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SGX
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SGX
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xxadidasxx
Veteran |
12-Jan-2018 22:03
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Dividend and report on the way worth buying
TP-7.80 |
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famouspinky
Supreme |
11-Jan-2018 18:38
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Good sharing
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wavehunter
Supreme |
11-Jan-2018 17:00
Yells: "Trade what you see, not what you hope to see." |
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I was SHORT at 7.60 and was stuck for 2 days. Today managed to cover at 7.58 when she fell. I then went LONG at 7.53 and unLONG at 7.57. Now waiting to see if she wants to revisit 7.53. If so, I LONG her again. But if she runs... then my LONGs at 7.59 and 7.60 are waiting for her to go higher. She is paying 5 cts dividends at month end. That' s why I was happy to quickly cover my SHORTs for 2 bids to close the trade. I had forgotten that she is paying dividends this month.  |
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leongyan
Master |
11-Jan-2018 11:54
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Waiting at sides to reload.. let's see if it goes below 7.5
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wavehunter
Supreme |
05-Jan-2018 11:01
Yells: "Trade what you see, not what you hope to see." |
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Sold this morn at 2.17 and booked my profits for the weekend.![]() $ONG arrrr !!!    ![]()
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leongyan
Master |
05-Jan-2018 09:32
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I only use CFD for major correction on counters and time the renounce to be 1-2 weeks. That way you don't incur too much interest cost. Agree commission is low but every trade is large than cash buy in so have to be circumspect also to maximize dollars
That's why for Singtel I sold out at 3.79 before XD. No point using CFD to hold it bcos holding it to march will cost a bomb. Bird in a hand concept
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TigTig
Master |
04-Jan-2018 21:12
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Nope, I bought some one belt assets, for long term.    Sapphire and Midas.    Both train makers. 
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MichaelSchenker
Master |
04-Jan-2018 20:59
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I see, trading with CFD is indeed a different ball game. then again, personally it does not matter to me, but then thats me. Good to know, thanks for clarifying.
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wavehunter
Supreme |
04-Jan-2018 20:50
Yells: "Trade what you see, not what you hope to see." |
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For cash account, yes, you cant choose which tranche to sell. Whatever you buy becomes lumped together with your shareholding. But not for CFD trading. Every time you open a position, that position is a stand alone which you can choose to keep or sell. I dont have my SGX shares anymore so I cant show you. But I do have 2 LONG positions in Suntec which I can show you. This is how my 2 positions appear in the OPEN POSITION FOLDER of my trading platform. ![]() ![]() So if I want to sell the ones bought at 2.13, I simply click on that position. A Deal Ticket will pop up in a new window and I key in the price and click " CONFIRM" .
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MichaelSchenker
Master |
04-Jan-2018 20:30
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Aye, bro Wave. Just read your posting late. Just want to make a comment and hope you dont mind. If there are a few tranches of SGX shares that you bought, does it matter which tranche you are selling? Anyway, you cant control nor decide which tranche you are selling, also it does not matter, afterall, the average price would eventually even out... just saying .....
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wavehunter
Supreme |
04-Jan-2018 20:11
Yells: "Trade what you see, not what you hope to see." |
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I suppose you didnt buy. Well, I did.  ![]() And therein lies the advantage of trading with a CFD account. The low com enables you to run with just 1 bid if need be. And becoz the com is low, it also means you make more when the market goes in your favour. Suntec REIT will be reporting results in mid-Jan and will declare dividends which will go XD at end-Jan. And she usually runs in her reporting month. ![]() ![]()
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Boatman
Master |
04-Jan-2018 14:17
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Gogo | ||||
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famouspinky
Supreme |
04-Jan-2018 00:18
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Henced brokerage platform is impt
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wavehunter
Supreme |
03-Jan-2018 23:35
Yells: "Trade what you see, not what you hope to see." |
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But there is something you must know and which is, as a CFD trader, my transaction cost is low. Hence, even 1 bid I can run, if I have to. When I open a position, I hope to make as many bids as possible. But if the market becomes tight and stingy after that and 1 bid is all she is willing to give, I will grab that lifeline of 1 bid and run first. Then reassess again for another opportunity to trade. If you intend to date her at 2.12 to 2.14 but you need 3 to 4 bids to breakeven, then this trade may not be suitable for you.  
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TigTig
Master |
03-Jan-2018 22:56
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Suntec Reit.  Yes, sir.    I will 
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wavehunter
Supreme |
03-Jan-2018 22:51
Yells: "Trade what you see, not what you hope to see." |
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Thank you, sir.    ![]() Hope the market has been kind to you too. By the way, you may want to look at Suntec REIT if she is still available at 2.11 to 2.14 tomorrow. She is reporting her results...usually on 19th to 23rd Jan and will be declaring dividends which will go XD on 26th to 31st Jan. Last High was 2.19.
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TigTig
Master |
03-Jan-2018 21:35
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Bro, celebrate!  Hehe. 
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Boatman
Master |
03-Jan-2018 21:34
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Set to break 52weeks high | ||||
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wavehunter
Supreme |
02-Jan-2018 15:06
Yells: "Trade what you see, not what you hope to see." |
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Those balance LONGs bought at 7.43 last year... unLONG them today at 7.48 to collect some eggs to usher in the New Year. Feels good to redeem another Supermarket Voucher on the 1st trading day of the New Year. ![]()  
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wavehunter
Supreme |
01-Jan-2018 22:36
Yells: "Trade what you see, not what you hope to see." |
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FA-wise, I dunno if SGX is worth its weight in gold. But price action-wise, there is a monkey in this fellow which in turn attracts a large following of retail punters. This translates into lots of volatility in this counter. And volatility is what traders thrive on. I  believe based on FA, the outlook for SGX in 2017 was no different from the negative comments mentioned in the earlier postings. But yet in spite of her not so rosy outlook, this is one stock which provided traders with lots of opportunities to trade her. I traded her 100 times  in 2017. 96 were winning trades. I had 4 losing trades. And this supposedly not-so-good chic gave me 18.2k in 2017. What more can I ask for. I cant complain ler. And I believe her volatility will continue in 2018 despite her not so positive outlook according to you guys. Whatever her FA may be, as long as there is a monkey in this one to play the music, traders will continue to flock in daily to try to steal some bread crumbs from beneath the monkey' s dinner table.   |
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