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Yuuzoo Corp - The Rise
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Tomique
Master |
07-May-2013 08:18
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" Cut loss" is a wrong word to use in trading. When one has long position and the market is trending downwards, selling all or portion of the long positions as it trends down will do more good than harm if your intention is to buy back at a lower price. If one has good research of a company and confident of it moving upwards in the near future (weeks or a month or two) by selling first, and buying back, he is actually reducing his original buy prices on average. For example, if you have bought contel for 10 cents, and when it started to drift downwards you sold it at 9 cents but bought back at 7.5 cents, your average price will be 8.5 cents ([10+7.5]-9). Suppose you bought twice as much at 7.5 cents, your average will be 8 cents ([10+15]-9]). The more you buy at the lower prices, your average buy price will be reduced. The brokerage commission is not included.
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Moomooland
Member |
06-May-2013 18:06
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Thanks for the correction. I'm not so arrogant to be a noob.
True blue newbie in this case :)
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mlfbac
Veteran |
06-May-2013 18:03
Yells: "Make Life Fun But Always Considerate" |
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From the urban dictionary: II. Defining 'Noob' Contrary to the belief of many, a noob/n00b and a newbie/newb are not the same thing. Newbs are those who are new to some task* and are very beginner at it, possibly a little overconfident about it, but they are willing to learn and fix their errors to move out of that stage. n00bs, on the other hand, know little and have no will to learn any more. They expect people to do the work for them and then expect to get praised about it, and make up a unique species of their own. It is the latter we will study in this guide so that the reader is prepared to encounter them in the wild if needed. Try not to use the word 'noob' unless you meant it as above. Cheers. |
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terencee
Master |
06-May-2013 17:36
Yells: "I don't entertain trolls." |
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looking for a better price to enter. Pay for losses first. Otherwise you only be paying for losses and comms all the way from your entry price till the current price. no point isnt it when its going down trend at the moment.
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clickshop1628
Veteran |
06-May-2013 17:32
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Never hope for anything from EGM. I noticed everytime we do that, it will be a disappointment. When it is time to fly, you want to stop it also cannot. Be patient.
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Moomooland
Member |
06-May-2013 17:13
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sorry for being a noob, do you guys mean - realising the losses first by selling, before going in and buy at a 'lower' price? | ||||
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terencee
Master |
06-May-2013 17:09
Yells: "I don't entertain trolls." |
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kinda depressing to see EGM not yet announced and price are being sold so cheap. Specially when TCW said in AGM that RTO cfm go thru already. Kinda felt cheated feeling right now. Been selling bit by bit once again. TMD.. Lose some more money
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Tomique
Master |
06-May-2013 16:59
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Have sold all mine and waiting for the right moment.
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commando
Veteran |
06-May-2013 16:25
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Sian | ||||
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Tomique
Master |
06-May-2013 15:02
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I expect the counter to trade narrow ranges between 7.6 cents to 8.0 cents for the time being until near the date of the 1st EGM on name change and other matters in early June. | ||||
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leezacch
Member |
06-May-2013 14:45
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So now that Najib has won already.. What else are we left to keep this stack suppressed? | ||||
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nqing87
Veteran |
04-May-2013 22:31
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i mean 'cos market sentiment may become bad temporary if najib lose, where every stock got a knee-jerk reaction, which may become a reason for shortist to come out to cause panic selling.. rowsley and those malaysia related stocks may be worse off, but many stocks may also be unable to avoid w/o fall..
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clickshop1628
Veteran |
04-May-2013 22:04
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Think 7.3 ct will hold for now because US employment has improved. Najib should win but should Anwar win, maybe more effect on Rowsley than Contel? What has Malaysia got to do with Contel? | ||||
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nqing87
Veteran |
04-May-2013 20:49
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i got a feeling that if malaysia najib lose, stocks will have a negative reaction to it, and contel could be pushed even down temporary lol
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h0ly0wl
Senior |
04-May-2013 20:17
Yells: "Huat Big Big!" |
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Its seems like you are a newbie in trading contel, dont you know the typical pattern of contel corp BBs, they love to sell down the stock to its bottom and push it up high again.
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commando
Veteran |
04-May-2013 19:57
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There must be a reasons ppl selling.....hmmm... | ||||
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Huatahearnmoney
Senior |
03-May-2013 23:00
Yells: "Rich is ruthless, share the wealth ,share your insider news!" |
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If you dont flag is as short sell, the stats wont show that it is short sell.. I think that someone is exploiting it... lol... rumors.... But anyway, i am holding quite a bit liao. The next time i load up will be at some secret target lol.
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srichipan
Master |
03-May-2013 21:50
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borrowed short selling not reflected in the daily short sell report right? that one only naked short sell
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gelu2279
Member |
03-May-2013 21:47
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wait for share placements ba | ||||
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commando
Veteran |
03-May-2013 21:44
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So many ppl sell ar....short sell do little...gone liai | ||||
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