Genting Sing    Last:0.635   -

Traders Lounge - Daily opportunities for everyone

oh forgot that  tmr's fri,  let me mull over it first.

Gaecia      ( Date: 24-Feb-2011 11:30) Posted: But if $10 goes to $9, one loses 5k on that trade  even thou the  margin amount required  to purchase 5 lots of ocbc  is  only 5k not 50k unlike cash a/c. However, one will still win or lose the fully amount as if on cash a/c because cfd is a leveraged instrument, that's it. hmm...noble back to 1.99 now. Can buy or not ec, juicy?

 

furthermore sti seems like cannot make up its mind whether to stay above 3000 or go down to 2900....

i should be waiting for clearer signals before buying.... also i don't have the knack of buying at lowest..... perhaps our icetomato expert advice  would be better :D

eastcivic      ( Date: 24-Feb-2011 11:32) Posted: tomorrow is friday..... perhaps tomorrow would  get a  better price? Gaecia      ( Date: 24-Feb-2011 11:30) Posted: But if $10 goes to $9, one loses 5k on that trade  even thou the  margin amount required  to purchase 5 lots of ocbc  is  only 5k not 50k unlike cash a/c. However, one will still win or lose the fully amount as if on cash a/c because cfd is a leveraged instrument, that's it. hmm...noble back to 1.99 now. Can buy or not ec, juicy?

 

tomorrow is friday..... perhaps tomorrow would  get a  better price?

Gaecia      ( Date: 24-Feb-2011 11:30) Posted: But if $10 goes to $9, one loses 5k on that trade  even thou the  margin amount required  to purchase 5 lots of ocbc  is  only 5k not 50k unlike cash a/c. However, one will still win or lose the fully amount as if on cash a/c because cfd is a leveraged instrument, that's it. hmm...noble back to 1.99 now. Can buy or not ec, juicy?

 

But if $10 goes to $9, one loses 5k on that trade  even thou the  margin amount required  to purchase 5 lots of ocbc  is  only 5k not 50k unlike cash a/c. However, one will still win or lose the fully amount as if on cash a/c because cfd is a leveraged instrument, that's it.

hmm...noble back to 1.99 now. Can buy or not ec, juicy? 

 

Its just like shares trading but what I understand is you should have at least a margin of 20% on all your opened contracts. (iPunter guru's advise is to aim for 50%)

Remember your 20% margin includes fees, finance interest and its updated everyday and you don't own the shares. Your opened contracts are also renewed every month for a fee.


Recently many contracts had to be closed because of corporate actions e.g. Jaya Holdings, Global Investment.

Anyway I am still reading up on CFD, please correct me if I am wrong

eastcivic      ( Date: 24-Feb-2011 11:16) Posted: if you buy 5 lots of OCBC at $9 and it goes to $10.... your profit would be 5000 x ($10-$9) = $5000 epliew      ( Date: 24-Feb-2011 11:09) Posted: just question CFD, if i want to buy ocbc now.... eg. 9 dollars. and when it move to 10 dollars.  the profit is based on 1 dollar profit or 10 percent of increase

 

if you buy 5 lots of OCBC at $9 and it goes to $10....

your profit would be 5000 x ($10-$9) = $5000

epliew      ( Date: 24-Feb-2011 11:09) Posted: just question CFD, if i want to buy ocbc now.... eg. 9 dollars. and when it move to 10 dollars.  the profit is based on 1 dollar profit or 10 percent of increase ? artng25      ( Date: 24-Feb-2011 11:05) Posted: Been reading up about CFD's. Don't be in a hurry to use them, read carefully and understand CFD's before using them. Know where its weaknesses and strengths are and how they can have an effect on you. From there you can roughly figure out how you can best use them to compliment your style Good luck

 

Once in a while, we can see in the newpapers about 'share rigging' in various forms.

  But these are usually isolate cases which are dealt with by the regulating authorities.

      But by and large, trading itself, be it individual or pooled resources, are part

          and parcel of market activity. And different people/groups can have

              different trading styles and techniques of playing.

                    This is why the market is so challenging...

eastcivic      ( Date: 24-Feb-2011 10:32) Posted: actually i have a question.... is it legal for a group of traders to gather and buy/sell shares together at the same time? please ignore all the talk about whether we can beat the bbs..... i curious to know from legal point of view.... can it be done?

 

depends on your equity/capital in your cfd account.

example. if you have $1,000 deposited in your cfd account.

short 1 lot of sembmar at 5.21.... your balance capital would be $1000-(10% x 1,000 x 5.21) = 479

today sembmar at 5.31, your balance capital would be 479 - [1000 x (5.31-5.21)] = 379

still do not need to top up because your capital is still not 0. once hits 0, then need to top up.

please correct me if i'm wrong......

epliew      ( Date: 24-Feb-2011 11:06) Posted: say for an example if ms gaecia short yesterday @ 5.21 and today it is 5.31 how much to topped up ? eastcivic      ( Date: 24-Feb-2011 10:56) Posted: alamak.... wrong tense.... observe

 

just question CFD, if i want to buy ocbc now....

eg. 9 dollars. and when it move to 10 dollars.  the profit is based on 1 dollar profit or 10 percent of increase ?

artng25      ( Date: 24-Feb-2011 11:05) Posted: Been reading up about CFD's. Don't be in a hurry to use them, read carefully and understand CFD's before using them. Know where its weaknesses and strengths are and how they can have an effect on you. From there you can roughly figure out how you can best use them to compliment your style Good luck epliew      ( Date: 24-Feb-2011 10:48) Posted: ms gaecia..... why you " thank you" me leh? semb mar ? ..... cfd can wait..... if STI dropped till...... 2900..... semb mar you short will become profit lah.... btw, how to use CFD..... if shares goes up, must topped up ? EPL

 

say for an example if ms gaecia short yesterday @ 5.21 and today it is 5.31

how much to topped up ?

eastcivic      ( Date: 24-Feb-2011 10:56) Posted: alamak.... wrong tense.... observe* eastcivic      ( Date: 24-Feb-2011 10:55) Posted: just observed your equity/capital in your cfd account. once it hits negative, you would need to top up

 

Been reading up about CFD's.

Don't be in a hurry to use them, read carefully and understand CFD's before using them. Know where its weaknesses and strengths are and how they can have an effect on you. From there you can roughly figure out how you can best use them to compliment your style

Good luck

epliew      ( Date: 24-Feb-2011 10:48) Posted: ms gaecia..... why you " thank you" me leh? semb mar ? ..... cfd can wait..... if STI dropped till...... 2900..... semb mar you short will become profit lah.... btw, how to use CFD..... if shares goes up, must topped up ? EPL. Gaecia      ( Date: 24-Feb-2011 09:39) Posted: yes lah, i know you're talking about me. Stepped into landmine, very the sad... thank  u epl.

 

alamak.... wrong tense....

observe*

eastcivic      ( Date: 24-Feb-2011 10:55) Posted: just observed your equity/capital in your cfd account. once it hits negative, you would need to top up. epliew      ( Date: 24-Feb-2011 10:48) Posted: ms gaecia..... why you " thank you" me leh? semb mar ? ..... cfd can wait..... if STI dropped till...... 2900..... semb mar you short will become profit lah.... btw, how to use CFD..... if shares goes up, must topped up ? EPL

 

just observed your equity/capital in your cfd account.

once it hits negative, you would need to top up.

epliew      ( Date: 24-Feb-2011 10:48) Posted: ms gaecia..... why you " thank you" me leh? semb mar ? ..... cfd can wait..... if STI dropped till...... 2900..... semb mar you short will become profit lah.... btw, how to use CFD..... if shares goes up, must topped up ? EPL. Gaecia      ( Date: 24-Feb-2011 09:39) Posted: yes lah, i know you're talking about me. Stepped into landmine, very the sad... thank  u epl.

 

i think something like buying in a VERY VERG big volume then selling in the same volume within a short period..

u can read the news about south korea suspects the german bank about market manipulation

eastcivic      ( Date: 24-Feb-2011 10:45) Posted: what is consider as  manipulation? we all buy/sell the same share at the same time.... this is not manipulation? rotijai      ( Date: 24-Feb-2011 10:42) Posted: i think it should be legal.. but without any manipulation.

 

ms gaecia.....

why you " thank you" me leh?

semb mar ? ..... cfd can wait..... if STI dropped till...... 2900..... semb mar you short will become profit lah....

btw, how to use CFD..... if shares goes up, must topped up ?

EPL.

Gaecia      ( Date: 24-Feb-2011 09:39) Posted: yes lah, i know you're talking about me. Stepped into landmine, very the sad... thank  u epl.   iPunter      ( Date: 24-Feb-2011 09:31) Posted: Because you are holding on, that's why you say that.       Not only you... most people who are holding on will               also be saying exactly the same thing as you...

 

what is consider as  manipulation? we all buy/sell the same share at the same time.... this is not manipulation?

rotijai      ( Date: 24-Feb-2011 10:42) Posted: i think it should be legal.. but without any manipulation.. eastcivic      ( Date: 24-Feb-2011 10:32) Posted: actually i have a question.... is it legal for a group of traders to gather and buy/sell shares together at the same time? please ignore all the talk about whether we can beat the bbs..... i curious to know from legal point of view.... can it be done?

 

i think it should be legal.. but without any manipulation..

eastcivic      ( Date: 24-Feb-2011 10:32) Posted: actually i have a question.... is it legal for a group of traders to gather and buy/sell shares together at the same time? please ignore all the talk about whether we can beat the bbs..... i curious to know from legal point of view.... can it be done?

 

Sorry to ask this, what does BB and BBS stands for?

 

actually i have a question.... is it legal for a group of traders to gather and buy/sell shares together at the same time?

please ignore all the talk about whether we can beat the bbs..... i curious to know from legal point of view.... can it be done?

 

Just joke-joke only lah...    remember to bet well... 

eastcivic      ( Date: 24-Feb-2011 10:19) Posted: but seriously.... all our capital combine...... how to fight the bbs? quite impossible la. iPunter      ( Date: 24-Feb-2011 10:13) Posted: Even small-small ants can kill an elephant quickly...