Genting Sing    Last:0.615   -

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If you happen to be holding Apple,

    then it is because Cai Shen loves you much.

          But how many Apples can you find in the whole world?...

muifan      ( Date: 16-Jun-2011 10:25) Posted: Ip-Man sifu... how can we know when to hold? eg apple...$30 become $60, become $120, become $300++... base on what indicator will you decide to let go? gum sia juay juay... iPunter      ( Date: 16-Jun-2011 10:17) Posted: To play longing well means to know when to sell.     In stocks, it is no use to hold and hold and hold.           But most people will just hold and hold.                 This is because eg. if GentingSp goes to 3.50,                         people will be so confident that is will go to                                 4.00,  6.00, 8.00 etc... This is human nature,                                         esp. when their profit projections are super...

 

But you shorted wilmar yesterday right?

I'm was late, s wilmar 5.35-5.36 and sar  2.96-2.97 only this am just covered at intraday's low as of now.  But i bot a little gar gar yesterday, closed and lost  3 bids this morning.

I don't rule out the possibilty that i was  being  gian gian  just couldn't let it pass up. Yes, i'm very bad.

rotijai      ( Date: 16-Jun-2011 10:16) Posted: yes master gaecia.. will remember it by heart through the hard way.. :x Gaecia      ( Date: 16-Jun-2011 10:04) Posted: It is heart lah. You all v free right

 

Ip-Man sifu...

how can we know when to hold?

eg apple...$30 become $60, become $120, become $300++...

base on what indicator will you decide to let go? gum sia juay juay...

iPunter      ( Date: 16-Jun-2011 10:17) Posted: To play longing well means to know when to sell.     In stocks, it is no use to hold and hold and hold.           But most people will just hold and hold.                 This is because eg. if GentingSp goes to 3.50,                         people will be so confident that is will go to                                 4.00,  6.00, 8.00 etc... This is human nature,                                         esp. when their profit projections are super...

 

I suppose to be greedy and fearful are part of the game. The only thing is when this is being triggered especially when the emotional thing comes in, you know how to react. So only the one who is having a position will know or rather will feel the pressure and decide what to do next (right or wrong).

At that stage, when emotion kicks in and if you are still able to be rationale and think straight you will be good to trade.However, before you are in any position you  MUST already have a trading plan, like when to enter (at which price) and when to cut loss if it goes against you and what is the target price when it moves in your direction ( riding the profit). To decide once you are in, many a time it is not so straight forward. Another thing here- VERY IMPORTANT

DISCIPLINE

rotijai      ( Date: 16-Jun-2011 10:02) Posted: i think i will just eat white porridge for this week - until weekend gonna punish myself for being greedy..

 

To play longing well means to know when to sell.

    In stocks, it is no use to hold and hold and hold.

          But most people will just hold and hold.

                This is because eg. if GentingSp goes to 3.50,

                        people will be so confident that is will go to

                                4.00,  6.00, 8.00 etc... This is human nature,

                                        esp. when their profit projections are super...

 

ya my stoploss was 1.74

Gaecia      ( Date: 16-Jun-2011 10:10) Posted: The elephants were already unhappy yesterday ec, but it wasn't triggered yesterday  near closing? This morning's was a  gap down leh. eastcivic      ( Date: 16-Jun-2011 10:06) Posted: ya i quite free..... cosco stoploss got triggered..... not ready to do shorting yet.... so now just  waiting for sti to hit 2900 :

 

yes master gaecia..

will remember it by heart through the hard way.. :x

Gaecia      ( Date: 16-Jun-2011 10:04) Posted: It is heart lah. You all v free right? rotijai      ( Date: 16-Jun-2011 09:52) Posted: yes ipunter. i will remember it by hard also learnt smth new these few days.. during a downtrend (be it a short term or long term), there's nth as support (to rebound) the same goes for uptrend and resistance (to go down

 

The elephants were already unhappy yesterday ec, but it wasn't triggered yesterday  near closing? This morning's was a  gap down leh.

eastcivic      ( Date: 16-Jun-2011 10:06) Posted: ya i quite free..... cosco stoploss got triggered..... not ready to do shorting yet.... so now just  waiting for sti to hit 2900 :D Gaecia      ( Date: 16-Jun-2011 10:04) Posted: It is heart lah. You all v free right

 

ya i quite free..... cosco stoploss got triggered..... not ready to do shorting yet.... so now just  waiting for sti to hit 2900 :D

Gaecia      ( Date: 16-Jun-2011 10:04) Posted: It is heart lah. You all v free right? rotijai      ( Date: 16-Jun-2011 09:52) Posted: yes ipunter. i will remember it by hard also learnt smth new these few days.. during a downtrend (be it a short term or long term), there's nth as support (to rebound) the same goes for uptrend and resistance (to go down

 

lol

sometimes being greedy is good......  just don't be over-greedy :P

rotijai      ( Date: 16-Jun-2011 10:02) Posted: i think i will just eat white porridge for this week - until weekend gonna punish myself for being greedy..

 

It is heart lah.

You all v free right?

rotijai      ( Date: 16-Jun-2011 09:52) Posted: yes ipunter. i will remember it by hard also learnt smth new these few days.. during a downtrend (be it a short term or long term), there's nth as support (to rebound) the same goes for uptrend and resistance (to go down) iPunter      ( Date: 16-Jun-2011 09:50) Posted: Why you 'gian-gian' (anxious) to make money?       If you have the skill and patience,  wait and wait,               you can buy cheap-cheap when the chance comes.               But never, never play average down...                                 Remember this forever, or you will regret...

 

i think i will just eat white porridge for this week - until weekend

gonna punish myself for being greedy..

 

mee siam mai hum mai hum mai hum

wishbone      ( Date: 16-Jun-2011 10:00) Posted: Standard Mee Siam where got hum one??? Unless special order and add as extra. But this means more money man!!! So Laksa also can and it comes with Hum right!!!!   Hehe!!!! iPunter      ( Date: 16-Jun-2011 09:55) Posted: If one is stranded on a nothing island,     or lost in the wilds, bare porridge is divine...             but of course mee siam with hum is better... lol..

 

Standard Mee Siam where got hum one??? Unless special order and add as extra. But this means more money man!!! So Laksa also can and it comes with Hum right!!!!

  Hehe!!!!

iPunter      ( Date: 16-Jun-2011 09:55) Posted: If one is stranded on a nothing island,     or lost in the wilds, bare porridge is divine...             but of course mee siam with hum is better... lol..  eastcivic      ( Date: 16-Jun-2011 09:50) Posted: actually i loved to eat plain porridge/rice with kah nah chy

 

i don't really like to eat cooked hum. i prefer half-cooked hum :D

iPunter      ( Date: 16-Jun-2011 09:55) Posted: If one is stranded on a nothing island,     or lost in the wilds, bare porridge is divine...             but of course mee siam with hum is better... lol..  eastcivic      ( Date: 16-Jun-2011 09:50) Posted: actually i loved to eat plain porridge/rice with kah nah chy

 

Really the " gian - gian" part is the hardest to master....

however..spotted another high level si-fu warrenb..

his reading of the market is awesome...

iPunter      ( Date: 16-Jun-2011 09:50) Posted: Why you 'gian-gian' (anxious) to make money?       If you have the skill and patience,  wait and wait,               you can buy cheap-cheap when the chance comes.               But never, never play average down...                                 Remember this forever, or you will regret...

 

If one is stranded on a nothing island,

    or lost in the wilds, bare porridge is divine...

            but of course mee siam with hum is better... lol.. 

eastcivic      ( Date: 16-Jun-2011 09:50) Posted: actually i loved to eat plain porridge/rice with kah nah chye rotijai      ( Date: 16-Jun-2011 09:43) Posted: i don even have rice/porridge to eat now.. so worry.. so sad.. so confused yawn

 

never averaged.... got stopped out instead.....

gian-gian because i  thought i saw on the  chart signals to buy  but either i see wrongly or  market turned against my bet. so kenna stopped out lor.... :D

iPunter      ( Date: 16-Jun-2011 09:50) Posted: Why you 'gian-gian' (anxious) to make money?       If you have the skill and patience,  wait and wait,               you can buy cheap-cheap when the chance comes.               But never, never play average down...                                 Remember this forever, or you will regret...

 

yes ipunter. i will remember it by hard

also learnt smth new these few days..

during a downtrend (be it a short term or long term), there's nth as support (to rebound)

the same goes for uptrend and resistance (to go down)

iPunter      ( Date: 16-Jun-2011 09:50) Posted: Why you 'gian-gian' (anxious) to make money?       If you have the skill and patience,  wait and wait,               you can buy cheap-cheap when the chance comes.               But never, never play average down...                                 Remember this forever, or you will regret...

 

actually i loved to eat plain porridge/rice with kah nah chye

rotijai      ( Date: 16-Jun-2011 09:43) Posted: i don even have rice/porridge to eat now.. so worry.. so sad.. so confused yawns eastcivic      ( Date: 16-Jun-2011 09:40) Posted: claypot rice not cheap hor? eat plain porridge with  chye sim or ka nah chye  then is chea