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SGX consider giving traders their lunch break Post Reply Rate topic
lifeisgood Supreme	27-Feb-2017 11:39        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	One major criticism at SGX is that it always tends to favor the big boys. Those boys with the heavy machinery, manpower, technoligical prowess, and they pay negligible commission, whereas the retails, human trader get the short end of the sticks, and grossly disadvantaged. ie, SGX wants us to BECOME LUNCH for the big boys. Do we like it?
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lifeisgood Supreme	27-Feb-2017 11:11        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	During lunch, people also can discuss things that cannot talk on the phone. Best is market stays closed, so no need to jaga the share price.  haizzz      ( Date: 26-Feb-2017 23:42) Posted: Lunch break needed to give broker an hour to go out and chase payment
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jlim777 Senior	27-Feb-2017 06:32        jlim777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good explanation lifeisgood      ( Date: 26-Feb-2017 17:10) Posted: Let me explain SLOWLY to you, so that even the folks at SGX will understand when they read this. If you have an open trading position and the market stays open while you are out for lunch, while the algo trading continue humming as they dont need lunch, what happens? How are you going to react? You bring a laptop and stare at the screen while you eat? Or ask your brokers to watch for you, and set trading rules for all your open positions? Lots of time, one may not be able to set all the protective stops. A broker also cant react fast enough too as the broker needs to call you to execute trades when unexpected situations arise. Take for example, Noble last Friday. The meltdown happened in split seconds. If it happend during lunch, do you think you can react fast enough? Whereas if you are watching, you can decide faster as it is your own money, own positions.  By leaving the market open (continuous all day trading), humans are at a disadvantage, as humans need to eat and rest, but machines dont. Do I need to elaborate more? investshare      ( Date: 26-Feb-2017 16:39) Posted: but why that' s needed? we can take break any time we want.
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haizzz Senior	26-Feb-2017 23:42        haizzz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lunch break needed to give broker an hour to go out and chase payment
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Octavia Supreme	26-Feb-2017 20:53        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	MichaelSchenker      ( Date: 26-Feb-2017 08:20) Posted: There was a time when they even thought of running 24 hours. Sounds too much like a casino.
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lifeisgood Supreme	26-Feb-2017 17:10        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let me explain SLOWLY to you, so that even the folks at SGX will understand when they read this. If you have an open trading position and the market stays open while you are out for lunch, while the algo trading continue humming as they dont need lunch, what happens? How are you going to react? You bring a laptop and stare at the screen while you eat? Or ask your brokers to watch for you, and set trading rules for all your open positions? Lots of time, one may not be able to set all the protective stops. A broker also cant react fast enough too as the broker needs to call you to execute trades when unexpected situations arise. Take for example, Noble last Friday. The meltdown happened in split seconds. If it happend during lunch, do you think you can react fast enough? Whereas if you are watching, you can decide faster as it is your own money, own positions.  By leaving the market open (continuous all day trading), humans are at a disadvantage, as humans need to eat and rest, but machines dont. Do I need to elaborate more? investshare      ( Date: 26-Feb-2017 16:39) Posted: but why that' s needed? we can take break any time we want. lifeisgood      ( Date: 26-Feb-2017 07:49) Posted: You are not getting it. Lunch break means SGX stock trading shuts down during lunch time. No more continuous all day trading. Everyone goes for break, whether you trade online or not.
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investshare Supreme	26-Feb-2017 16:39        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	but why that' s needed? we can take break any time we want. lifeisgood      ( Date: 26-Feb-2017 07:49) Posted: You are not getting it. Lunch break means SGX stock trading shuts down during lunch time. No more continuous all day trading. Everyone goes for break, whether you trade online or not. investshare      ( Date: 25-Feb-2017 14:13) Posted: aren' t most ppl trade online now?
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risktaker Supreme	26-Feb-2017 12:22        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Lol indeed haha lifeisgood      ( Date: 26-Feb-2017 11:11) Posted: Everyone takes a break. Come back recharged. Then can even beat the machines. risktaker      ( Date: 26-Feb-2017 08:34) Posted: Market need the 90min break la... traders need break
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lifeisgood Supreme	26-Feb-2017 11:11        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Everyone takes a break. Come back recharged. Then can even beat the machines. risktaker      ( Date: 26-Feb-2017 08:34) Posted: Market need the 90min break la... traders need break
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risktaker Supreme	26-Feb-2017 08:34        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Market need the 90min break la... traders need break
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MichaelSchenker Master	26-Feb-2017 08:20        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	There was a time when they even thought of running 24 hours. Sounds too much like a casino.
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lifeisgood Supreme	26-Feb-2017 07:49        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are not getting it. Lunch break means SGX stock trading shuts down during lunch time. No more continuous all day trading. Everyone goes for break, whether you trade online or not. investshare      ( Date: 25-Feb-2017 14:13) Posted: aren' t most ppl trade online now?
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happyharvest Elite	26-Feb-2017 01:28        happyharvest About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would suggest a shorter break
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investshare Supreme	25-Feb-2017 14:13        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	aren' t most ppl trade online now?
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Yls1033 Member	25-Feb-2017 12:52        Yls1033 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Been investing 20 years and I really like the past where they had their lunch breaks. Market reopens at 2pm and the numbers changes fast than present. Non excitment for us. http://www.businesstimes.com.sg/banking-finance/sgx-said-to-consider-giving-traders-their-lunch-break-back
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