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ic1990      ( Date: 09-Feb-2011 13:12) Posted: i think you misunderstand. I'm considering going into the US market for long term, not short term speculation. Don't really appreciate your tone, by the way.  Gaecia      ( Date: 09-Feb-2011 13:04) Posted: I'm also in training myself  up but still lose money on  cfd a/c thou not alot. I think its a  psychological issue  for me to see  statistics ie. margin, cash resources ticking  live at the top of platform screen which affects me alot. Whenever i see deficit on  trade order,  i want to cutloss. Its a  sure way to lose milkshakes like that zzzz. Whenever i  attempt shorts to  practice textbook theory in market's live firing range, its  normally half of what i will go long on to reduce risk exposure. As for  some of us  here (ie. crystal, ic and jfierce)  who  wants to venture into  US market to strike it big, please ask yourself whether  you've  got the fortitude to win  consistently on sgx first. Nyse is the world's largest casino stock market, so  you've better be a good gamer because the house is  one fast  ticker. You've  got to  lookout for pre market gaps, opening, lunchtime chop, closing and after  market hours plus news reading  sometimes thru the night. Can hardly have dinner with a peace of mind  or go  on dates at night if  into active trading.  First foray  into foreign waters  do not  go  trade  on  cfd or options, until  one plans to topup like mad. If you don't have spare money to lose, then  is it worth the risk.  I'm saying all these with the exception of  BT aura  because he's in  a completely  different league.

 

i think you misunderstand. I'm considering going into the US market for long term, not short term speculation. Don't really appreciate your tone, by the way. 

Gaecia      ( Date: 09-Feb-2011 13:04) Posted: I'm also in training myself  up but still lose money on  cfd a/c thou not alot. I think its a  psychological issue  for me to see  statistics ie. margin, cash resources ticking  live at the top of platform screen which affects me alot. Whenever i see deficit on  trade order,  i want to cutloss. Its a  sure way to lose milkshakes like that zzzz. Whenever i  attempt shorts to  practice textbook theory in market's live firing range, its  normally half of what i will go long on to reduce risk exposure. As for  some of us  here (ie. crystal, ic and jfierce)  who  wants to venture into  US market to strike it big, please ask yourself whether  you've  got the fortitude to win  consistently on sgx first. Nyse is the world's largest casino stock market, so  you've better be a good gamer because the house is  one fast  ticker. You've  got to  lookout for pre market gaps, opening, lunchtime chop, closing and after  market hours plus news reading  sometimes thru the night. Can hardly have dinner with a peace of mind  or go  on dates at night if  into active trading.  First foray  into foreign waters  do not  go  trade  on  cfd or options, until  one plans to topup like mad. If you don't have spare money to lose, then  is it worth the risk.  I'm saying all these with the exception of  BT aura  because he's in  a completely  different league.      eastcivic      ( Date: 09-Feb-2011 12:35) Posted: lol i still testing my trading skills and knowledge with a small amount of money.... let's see if it is achieveable :

 

I'm also in training myself  up but still lose money on  cfd a/c thou not alot. I think its a  psychological issue  for me to see  statistics ie. margin, cash resources ticking  live at the top of platform screen which affects me alot. Whenever i see deficit on  trade order,  i want to cutloss. Its a  sure way to lose milkshakes like that zzzz. Whenever i  attempt shorts to  practice textbook theory in market's live firing range, its  normally half of what i will go long on to reduce risk exposure.

As for  some of us  here (ie. crystal, ic and jfierce)  who  wants to venture into  US market to strike it big, please ask yourself whether  you've  got the fortitude to win  consistently on sgx first. Nyse is the world's largest casino stock market, so  you've better be a good gamer because the house is  one fast  ticker.

You've  got to  lookout for pre market gaps, opening, lunchtime chop, closing and after  market hours plus news reading  sometimes thru the night. Can hardly have dinner with a peace of mind  or go  on dates at night if  into active trading.  First foray  into foreign waters  do not  go  trade  on  cfd or options, until  one plans to topup like mad. If you don't have spare money to lose, then  is it worth the risk.  I'm saying all these with the exception of  BT aura  because he's in  a completely  different league. 

   

eastcivic      ( Date: 09-Feb-2011 12:35) Posted: lol i still testing my trading skills and knowledge with a small amount of money.... let's see if it is achieveable :D Jfierce      ( Date: 09-Feb-2011 12:32) Posted: EC: If you can make that much really very good. i try to aim to lose less... haha.. make some profit to cover my loss Ipunter: I am amoeba in the market.. not even shrimp.. but my capital is very small.. now bladez like that so considered put in alot for me... but not hamtam la.. got cutloss at a few hundred bucks. My biggest regret will be not taking profit at 100+ dollar profit cause i waiting.. end up become loss most of the time even though i hold very long Gaecia: Eh.. dont take offence. My tons of money is a few hundred to a few k only... like 1 or 2.. not trying to sound sarcastic. thanks

 

You are so right...

  Small players lose less...

        Big players lose more... 

            The stocks game is all about how not to lose much.

                  Gains are a secondary consideration.

                        Thus, if one can play without losing (nett loss),

                                That alone is already a big achievement....

                                        Make no mistake about it...

                                              it is really a very challenging game...

                                                    Otherwise there won't be so many teachers around...

Jfierce      ( Date: 09-Feb-2011 12:33) Posted: Anyway ipunter... i think kachang putih already very thrilling.. i dont know how ppl tahan 1 cent lose a few k on volatile stocks per 1 cent as i am not rich enough to afford that. iPunter      ( Date: 09-Feb-2011 12:21) Posted: To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market...           But unfortunately, that is also an easy way to become poor.                 On the other hand, to enjoy the thrill of playing stocks,                         one should play it like Gaecia...

 

I go for high volume, so I let go at fewer bids.

Some go for low volume, so they let go at higher bids.

Some play for earnings announcements, so they let go just before or just after announcement.

It all depends on what you are doing and what you want. 

Jfierce      ( Date: 09-Feb-2011 12:39) Posted: BT. Would just like your advice.   I remember you posted yest that should try to take profit at 3-4 bids. I managed to hit that target on stx osv earlier on but i didnt let go. Is that strategy wrong as i am waiting to let go the day before results?   I see Gaecia and Icetomato holding even though they might hit 9-10 bids above buy price. *disclaimer this is related to stx osv only*. I know got no wrong no right.. so for newbie traders.. i should try to cut at 4 bids profit even though a few days before result as a general trading strat? BullishTempo      ( Date: 09-Feb-2011 12:34) Posted: When I started out, I only had 30k as capital. So yeah, consistent profits is the key

 

BT. Would just like your advice.

 

I remember you posted yest that should try to take profit at 3-4 bids. I managed to hit that target on stx osv earlier on but i didnt let go. Is that strategy wrong as i am waiting to let go the day before results?

  I see Gaecia and Icetomato holding even though they might hit 9-10 bids above buy price. *disclaimer this is related to stx osv only*. I know got no wrong no right.. so for newbie traders.. i should try to cut at 4 bids profit even though a few days before result as a general trading strat?

BullishTempo      ( Date: 09-Feb-2011 12:34) Posted: When I started out, I only had 30k as capital. So yeah, consistent profits is the key. eastcivic      ( Date: 09-Feb-2011 12:27) Posted: " To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market... " i prefer to aim for consistent profits....  my goal is to  win about 25% of my capital every month :D

 

i started out with 20-25k...... that was when i first started buying shares.....

only  late last year  i go into cfd, and my capital for this cfd is really very very small :D

BullishTempo      ( Date: 09-Feb-2011 12:34) Posted: When I started out, I only had 30k as capital. So yeah, consistent profits is the key. eastcivic      ( Date: 09-Feb-2011 12:27) Posted: " To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market... " i prefer to aim for consistent profits....  my goal is to  win about 25% of my capital every month :D

 

lol i still testing my trading skills and knowledge with a small amount of money....

let's see if it is achieveable :D

Jfierce      ( Date: 09-Feb-2011 12:32) Posted: EC: If you can make that much really very good. i try to aim to lose less... haha.. make some profit to cover my loss Ipunter: I am amoeba in the market.. not even shrimp.. but my capital is very small.. now bladez like that so considered put in alot for me... but not hamtam la.. got cutloss at a few hundred bucks. My biggest regret will be not taking profit at 100+ dollar profit cause i waiting.. end up become loss most of the time even though i hold very long Gaecia: Eh.. dont take offence. My tons of money is a few hundred to a few k only... like 1 or 2.. not trying to sound sarcastic. thanks eastcivic      ( Date: 09-Feb-2011 12:27) Posted: " To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market... " i prefer to aim for consistent profits....  my goal is to  win about 25% of my capital every month :D

 

When I started out, I only had 30k as capital.

So yeah, consistent profits is the key.

eastcivic      ( Date: 09-Feb-2011 12:27) Posted: " To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market... " i prefer to aim for consistent profits....  my goal is to  win about 25% of my capital every month :D iPunter      ( Date: 09-Feb-2011 12:21) Posted: To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market...           But unfortunately, that is also an easy way to become poor.                 On the other hand, to enjoy the thrill of playing stocks,                         one should play it like Gaecia...

 

Anyway ipunter... i think kachang putih already very thrilling.. i dont know how ppl tahan 1 cent lose a few k on volatile stocks per 1 cent as i am not rich enough to afford that.

iPunter      ( Date: 09-Feb-2011 12:21) Posted: To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market...           But unfortunately, that is also an easy way to become poor.                 On the other hand, to enjoy the thrill of playing stocks,                         one should play it like Gaecia... Gaecia      ( Date: 09-Feb-2011 12:13) Posted: i'm just a small shrimp (hae bee hiam) player. I  dun  set my mind to  make tons of $ that kind of ambitions, thank you

 

25% of your capital means u nearly quadraple your capital by end of the year on compounded earnings  :/

not that i doubt its impossible but thats... so much..haha~

 

EC: If you can make that much really very good. i try to aim to lose less... haha.. make some profit to cover my loss

Ipunter: I am amoeba in the market.. not even shrimp.. but my capital is very small.. now bladez like that so considered put in alot for me... but not hamtam la.. got cutloss at a few hundred bucks. My biggest regret will be not taking profit at 100+ dollar profit cause i waiting.. end up become loss most of the time even though i hold very long


Gaecia: Eh.. dont take offence. My tons of money is a few hundred to a few k only... like 1 or 2.. not trying to sound sarcastic. thanks

eastcivic      ( Date: 09-Feb-2011 12:27) Posted: " To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market... " i prefer to aim for consistent profits....  my goal is to  win about 25% of my capital every month :D iPunter      ( Date: 09-Feb-2011 12:21) Posted: To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market...           But unfortunately, that is also an easy way to become poor.                 On the other hand, to enjoy the thrill of playing stocks,                         one should play it like Gaecia...

 

" To 'make a killing' in the stock market, one has to " mau" bigly...

    That is the only way to become rich in the stock market... "

i prefer to aim for consistent profits....  my goal is to  win about 25% of my capital every month :D

iPunter      ( Date: 09-Feb-2011 12:21) Posted: To 'make a killing' in the stock market, one has to " mau" bigly...     That is the only way to become rich in the stock market...           But unfortunately, that is also an easy way to become poor.                 On the other hand, to enjoy the thrill of playing stocks,                         one should play it like Gaecia... Gaecia      ( Date: 09-Feb-2011 12:13) Posted: i'm just a small shrimp (hae bee hiam) player. I  dun  set my mind to  make tons of $ that kind of ambitions, thank you

 

To 'make a killing' in the stock market, one has to " mau" bigly...

    That is the only way to become rich in the stock market...

          But unfortunately, that is also an easy way to become poor.

                On the other hand, to enjoy the thrill of playing stocks,

                        one should play it like Gaecia...

Gaecia      ( Date: 09-Feb-2011 12:13) Posted: i'm just a small shrimp (hae bee hiam) player. I  dun  set my mind to  make tons of $ that kind of ambitions, thank you. Jfierce      ( Date: 09-Feb-2011 12:10) Posted: wow.. stx osv and sunvic both make tons of money for u.. now just how much more can make..

 

i'm just a small shrimp (hae bee hiam) player. I  dun  set my mind to  make tons of $ that kind of ambitions, thank you.

Jfierce      ( Date: 09-Feb-2011 12:10) Posted: wow.. stx osv and sunvic both make tons of money for u.. now just how much more can make.. Gaecia      ( Date: 09-Feb-2011 11:47) Posted: ipunter expert, why do u only write singlish to me? So bad u. cma went short  2.04, that's only peak i could find last nite &   gone up  abit earlier on. Closed my Nol and olam postions early morning  to breakeven, didn't want to wait for china to open. That said, I still have stxosv and sunvic to manage...bite fingers.  What about u? Tell us more

 

heh... we got 2 same counters

Gaecia      ( Date: 09-Feb-2011 11:47) Posted: ipunter expert, why do u only write singlish to me? So bad u. cma went short  2.04, that's only peak i could find last nite &   gone up  abit earlier on. Closed my Nol and olam postions early morning  to breakeven, didn't want to wait for china to open. That said, I still have stxosv and sunvic to manage...bite fingers.  What about u? Tell us more. iPunter      ( Date: 09-Feb-2011 11:35) Posted: You leh? (what about you?)...       You got buy or sell, or wait?...

 

i don't know what to say because i don't know much about shorts......

Gaecia      ( Date: 09-Feb-2011 12:10) Posted: ec very v regret didn't s s-marine yesterday pm, saw that was such a great entry but jelly fingers again...

 

wow.. stx osv and sunvic both make tons of money for u.. now just how much more can make..

Gaecia      ( Date: 09-Feb-2011 11:47) Posted: ipunter expert, why do u only write singlish to me? So bad u. cma went short  2.04, that's only peak i could find last nite &   gone up  abit earlier on. Closed my Nol and olam postions early morning  to breakeven, didn't want to wait for china to open. That said, I still have stxosv and sunvic to manage...bite fingers.  What about u? Tell us more. iPunter      ( Date: 09-Feb-2011 11:35) Posted: You leh? (what about you?)...       You got buy or sell, or wait?...

 

ec very v regret didn't s s-marine yesterday pm, saw that was such a great entry but jelly fingers again... 

 

Its becos i  miss your english literature very much.  LOL

iPunter      ( Date: 09-Feb-2011 12:05) Posted: Singlish no good  meh?... okay ma...   But anyway, since you dunno much Singlish, it's good to learn more.       If not, next time our 'lingua franca' you also dunno, then how?...             Now I only holding my Informatics, no more others...   Gaecia      ( Date: 09-Feb-2011 11:47) Posted: ipunter expert, why do u only write singlish to me? So bad u. cma went short  2.04, that's only peak i could find last nite &   gone up  abit earlier on. Closed my Nol and olam postions early morning  to breakeven, didn't want to wait for china to open. That said, I still have stxosv and sunvic to manage...bite fingers.  What about u? Tell us more