Buy up 5000 lots $2.06 --- 401 " Cao Cao"
Aiya.. i hate msn and forums.. i dun mean to come across like that zzz.. it's the way i type.. that always misleads people lol .. i meant in your opinion would you have gone in at 2.16? zzz... and gaecia.. i didn't mean it that way either .. that i'm a chart specialist or anything.. but okay okay.. that aside... sorry if it came across the wrong way.. zzz 
iPunter ( Date: 08-Feb-2011 15:41) Posted:
|
Halo Friends
Below news, any one know what is this about?  Thanks
.. NEWS OUT TODAY at 05:55 AM Feb 08, 2011 ..
.. Genting S'pore .. Neutral | $2.06
Feb 08, 2011 .. UBS keeps its rating with an unchanged $2.39 target price.
The house expects the casino resorts operator to report a modest rise in EBITDA margin in 4Q to 50 per cent vs 47 per cent in 3Q. UBS notes both Genting, which runs Resorts World Sentosa, and rival Marina Bay Sands were affected by a slowdown in VIP customer volumes in November and December, though Genting was relatively stable quarter on quarter.
The house says: " The next step-change in market size requires deeper and wider access into the VIP/premium mass segments in China."
News out .. TODAYonline/Business .. 05:55 AM Feb 08, 2011 ..
Gaecia ( Date: 08-Feb-2011 15:38) Posted:
|
You have put words into my mouth!
  When did I ever think or said I would enter @2.16 ?
        I said I would only buy @1.85, if it drops there.
              And if it doesn't drop there, I will not buy...
                    Anyway, I do not want to win any debate...

Leinadgnow ( Date: 08-Feb-2011 15:30) Posted:
|
Dan, not everyone is a chart specialist like u leh. There are folks aplenty  who cannot read charts and candles.
Leinadgnow ( Date: 08-Feb-2011 15:30) Posted:
|
wow g jie u got into sunvic ah?
  sunpower leh?
Gaecia ( Date: 08-Feb-2011 12:09) Posted:
|
master daniel, how do u measure the resistance and support ?
Leinadgnow ( Date: 08-Feb-2011 15:30) Posted:
|
IPman Si fu will only go  in GSP at $1.85
Leinadgnow ( Date: 08-Feb-2011 15:30) Posted:
|
those who entered at 2.16 would know that the resistance was at 2.22 thats 6 points off only and the support was at 2.04 about 12 points off.. that makes a 1:2 risk reward at least.. why did they do that? They gambled and did not trade on a strategy.
 
You would have stop your stop loss for 2.16 at about 2.1 which is your minor support which gives u a good 1:1 risk reward ratio fo 6 points off each way or 5 if you count the spread.. unless you had the capital to hold for super long term i.e. cash account.. if you are playing cfd or contra you need to know such levels of support and resistance. The fact is not that the market slap them .. is they slap themselves because they either didn't do a good risk reward count and if they fell from 2.16 to 2.04.. then they already would have had the capital to hold and wouldnt mind such a drawdown.
 
Honestly iPunter.. would you have gone in at 2.16 knowing the strong resistance at 2.22 and the support at 2.1 weak?
Gaecia ( Date: 08-Feb-2011 15:22) Posted:
|
I also never really use auto stop-loss much
muifan ( Date: 08-Feb-2011 15:24) Posted:
|
i also okay, turned  into  noble milkshake  last week just before cny. very the sad still.
muifan ( Date: 08-Feb-2011 15:24) Posted:
|
Ironically, stop-loss is most useful for long-term investors... 

muifan ( Date: 08-Feb-2011 15:24) Posted:
|
Thats why I am quite hesistant over stop loss...
I got no fate with stop loss....a few times zhun zhun hit stop loss...then
AT MY STOP LOSS...bounce off
Gaecia ( Date: 08-Feb-2011 15:22) Posted:
|
yes, imagine those with stoploss  order yesterday  how not to get hit with such wide open  range? Now if people jumps in to buy and tmr morning gap up i wonder wat will happen to them. But that's something to  be proven  tmr. heehe 
iPunter ( Date: 08-Feb-2011 15:14) Posted:
|
IPman si fu indeed is IPman si fu...
 
iPunter ( Date: 08-Feb-2011 15:20) Posted:
|
It's the same in any speculative envronment,
    be it the stock market, forex, or casino...
        After one has lost, it gets harder and harder to make back.
              Making is already very difficult. Making back is even more difficult.
muifan ( Date: 08-Feb-2011 12:27) Posted:
|
Hmm...his angpao u take liao need to vomit out 10 times more...
and our children will also kana....
ic1990 ( Date: 08-Feb-2011 15:16) Posted:
|
look at gar instead.. gsp has sailed off..lol
Feb 18 tharman maybe give us ang pao
| muifan ( Date: 08-Feb-2011 15:11) Posted: |
Yesterday many lost a lot of $$$ ...
    which was the first trading day of Chinese New Year.
        GentSp 'chionged' to 2.16, and then quickly dropped to 2.04
              on the same day, thus many made immediate big losses.
                  The stock market is not just about being emotional or not.
                          Regardless of whether one has emotion or not,
                                    one can still get 'slapped' by the market just the same...

Leinadgnow ( Date: 08-Feb-2011 14:27) Posted:
|
