Trading Techniques   

The Trading Floor

Would u be interested in a new thread on s reits since u know about reits so well?

simpleguy123      ( Date: 03-Dec-2020 23:12) Posted: Frasers Centerpoint Trust? TikTalk      ( Date: 03-Dec-2020 23:11) Posted: Bro, what is FCT reits

 

U got it simpleguy

simpleguy123      ( Date: 03-Dec-2020 23:12) Posted: Frasers Centerpoint Trust? TikTalk      ( Date: 03-Dec-2020 23:11) Posted: Bro, what is FCT reits

 

Frasers Centerpoint Trust?

TikTalk      ( Date: 03-Dec-2020 23:11) Posted: Bro, what is FCT reits? wavehunter      ( Date: 03-Dec-2020 22:50) Posted:

 

Lastly, I thot of starting a thread on s reits. Anyone here interested?? You guys can maintain the thread, and contribute... I only moderate.

WhereI      ( Date: 03-Dec-2020 23:00) Posted: But go for big ones. Those needing cash and merging, avoid for the moment Hor... WhereI      ( Date: 03-Dec-2020 22:54) Posted: Yes I share same sentiments. Overweight reits.

 

Bro, what is FCT reits?

wavehunter      ( Date: 03-Dec-2020 22:50) Posted:

 

But go for big ones. Those needing cash and merging, avoid for the moment Hor...

WhereI      ( Date: 03-Dec-2020 22:54) Posted: Yes I share same sentiments. Overweight reits.

 

Yes I share same sentiments. Overweight reits.

 

 

Bro TikTalk,

You bely farnie.   
I must say your way of explaining which method is better is indeed unique, original and thought-provoking. 

TikTalk      ( Date: 03-Dec-2020 18:30) Posted: Allow me to put it this way and I am not just referring to Riverstone but any stocks. Scenerio 1) Let say one bought a stock at $1.00, and it goes down to 90 cents and one buy again and  then it goes down to 80 cents you average down again. Senerio 2) Let say one bought a stock at $1.00, and it goes up to 1.10 and you buy again, and it goes up again to 1.20 and you average up again. In scenerio 1, you are buying a 2nd time when you first purchase was wrong thats y it went down, so what  makes you think your 2nd purchase will be correct when you didnt get the first buy right, and then the 3rd purchase after 2 wrong purchased, again what makes you think the 3rd will be right when you didnt  get the first two purchased right. This is averaging a losing position or repeating your wrong habit. In scenerio 2, you make another purchased after knowing that your first purchased was right, and then you make a 3rd purchased knowing the first 2 purchased was correct, so you are repeating your correct habit by adding to your winning positions, of course i am not asking you to keep average up as one day it will be too expensive. In scenerio 1, wrong already you still do it a 2nd time or 3rd, in scenerio 2, once correct then you do it again, you can see which is better.,   You see if you buy a stock and it goes down, you dont buy again, you only die once otherwise you can die many times. Wait until it goes higher than your earlier purchase then buy again, people are willing to pay higher liao le thats y go up right. Otherwise every time goes lower people not willing to pay right then you go and pay for what?   If you buy a stock and it goes up you buy again, shiock liao ma, go up again buy lor shiok 2 times right. You see lor...   wavehunter      ( Date: 03-Dec-2020 15:18) Posted: Riverstone..... Those of you who still believe in the FA of this company and are staying in the fight, do not add. Not when she is still falling. Wait for her to bottom out and U-Turn first. Then add. She is still falling ...so not point adding now. What you add today will be underwater tomorrow. Dont add on the way down. Add on the way up.

 

Tktalk, your argument is based on the premise that if u buy a stock and it immediately went down, that was a wrong trade.   
yes that is true if you had a day or a week to trade this away. But for investors, one never really be sure what a stock would do a day or two after u buy. So if it falls say ten percent, one cannot conclude that was a bad investment. From a trading perspective, one would have already been stopped out. So one will relook at another entry point. But as for investing, it is different. Mr market may be wrong in pricing the stock for a time. So you may not have bought wrongly just because it went down after you bought. Hence, to buy again would not be wrong provided the fundamentals have not changed. These conditions are important to understand so that we do not become too engrossed in the Short term price action, but in the long term prospects of a company.

 

Allow me to put it this way and I am not just referring to Riverstone but any stocks.

Scenerio 1) Let say one bought a stock at $1.00, and it goes down to 90 cents and one buy again and 
then it goes down to 80 cents you average down again.

Senerio 2) Let say one bought a stock at $1.00, and it goes up to 1.10 and you buy again, and
it goes up again to 1.20 and you average up again.

In scenerio 1, you are buying a 2nd time when you first purchase was wrong thats y it went down, so what 
makes you think your 2nd purchase will be correct when you didnt get the first buy right, and then the
3rd purchase after 2 wrong purchased, again what makes you think the 3rd will be right when you didnt 
get the first two purchased right. This is averaging a losing position or repeating your wrong habit.

In scenerio 2, you make another purchased after knowing that your first purchased was right, and then you
make a 3rd purchased knowing the first 2 purchased was correct, so you are repeating your correct habit by adding
to your winning positions, of course i am not asking you to keep average up as one day it will be too expensive.

In scenerio 1, wrong already you still do it a 2nd time or 3rd, in scenerio 2, once correct then you do it again, you can see which is better.,
 
You see if you buy a stock and it goes down, you dont buy again, you only die once otherwise you can die many times.
Wait until it goes higher than your earlier purchase then buy again, people are willing to pay higher liao le thats y go up right.
Otherwise every time goes lower people not willing to pay right then you go and pay for what?
 
If you buy a stock and it goes up you buy again, shiock liao ma, go up again buy lor shiok 2 times right.

You see lor...
 

wavehunter      ( Date: 03-Dec-2020 15:18) Posted: Riverstone..... Those of you who still believe in the FA of this company and are staying in the fight, do not add. Not when she is still falling. Wait for her to bottom out and U-Turn first. Then add. She is still falling ...so not point adding now. What you add today will be underwater tomorrow. Dont add on the way down. Add on the way up.

 

CBA (Credit Bureau Asia) said they dont hv a fixed div policy however  intends to recommend div of at least 90pc of NPAT for FY 2021/22.
So high wor!  Doing now 1.12 after hit high 1.19  low 1.10 (IPO 93c).  Can consider????
 

 

Riverstone.....

Those of you who still believe in the FA of this company and are staying in the fight, do not add.
Not when she is still falling.
Wait for her to bottom out and U-Turn first. Then add.
She is still falling ...so not point adding now.
What you add today will be underwater tomorrow.
Dont add on the way down.
Add on the way up.

 

Towkay rotijal,

Kamsiah Kamsiah Kamsiah.
And I am back in the queue to book for myself another balcony room at 309 down to 306.
Book a few rooms...one for each porcupine. 

rotijai      ( Date: 03-Dec-2020 15:04) Posted: wah... " clap clap clap" wavehunter      ( Date: 03-Dec-2020 14:19) Posted: My SELL order for Mamasan at 3.13 juz filled. This one is cash account one.  Counterparties are UOBKayHIan and HSBC. This one......I made a meal voucher worth $126.04. Praise the Good Lord !!!!!

 

wah...

" clap clap clap"

wavehunter      ( Date: 03-Dec-2020 14:19) Posted: My SELL order for Mamasan at 3.13 juz filled. This one is cash account one.  Counterparties are UOBKayHIan and HSBC. This one......I made a meal voucher worth $126.04. Praise the Good Lord !!!!!    rotijai      ( Date: 03-Dec-2020 10:21) Posted: wah boss wave you are fast..

 

Maureen gentle lady stay within range 1.62 - 1.65... bo tong....

 

I still remember when DBS hit $16 plus during the beginning of the C 19. Good benchmark.


Any other views   from the kakis in this thread?

Fortune Favour the Brave.

valve2020      ( Date: 03-Dec-2020 14:49) Posted: agreed bro Po...chance favors the prepared cash? in case avalanche hits...all we have to do is scoop up bargain basement stock prices...lol nghonpo      ( Date: 03-Dec-2020 14:29) Posted: The possibility is high. There are groups of para military group   that support DT.   Would be good to have cash in hand in case S... hit . Don' t waste a good crisis.

 

CNA...

Chinese companies listed in US Stock Exchanges have 3 years to comply with requirements of US regulators or face delisting.
Main requirement is Chinese companies must give US regulators access to their books. House has passed this Bill now waiting
for Trump to sign it. 

No wonder Futures not spooked. Nothing lah. These Chinese companies will simply comply lor. Or go private and re-list in another
Exchange. 

 

agreed bro Po...chance favors the prepared cash? in case avalanche hits...all we have to do is scoop up bargain basement stock prices...lol

nghonpo      ( Date: 03-Dec-2020 14:29) Posted: The possibility is high. There are groups of para military group   that support DT.   Would be good to have cash in hand in case S... hit . Don' t waste a good crisis. valve2020      ( Date: 03-Dec-2020 14:04) Posted: trump has nothing to lose...he is facing multiple lawsuits after 20 January 2021 and the threat of bankruptcy for the seventh time as his businesses is facing mounting debts of over $1b ... We&rsquo re watching Trump&rsquo s 7th bankruptcy unfold (yahoo.com)

 

Futures at -38.
Not -3800.
So the coup rumour is probably just somebody who wants to chill.