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Favorite money making stock and taboo ones
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lglg666
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11-Nov-2013 18:07
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This morning I bought 100 Viking at 13....then it again triggered my reserve at 12.3, making my ave cost for the 200 at 12.7. | ||||
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lglg666
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11-Nov-2013 08:59
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Wah....solid. Will learn more from u bro. Thanks a million
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new6ie
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11-Nov-2013 07:35
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Trading in US markets could be in stocks, futures, ADRs, ETNs,ETFs, ishares, proshares, currency shares, gold shares, silver shares, oil and gas, banks, commerce, you name it, and all the sectors are very actively traded. You don't need to have big money to trade in US stocks, an account of US$1000 or $2000,or 5000 or 100,000 depending on your risk appetite. You can buy as little as 10 shares of a counter and the commission is relatively cheap (compared to Sg mkt brokerage fees).   And you can even buy an option for as little as a couple of hundred dollars. Say you think a counter, eg Bank of America, may rise or fall in the future, say around April 2015, you can buy a call option or a put option at a strike price that you feel the counter will go to before the date.   Your only risk is the option money, and if you think you made a mistake, you could sell off the option anytime and take back your investment with a profit or a loss, anytime. But if come anytime before 2015 that the bank traded $10 to $20 difference from your strike price, in the money option may profit you $10 to $20 or more depending on the intrinsic value of your options. It is very easy. Trading is also online, and deposit and withdrawal of funds to and from USA is within a day or two.   To avoid currency fluctuations, go to the local bank and open a US dollar current or savings account.   Then you apply for a trading account with any US brokerage that you can ask around for, or check the internet. Using the funds in your US dollar acct, you can send or receive money from the brokerages.   Just know the swift code of the bank and thats it, you can begin your journey to make big money in the US market.   A word of caustion, don't use local brokerages to trade your US stocks because they share some 50% of your profits in most counters, but if you lose just imagine how much the trades will cost you.   .    
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aysaibey
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10-Nov-2013 19:53
Yells: "Listen to the Wind. - Kungfu Master." |
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Stay on top. Its still London Singapore HongKong Shanghai. Continue the Bla Bla Bla Bla. Just dont indiscriminately scold our govt or our rulers. 
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lglg666
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10-Nov-2013 19:42
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Frankly I have not much experience with US stock so I can't comment much about them except like u said it is very much bigger than what we have here. Just like you said...looking at the 3 Blue-Asia-Lion thingy just a few BB from Malaysia can caused the SGX market to lose billions. That show the SGX market not a strong market here, easily manipulated and the authority here are just has no control to rule against the manipulations. Maybe I should learn more and try to trade there in future. Thanks for your views and thots.
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new6ie
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10-Nov-2013 18:35
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Thanks. From my experience with US trading and Sgx trading, for the last 3 years, I have found that trading in US market thro US brokers (reliable ones) are less risky than trading in Singapore m SGX.   The reasons are many.   US shares are more trending, and seldom go against a trend unlike sg stocks that may drop even if the general market is up.   Sg market is more liable to be manipulated by big shots, as it a too small compared to the US markets.   The US don't have a GIC for example to trade stocks with you, and compete with you for the same dollar to be made. When " sovereign funds" short, we are finished, and when they buy, we might be too late to enter. In the US even WB won't be able to control the market. My thoughts along this line might be wrong, but I really felt this way. Cheers. 
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lglg666
Veteran |
10-Nov-2013 16:04
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Yes....does made sense due to the fact that the market there is huge compared to SGX here. For us here, at times the SGX market does feel like it's dead on the water. But if you trade during certain time, you can still be profitable without the currency risk and staying up late to monitor the trades. Thanks for your comment and sharing it here!
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new6ie
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10-Nov-2013 13:18
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Why many people prefer to trade in the US market than to trade in SGX Singapore? I found the answer here:   http://sgtalk.org/mybb/Thread-Why-many-Singaporeans-prefer-US-stock-market-to-SGX The reasons given are quite valid.   Take a look!!  |
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lglg666
Veteran |
10-Nov-2013 10:03
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With the latest job report out of US last Friday....could that be the signal for the start of the annual run up we see almost every year during this period. The great Xmas and CNY races for the stock market the world over, me....just interested in what happen here in SGX. So for starters to this year's race, I'm going to jeep my money on Viking and Hyflux while holding on to what I already held eg Rosy and warrants, Wilmar and awtg for issue for bonus Maxi-cash and rights/warrants for GRP. Last 2 to make up for loss for sales of mother shares/subscription. | ||||
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lglg666
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10-Nov-2013 08:48
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Frankly only on hind sight....I can only say I should have done this and that. No body actually know for sure what is the outcome the next couple of minutes from now. There is a famous Cantonese saying "known earlier then there won't be any beggars on the street". Who want to be a beggar....if one can help it? | ||||
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lglg666
Veteran |
10-Nov-2013 08:41
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My recent hit/run punts....just 100 and I did made nice returns eg Asiason from 11 to 25 cts ( time taken - by the time i returned home after went to buy at broker ) and Viking from 10.3 to 12 ( time taken - by the time I finished posting a couple of threads here ). The crazy part was I missed out the meatier profit for both, still it's good money. Was wondering if I buy more what would be the outcome for both leh? Or if I don't put in the SL/TP order what would be the outcome then? So with these experience...there is always like a limit for things that I can profit from...any more greed, I end up suffering. Ok....with this said come tml I will buy 100 for Viking first thing it opens trade. Hope to control my greed and fear emotions...to win the first thing to keep under control is this emotion "greed n fear". :) | ||||
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lglg666
Veteran |
10-Nov-2013 08:20
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Oh....I forget to add, for my own experience I also notice that for certain stocks I have a vesting limit. Eg for Wilmar....it's 50 lots max and if I added more the price would start to lau sai for me. Funny but it's real for me lor. Recently for Rosy, as same. When I kept mine max to 300 it is fine but once to added to over to 500 just for the free warrants thingy it went south. Shit...worst was when warrants came out, too clever went to add more and end up I was ave up...my cost per share went up, quite a silly thing to do. Now every ct movement is a 5 digits sum to my acc just a crazy feeling too ( shiok when it goes up, shitty when it goes south ). Now also my whole money management is completely screwed up and recently when Rosy and son were at the 26.5 and 11 cts level, I was feeling like I was in a sinking boat even when my total cost was just off by a few pips. Worst was i have sold off others at a loss to stand by for more dry bullets to pick up more warrants to ave down the cost for what I added earlier. Lucky with last Friday close...my total cost is just a few pips off. No choice but to sell some into strength to prevent a heart attack and to rebalance my money management plus to spread my risk management. Now it's near 75% just for Rosy and warrants, 15% for Wilmar and GRP rights/ warrants subscription with just 10% as stand by for daily exp plus stand by. This whole situation happened due to my blind faith in this PL/RSP/Sultan story and my stubbornness to hold on to my original money management allocation but instead to continue to add and add till the whole boat is just a couple of inches above water. Frankly I can only hope that I have the strength to push the sell order soon but I will likely to push the buy order for Viking just for 100 since it didnt trigger my 12.3 level which has a buy order for 200. I had a very special love/hate relationship with Rosy to begin with for what I did. That's another long story which I did posted at other earlier threads. | ||||
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lglg666
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09-Nov-2013 21:21
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Guessed...it's alone having this experience with my trades. Take care and have a nice weekend | ||||
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lglg666
Veteran |
08-Nov-2013 20:40
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I took up prawning and fishing as hobby to keep me away from my pc to prevent unwanted trading. The worst thing I still got my iPhone ( and I can still trade via that. | ||||
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lglg666
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08-Nov-2013 20:35
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Even trading period I noticed is important too. Most of my winning trades are during the Xmas and CNY period or the end June period. If I only can tahan and trade during these period, I'll made lots of money. | ||||
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lglg666
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08-Nov-2013 20:31
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For HK ones....win some, lose some! But when lose....sure kena jia let one! | ||||
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lglg666
Veteran |
08-Nov-2013 20:29
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Oh....yes! S chips are also taboo to me the same as when I traded in Clob....kena blue black too. | ||||
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lglg666
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08-Nov-2013 20:27
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Does anyone believe that they will made money on some shares? Yes for me....some shares eg Yoma, Golden Agri, Noble, UIC, Ezra, Genting, Swiber and Olam. I will lose 8 time out of 10 times I buy. Even when winning at first, I somehow will end up selling with a loss. Same for some others which I will somehow make some profits 8 time out of 10 times i buy or short, even with poor or bad timing of entry of the shares eg Rex, Wilmar, Indo Agri, Tat Hong, Yanlord, Ezion and those badly beaten down ones. Do share your thots and comment if u have this experience in your trading. For forex I also got this taboo...USD/JPY sure mati. When made money time....I AWOL, when loose money time....I anyhow chiong! My favorite pair is AUD/USD. Guessed that's the way I trade. | ||||
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