or you can short one lot at 2.4 ..... 240 only mah.....
u can wait  for another crisis to hit you buying price.....middle east is up and coming...
eastcivic ( Date: 13-Apr-2011 19:00) Posted:
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ha ha.....
good analysis.....
but I like to give an answer ...... definitely worthy of shorting if it really hit $3 .....
 
not now.. not yet
so far the market sentiment is still good. we will monitor :)
tiancai007 ( Date: 13-Apr-2011 23:46) Posted:
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yes it's uptrend has been impressive.....
but take a look at what happen after 19th Jan 2011. on that day cosco close at 2.42 and the next day  it went down all the way till 18th March 2011 to hit 1.81.......
i'm not saying that if it hits the 2.4 region, the same thing will happen...... but it just might happen.....  nobody knows for sure

tiancai007 ( Date: 13-Apr-2011 23:46) Posted:
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U seriously thinking of shorting? Pple talking abt $3 and new highs. Looking at the trading pattern, this bugger has been trending up min 8cts every week. From 1.81 on 18th March to now $2.32, 30% uptrend... Impressive...
rotijai ( Date: 13-Apr-2011 22:05) Posted:
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no problem..
i was thinking of 2.4 too ! lol..
but yea we will have to look at the chart and the market sentiment
eastcivic ( Date: 13-Apr-2011 19:00) Posted:
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ok good luck!
since you were talking about cosco, i think you can afford to short 5 lots of cosco at $2.40..... 5 lots at $2.40 would be $1,200 if i'm not wrong.....
please note that $2.40 is  for illustration purpose  only.... i don't know if cosco will really go up to $2.40 and also don't know if $2.40 is juicy peak to short
rotijai ( Date: 13-Apr-2011 18:48) Posted:
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earlier this year i lost all my profits and about 55%  of my capital. i think it was during feb..... horrible month for me..... 
i  remembered that when i  posted all these losses, some people think i am crazy because my posts were about losses and yet  i still put smiley faces.......

eplepl ( Date: 13-Apr-2011 18:43) Posted:
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ok ! i will put in 2-3k as a start..
thanks!
eplepl ( Date: 13-Apr-2011 18:43) Posted:
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the last time u mentioned, made 600 bucks leh ?
eastcivic ( Date: 13-Apr-2011 18:35) Posted:
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please don't say that.....
my CFD account is  still down by about S$130. hopefully i'll be able to win some to bring back my capital to 100% and then start making profits......
eplepl ( Date: 13-Apr-2011 18:22) Posted:
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yes think about this friday, will let you know....
but maybe u ask EC for charting cosco first.
rotijai ( Date: 13-Apr-2011 18:01) Posted:
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EC make alot of money, and he is an elite now !
eastcivic ( Date: 13-Apr-2011 18:12) Posted:
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really depends on how much savings you have and how much you can afford to lose.
a 'good amount' to start is very subjective......
but i think i can  share with  you a good way to start...... deposit what you are prepared to lose into the CFD account and  treat it as your tuition/school fees. start off with small trades, and tell yourself that you are prepared to lose this amount of money.
 
rotijai ( Date: 13-Apr-2011 18:01) Posted:
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yea more or less i have an idea of how cfd works..
i have talked to my broker about it..
just wanna know wat's the good amount to start with..
looking cosco now... looks juicy
eplepl ( Date: 13-Apr-2011 17:43) Posted:
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actually cfd is a much better tool, but i do not know how much fund u got.
say you have 100 K in the bank  then withdraw 10K and keep in cfd account. I think it could be good start to make more  than the interest rate  bank give in fixed deposit.
since cfd required you to pay upfront 10% eg.  58,000 for 5 lots of semb mar, is 5,8K  .....
but if there is a margin call,  for example  semb marine hit 6 dollars, u need to top up 200 bucks.... so with 10K effectively you do not need to take any action.
EPL.
 
rotijai ( Date: 13-Apr-2011 16:45) Posted:
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i lost to cgx on the krx debut.. so u can imagine how much i lost..
btw, wat's the amount i should start with cfd (i mean short)..
something like 5 lots of semb?
wat about u? epl
eplepl ( Date: 13-Apr-2011 14:13) Posted:
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sure or not,  how much did u lost ?
rotijai ( Date: 13-Apr-2011 10:21) Posted:
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no time to monitor so, set buy back @ 5.71....
eastcivic ( Date: 13-Apr-2011 09:41) Posted:
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anyway..
stx is dropping as expected.. :)
let's see how much it can drop this time