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We hldgs
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alvinkho89
Senior |
02-May-2013 14:12
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hi terencee... i am going for real short trade like few pips and unload. i've long several counters and profiting a little bit. now i want to try going for short since i see red in my watchlist like rowsley, GAR, FEHT. i do not quite get how do you actually see the opportunity to enter to short. any tips ?? :D
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terencee
Master |
02-May-2013 14:09
Yells: "I don't entertain trolls." |
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do not short when its nearing to closing. You might nt be able to cover in time when people are covering. You will lose more than you can actually win.    newbies should not learn how to short. start by going long.  |
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alvinkho89
Senior |
02-May-2013 14:04
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actually how do you short when people who short are covering their positions? u mean shortist will want to short this counter so that it closes low?
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LoveToInvest
Veteran |
02-May-2013 14:02
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Wait for share buy back then short in late afternoon 4.30 pm, Mayb at 0.093
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alvinkho89
Senior |
02-May-2013 13:45
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anything above 0.090 is not advisable to enter? sorry i am a humble newbie here learning from you guys here.
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LoveToInvest
Veteran |
02-May-2013 13:44
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Yes
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alvinkho89
Senior |
02-May-2013 13:39
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meaning i am right to say that 0.090 is the support level? once support level break its heading downwards?  in the morning i shorted at 0.086 and covered at 0.085 luckily i keyed in the pricing to buy back straight after i sell. thats was a close shave.
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LoveToInvest
Veteran |
02-May-2013 13:36
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It's 0.088
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alvinkho89
Senior |
02-May-2013 13:35
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what would be a nice range to short ? its nice to see advices coming in. thanks alot buddies
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LoveToInvest
Veteran |
02-May-2013 13:34
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If drop 0.08 short.. If before closing 30 mins if happen it go up 0.092 then short it but covering must be before 5 pm closing .. Just 2-3 pips earning kopi $$
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terencee
Master |
02-May-2013 13:33
Yells: "I don't entertain trolls." |
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I would suggest not to short WE at this point of time. Should shorts covered(we dont know if they have covered or not) its at least 2-3 bids up. You shorting near 90s will be like sending money in an envelop sealed nicely to them with a " Thank you card"
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alvinkho89
Senior |
02-May-2013 13:31
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hi bro... it seems like 0.090 is the support? means short pricing is either 0.088 or 0.092? thanks bro for your advice
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LoveToInvest
Veteran |
02-May-2013 13:28
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Highest price key in
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LoveToInvest
Veteran |
02-May-2013 13:26
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Not safe yet , if want to short wait 0.088 or 0.092 ... either price ..don't move first cos later short covering..but 2-3 pips different..Key in first always
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alvinkho89
Senior |
02-May-2013 12:51
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Hi guys.. is it safe to short WE holdings at 0.090 now?
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terencee
Master |
02-May-2013 12:23
Yells: "I don't entertain trolls." |
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Shorters seemed to be testing the support. LOL.. 90 should be safe to short now but cover in 1-2 bids already/ | ||||
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LoveToInvest
Veteran |
02-May-2013 12:20
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True not 3 or 4 that's why I earn abit kopi $$$ not 3 pips or 4 :)))
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LoveToInvest
Veteran |
02-May-2013 12:07
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Going for a short soon
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terencee
Master |
02-May-2013 11:55
Yells: "I don't entertain trolls." |
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90 seemed a little weak. I don't have depth so can't judge how much lower it can get. But I would assume that once 90 is broken, it might go down fast. I'm not a shortist. So I won't take such opportunity. Call me stupid but I prefer to long counters now and earn my money from shortists.
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LoveToInvest
Veteran |
02-May-2013 11:46
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Looks weak WE Hldgs even buy back...Hmm u are right , this period doubt it will go 99.... It's a short call still..lets see if it break88 will double up
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