you buy anything this morning for contra ? didnt enter Noble as it seem stagnent and too bad, its too late to enter Genting SG now.
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iPunter
Supreme |
07-Dec-2010 12:12
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Many sold, and many bought... thus, profits all-round...
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firewood
Master |
07-Dec-2010 12:12
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Contra T+5.No finance charges
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firewood
Master |
07-Dec-2010 12:11
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Contra T+5, no finance charges
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