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KAMAL0883 Supreme	27-Feb-2018 14:54        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	yes if he shorted so there must be buyers transactions also but how come nvr see any buy ?  no buy how to sell right ?   tks wavehunter      ( Date: 27-Feb-2018 14:35) Posted: These are his SHORTs to help average up his cost. He has SHORTs done lower at 3.33 to 3.35 which needs to be rescued. He havent covered yet. He will cover when the price is at 3.33 to 3.35. That' s why no BUY trades yet.  Price is now at 3.38 : 3.39.   KAMAL0883      ( Date: 27-Feb-2018 14:29) Posted: 3.39 sold 104.2 + 224.9 + 450.0 + 210.70 ( 80.0 + 25.0 + 50.0 + n55.20 ) = total 1,213.70 lots where are buy transactions ? no buy transactions how to close deal ?
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wavehunter Supreme	27-Feb-2018 14:35        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	These are his SHORTs to help average up his cost. He has SHORTs done lower at 3.33 to 3.35 which needs to be rescued. He havent covered yet. He will cover when the price is at 3.33 to 3.35. That' s why no BUY trades yet.  Price is now at 3.38 : 3.39.   KAMAL0883      ( Date: 27-Feb-2018 14:29) Posted: 3.39 sold 104.2 + 224.9 + 450.0 + 210.70 ( 80.0 + 25.0 + 50.0 + n55.20 ) = total 1,213.70 lots where are buy transactions ? no buy transactions how to close deal ?  wavehunter      ( Date: 27-Feb-2018 14:06) Posted: The Kartek Monkey Empire strikes back...
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KAMAL0883 Supreme	27-Feb-2018 14:29        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	3.39 sold 104.2 + 224.9 + 450.0 + 210.70 ( 80.0 + 25.0 + 50.0 + n55.20 ) = total 1,213.70 lots where are buy transactions ? no buy transactions how to close deal ?  wavehunter      ( Date: 27-Feb-2018 14:06) Posted: The Kartek Monkey Empire strikes back...
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SuperLuckyCorn Supreme	27-Feb-2018 14:08        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Cool clear sheng siong 0.905~0.925 batch at 0.94. Now have more ammo. Still waiting for ST Eng to clear 3.48. If also clear, then too much ammo liao... Singtel replenish stock standby for General Wave instruction.
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SuperLuckyCorn Supreme	27-Feb-2018 14:06        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Hmm...when kartek monkeys cover, let' s cover together & make them scare.... Want to see kartek monkeys lose $$.... wavehunter      ( Date: 27-Feb-2018 13:54) Posted: Earlier was 3.42 : 3.43. Then the Kartek Monkey sold in big lots at 3.42...3.41 and 3.40. Price now at 3.39 : 3.40. He doesnt want the price to rise. He knows 3.43 has become a psychological resistance. So he stands there to block the way and like clockwork will whack the buyers at 3.42 whenever the price climbs to 3.42 : 3.43. Becoz he wants to make it a point to sink into the minds of all retail players that " 3.43 is a strong resistance so dont buy. Sell instead and help me to depress the price lower."   This is my theory... There was one Friday when the Kartek Monkey SHORTed alot alot at 3.33 and 3.34. He had some SHORTs at 3.35 too but it was only one batch. I think he was counting on Dow to fall bigtime that Friday nite so that he can depress the price on the following Monday morning to perhaps break 3.30 to go down lower. But it didnt happen. Dow closed up and our STI had a relief rebound. What  was unexpected on that Monday morning was the appearance of many buyers in big lots. I think these were the smaller local funds and  some institutions buying the dips. The price rebounded to 3.43 and closed at that price, the Day High on that day. I think this buying was  not expected by the Kartek Monkey and he found all his SHORTs done at 3.33 to 3.35 ...all underwater.  Not wanting to be defeated, the Kartek Monkey reported for work at pre-opening on Tue and immediately showed his prowess by depressing the price down to open 2 bids down at 3.41 and after that pushed the price further down to touch 3.37 before closing at 3.38. He had to come in to quell the rebellion before more funds come out to buy to push the price above 3.43 to go towards 3.50. If he do nothing, that could happen and his SHORTs done at 3.33 to 3.35 would be in deep shit. So he did what he did. Continue to sell and made it clear to all concerned that he is still selling. He purposely left his carbon footprints all over the place for us to see. I posted many of his big selldown trades. These trades were meant to intimidate funds and institutions to stop buying.  Although the buying by funds and institutions did slow down initially, the buying sort of resumed after a day or two and that was why we saw the price recovering nicely to the 3.40 to 3.43 region. So the situation in the battlefield has changed. When the price was falling from 3.50 to 3.40, we didnt see all this buying in big lots by funds and institutions.  But now that the price has fallen from 3.40 to 3.32, funds and institutions are starting to come out to buy. In spite of the Kartek Monkey' s intimidation. Hence, recognising this and knowing that it will be difficult for him to hammer the price down if funds and institutions keep buying and resisting him, he may have decided to execute his Plan B. I think for him, Plan B is to find a way to cover his SHORTs done at 3.33 to 3.35 without incurring a loss and then close shop. And the way to do that is to average up his SHORTs. That is why he has been SHORTing very heavily in trades of more than 1000 lots at 3.40 to 3.42. And he is still doing it. I think his plan is to do enough SHORTs at 3.40 to 3.42 so that his average price is at around say 3.37. After that, hammer the price down to as low as he can go... 3.33 to 3.35 depending on how much buying resistance he faces from funds and institutions. Then when the price is there, ie. 3.33 to 3.35... he can looksee and decide on his next move. Option 1 is that if sentiments are still bullish and funds and institutions are still buying, cover all his SHORTs at 3.33 to 3.35 and close shop. He will still win. Option 2 is that if sentiments turn bearish and Dow takes a breather and goes into a pullback, this will make the ground very sweet for him to break 3.30 which is a long term support to trigger panic selling which will help him a great deal to make tons of profits. Like I said, just my theory.
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wavehunter Supreme	27-Feb-2018 14:06        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	The Kartek Monkey Empire strikes back...
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wavehunter Supreme	27-Feb-2018 13:54        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	Earlier was 3.42 : 3.43. Then the Kartek Monkey sold in big lots at 3.42...3.41 and 3.40. Price now at 3.39 : 3.40. He doesnt want the price to rise. He knows 3.43 has become a psychological resistance. So he stands there to block the way and like clockwork will whack the buyers at 3.42 whenever the price climbs to 3.42 : 3.43. Becoz he wants to make it a point to sink into the minds of all retail players that " 3.43 is a strong resistance so dont buy. Sell instead and help me to depress the price lower."   This is my theory... There was one Friday when the Kartek Monkey SHORTed alot alot at 3.33 and 3.34. He had some SHORTs at 3.35 too but it was only one batch. I think he was counting on Dow to fall bigtime that Friday nite so that he can depress the price on the following Monday morning to perhaps break 3.30 to go down lower. But it didnt happen. Dow closed up and our STI had a relief rebound. What  was unexpected on that Monday morning was the appearance of many buyers in big lots. I think these were the smaller local funds and  some institutions buying the dips. The price rebounded to 3.43 and closed at that price, the Day High on that day. I think this buying was  not expected by the Kartek Monkey and he found all his SHORTs done at 3.33 to 3.35 ...all underwater.  Not wanting to be defeated, the Kartek Monkey reported for work at pre-opening on Tue and immediately showed his prowess by depressing the price down to open 2 bids down at 3.41 and after that pushed the price further down to touch 3.37 before closing at 3.38. He had to come in to quell the rebellion before more funds come out to buy to push the price above 3.43 to go towards 3.50. If he do nothing, that could happen and his SHORTs done at 3.33 to 3.35 would be in deep shit. So he did what he did. Continue to sell and made it clear to all concerned that he is still selling. He purposely left his carbon footprints all over the place for us to see. I posted many of his big selldown trades. These trades were meant to intimidate funds and institutions to stop buying.  Although the buying by funds and institutions did slow down initially, the buying sort of resumed after a day or two and that was why we saw the price recovering nicely to the 3.40 to 3.43 region. So the situation in the battlefield has changed. When the price was falling from 3.50 to 3.40, we didnt see all this buying in big lots by funds and institutions.  But now that the price has fallen from 3.40 to 3.32, funds and institutions are starting to come out to buy. In spite of the Kartek Monkey' s intimidation. Hence, recognising this and knowing that it will be difficult for him to hammer the price down if funds and institutions keep buying and resisting him, he may have decided to execute his Plan B. I think for him, Plan B is to find a way to cover his SHORTs done at 3.33 to 3.35 without incurring a loss and then close shop. And the way to do that is to average up his SHORTs. That is why he has been SHORTing very heavily in trades of more than 1000 lots at 3.40 to 3.42. And he is still doing it. I think his plan is to do enough SHORTs at 3.40 to 3.42 so that his average price is at around say 3.37. After that, hammer the price down to as low as he can go... 3.33 to 3.35 depending on how much buying resistance he faces from funds and institutions. Then when the price is there, ie. 3.33 to 3.35... he can looksee and decide on his next move. Option 1 is that if sentiments are still bullish and funds and institutions are still buying, cover all his SHORTs at 3.33 to 3.35 and close shop. He will still win. Option 2 is that if sentiments turn bearish and Dow takes a breather and goes into a pullback, this will make the ground very sweet for him to break 3.30 which is a long term support to trigger panic selling which will help him a great deal to make tons of profits. Like I said, just my theory.
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SuperLuckyCorn Supreme	27-Feb-2018 13:47        SuperLuckyCorn About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	this time wonder whether to lower the bid price or not. previously set at 3.38. destinykraze      ( Date: 27-Feb-2018 13:03) Posted: speaking of which, big seller appeared again. big blocks
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wavehunter Supreme	27-Feb-2018 13:14        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	I think competition has driven rates to such low levels. I switched to CFD many years ago. During my time, to get 0.25%, my trade has to be above $100k. Otherwise it is 0.4% for trades above 50k but below 100k and 0.5% for trades up to 50k. I believe many traders switched to CFD and brokers have only 2 choices - reduce their rates or Chiak Ka Kee. When I started trading, com was a ridiculous 1% back then. Imagine that - 1% of transaction value. Then when com was slashed by half to 0.5%, all the brokers in town all cow bear cow bull.    destinykraze      ( Date: 27-Feb-2018 13:00) Posted: I think the rates for big traders are much lower. Small fish like me already get 0.12%  commission rate. wavehunter      ( Date: 27-Feb-2018 11:29) Posted: That' s what I heard from different people at different times. And it does makes sense to me. If a monkey and the broking house are partners, why should the monkey pay brokerage fees? He has to share the profits 50 : 50. The trade-off for that is no brokerage fees plus access to very high credit limit to do such high volume trades. I think there is a term for such people - proprietary traders. Brokerage fee is a private matter between house and client. If House wants to waive the brokerage fee completely, why should MAS have an issue with that? It may well be that the computerised system captures all trades. But whether to charge different clients  brokerage at a different rate or to waive it completely is a business decision and completely at the sole discretion of the House. No reason for MAS to intervene to insist House must charge and collect a brokerage fee. Its a free market. The going rate for a broker-assisted trade is 0.5% if the trade value is 50k and below. But for very special clients who are high frequency traders and Houses do value such clients, their commission rate can be 0.12% to 0.18%. What rate to charge and whether to charge at all, a House has the sole right to decide.
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destinykraze Elite	27-Feb-2018 13:03        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	speaking of which, big seller appeared again. big blocks
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destinykraze Elite	27-Feb-2018 13:00        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	I think the rates for big traders are much lower. Small fish like me already get 0.12%  commission rate. wavehunter      ( Date: 27-Feb-2018 11:29) Posted: That' s what I heard from different people at different times. And it does makes sense to me. If a monkey and the broking house are partners, why should the monkey pay brokerage fees? He has to share the profits 50 : 50. The trade-off for that is no brokerage fees plus access to very high credit limit to do such high volume trades. I think there is a term for such people - proprietary traders. Brokerage fee is a private matter between house and client. If House wants to waive the brokerage fee completely, why should MAS have an issue with that? It may well be that the computerised system captures all trades. But whether to charge different clients  brokerage at a different rate or to waive it completely is a business decision and completely at the sole discretion of the House. No reason for MAS to intervene to insist House must charge and collect a brokerage fee. Its a free market. The going rate for a broker-assisted trade is 0.5% if the trade value is 50k and below. But for very special clients who are high frequency traders and Houses do value such clients, their commission rate can be 0.12% to 0.18%. What rate to charge and whether to charge at all, a House has the sole right to decide.  FATABA      ( Date: 27-Feb-2018 11:04) Posted: Sorry but hv to input ....are u sure ? All broking houses are govern by MAS rules here .....are u sure they can do this ?  All transaction are on computer...as MAS hv fees and so unit transacted wld be recorded as VOLUME a broking house have in a counter in a day . At the end of the year....audit wld check the volume etc etc ( fees ...and taxes ) So sorry I realy doubt what u say is possible ....NOT worth for a broker house to lost a licnece for this profit .
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FATABA Supreme	27-Feb-2018 12:53        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	First Wave was talking abt Monkey w No rate but share Profit ....this is NO FEE/ brokeage if I am not wrong. Of couse we are aware of diff rates for diff client ...from years ago( traders, bigger client   etc ..BUT not zero brokerage and share profit ...lol share lost ? ) Pro traders and in-house trade teams are totally diff point   KAMAL0883      ( Date: 27-Feb-2018 11:41) Posted: brokerage rate/charges   is up to individual house to decide is not compulsory not breashing any rule... some broker houses always gave deep discount to their big and regular customers ( some transactions are free also possible ) depending on their agreement with their clients. but any collaborate between the broker house and their customers that we really duno FATABA      ( Date: 27-Feb-2018 11:04) Posted: Sorry but hv to input ....are u sure ? All broking houses are govern by MAS rules here .....are u sure they can do this ?  All transaction are on computer...as MAS hv fees and so unit transacted wld be recorded as VOLUME a broking house have in a counter in a day . At the end of the year....audit wld check the volume etc etc ( fees ...and taxes ) So sorry I realy doubt what u say is possible ....NOT worth for a broker house to lost a licnece for this profit .
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MichaelSchenker Master	27-Feb-2018 12:50        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	Currently I felt that it is very sensible for those with huge disposable CPF to buy. Keep for 10, 20 years. Dividend definitely more than Ordinary Account, slightly better than special account.
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wavehunter Supreme	27-Feb-2018 12:11        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	https://www.thebalance.com/day-trading-jobs-working-at-a-proprietary-trading-firm-1031233
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wavehunter Supreme	27-Feb-2018 12:04        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin
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KAMAL0883 Supreme	27-Feb-2018 11:41        KAMAL0883 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	brokerage rate/charges   is up to individual house to decide is not compulsory not breashing any rule... some broker houses always gave deep discount to their big and regular customers ( some transactions are free also possible ) depending on their agreement with their clients. but any collaborate between the broker house and their customers that we really duno FATABA      ( Date: 27-Feb-2018 11:04) Posted: Sorry but hv to input ....are u sure ? All broking houses are govern by MAS rules here .....are u sure they can do this ?  All transaction are on computer...as MAS hv fees and so unit transacted wld be recorded as VOLUME a broking house have in a counter in a day . At the end of the year....audit wld check the volume etc etc ( fees ...and taxes ) So sorry I realy doubt what u say is possible ....NOT worth for a broker house to lost a licnece for this profit .   wavehunter      ( Date: 27-Feb-2018 10:30) Posted: That makes no sense too. The monkey would rather pay his mistresses or gurfrens than pay the broker. Unless the broker is his mistress or gurfren then dont say lah. Anyway, from what I know, there is no brokerage fee here to start with in the first place. A monkey works this way. 1. He finds a house to collaborate with him. He gets as many terminals as he wants and a special room at the broking house to trade. 2. The House does not charge any brokerage at all. Its free. But SGX Clearing fee ... that one Boh Pian...its a third party charge not within the control of the House so that fee has to be paid.  So per trade, there is no brokerage fee. Only SGX Clearing fee. So you can imagine how low the monkey' s transaction cost is.  3. All profits are shared 50:50 between House and monkey. Losses are borne by the monkey alone. But they win almost every time and rarely lose. That' s why monkeys find this arrangement workable and they do it again and again
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wavehunter Supreme	27-Feb-2018 11:38        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	No, bro. The Kartek Monkey doesnt hate SingTel. He simply loves the money he can make by SHORTing SingTel. But on another day, he will wear the hat of the Bull Monkey to play SingTel from the LONG side.    Shampain      ( Date: 27-Feb-2018 11:22) Posted: i THink kartek really got some deep hatred for singtel
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wavehunter Supreme	27-Feb-2018 11:29        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	That' s what I heard from different people at different times. And it does makes sense to me. If a monkey and the broking house are partners, why should the monkey pay brokerage fees? He has to share the profits 50 : 50. The trade-off for that is no brokerage fees plus access to very high credit limit to do such high volume trades. I think there is a term for such people - proprietary traders. Brokerage fee is a private matter between house and client. If House wants to waive the brokerage fee completely, why should MAS have an issue with that? It may well be that the computerised system captures all trades. But whether to charge different clients  brokerage at a different rate or to waive it completely is a business decision and completely at the sole discretion of the House. No reason for MAS to intervene to insist House must charge and collect a brokerage fee. Its a free market. The going rate for a broker-assisted trade is 0.5% if the trade value is 50k and below. But for very special clients who are high frequency traders and Houses do value such clients, their commission rate can be 0.12% to 0.18%. What rate to charge and whether to charge at all, a House has the sole right to decide.  FATABA      ( Date: 27-Feb-2018 11:04) Posted: Sorry but hv to input ....are u sure ? All broking houses are govern by MAS rules here .....are u sure they can do this ?  All transaction are on computer...as MAS hv fees and so unit transacted wld be recorded as VOLUME a broking house have in a counter in a day . At the end of the year....audit wld check the volume etc etc ( fees ...and taxes ) So sorry I realy doubt what u say is possible ....NOT worth for a broker house to lost a licnece for this profit .   wavehunter      ( Date: 27-Feb-2018 10:30) Posted: That makes no sense too. The monkey would rather pay his mistresses or gurfrens than pay the broker. Unless the broker is his mistress or gurfren then dont say lah. Anyway, from what I know, there is no brokerage fee here to start with in the first place. A monkey works this way. 1. He finds a house to collaborate with him. He gets as many terminals as he wants and a special room at the broking house to trade. 2. The House does not charge any brokerage at all. Its free. But SGX Clearing fee ... that one Boh Pian...its a third party charge not within the control of the House so that fee has to be paid.  So per trade, there is no brokerage fee. Only SGX Clearing fee. So you can imagine how low the monkey' s transaction cost is.  3. All profits are shared 50:50 between House and monkey. Losses are borne by the monkey alone. But they win almost every time and rarely lose. That' s why monkeys find this arrangement workable and they do it again and again
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Shampain Veteran	27-Feb-2018 11:22        Shampain About Contact  Quote this Post!
x 0   x 0  Alert Admin	i THink kartek really got some deep hatred for singtel
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FATABA Supreme	27-Feb-2018 11:04        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Sorry but hv to input ....are u sure ? All broking houses are govern by MAS rules here .....are u sure they can do this ?  All transaction are on computer...as MAS hv fees and so unit transacted wld be recorded as VOLUME a broking house have in a counter in a day . At the end of the year....audit wld check the volume etc etc ( fees ...and taxes ) So sorry I realy doubt what u say is possible ....NOT worth for a broker house to lost a licnece for this profit .   wavehunter      ( Date: 27-Feb-2018 10:30) Posted: That makes no sense too. The monkey would rather pay his mistresses or gurfrens than pay the broker. Unless the broker is his mistress or gurfren then dont say lah. Anyway, from what I know, there is no brokerage fee here to start with in the first place. A monkey works this way. 1. He finds a house to collaborate with him. He gets as many terminals as he wants and a special room at the broking house to trade. 2. The House does not charge any brokerage at all. Its free. But SGX Clearing fee ... that one Boh Pian...its a third party charge not within the control of the House so that fee has to be paid.  So per trade, there is no brokerage fee. Only SGX Clearing fee. So you can imagine how low the monkey' s transaction cost is.  3. All profits are shared 50:50 between House and monkey. Losses are borne by the monkey alone. But they win almost every time and rarely lose. That' s why monkeys find this arrangement workable and they do it again and again. Shampain      ( Date: 27-Feb-2018 10:22) Posted: Makes sense if he trying to pay more money to broke
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