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fatpanda
    27-Mar-2019 13:14  
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Bro,

There would be a road block @2.55 (The upper resistance line of the downtrend channel). Could you push Sam through with your Tua Phaw?

shangli      ( Date: 27-Mar-2019 12:47) Posted:

i go in sam small small 60 lots +, plus that day bought few hundred lots in hand

 
 
fatpanda
    27-Mar-2019 13:10  
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Bro,

OK... CUT!

shangli      ( Date: 27-Mar-2019 12:15) Posted:

bro, cut loss is a must if you think you enter long at high price or enter short al low price lo.

but like sph, we bought at 2.38/2.39, it is already more than  10 cents lower  from the recent high price and the risk of it further falling may just limited to 2.35 nia, so how to cut? loon is the better option, UNLESS, UNLESS your account has no more fund and you see a better stock to go in, so there is no harm you cut loss eg at 2.37 and switch to new counter lo. Sometimes i also do it this way, go in market too too heavy, but i still has fund, but to play safe and don want to over expose to stock market,

the scenario is, all stock goes down in a particular days , eg crapland go down 0.2% but banks go down 1.5%, so i will cut crapland either win small or losst small and switch it to banks. Reasons i am doing this is i already enter at " relatively low price" ma since bank drop so much and bet banks will rebound. so i can make more money choosing banks rather than holding crapland lo

fatpanda      ( Date: 27-Mar-2019 12:07) Posted:

Bro,

Sorry. it should be more. I just checked the current trade history. My actual profit is S$129.10. Hehehe...
 
Date Type Description Period Size Opening Closing Ccy Amount  
27/03/19 DEAL GBP/JPY Mini converted at 0.01217914522321 - +20 145.699 145.752 SD SD129.10  

That' s why I am so particular on my indicators and strict rules when come to trading on FX and indices. And cut loss also fast. But, all these seem not apply to my stock trading. My stock trading was mainly overide by emotion and " Tee Kee" . Wa...hahaha... 


 
 
shangli
    27-Mar-2019 12:47  
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i go in sam small small 60 lots +, plus that day bought few hundred lots in hand
 

 
shangli
    27-Mar-2019 12:40  
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bro. another thing for you to observe. cmt also ever drop to 2.33, so this is a temporary lower range

so the range is 2.33 to 2.41, if you enter at 2.38, ask yourself chances of making money lo, if go 2.40, you make 2 cents nia, worth or not? if drop, it can go eg 2.34-2.35, then drop margin is bigger than gain margin lo. the best to enter is 2.34, this 2.34 also need to see first la, if other 3M all hosay, 2.35 also can buy lo. but if other 3M all dropping 3-5 cents, then even 2.33 also need to be careful already.

 

Kazerin      ( Date: 27-Mar-2019 12:28) Posted:

Bro, u r right. But having observe cmt for sometime it still looks weak and today drop to 2.38 and i can go in at better price if u want to. Or wait till it drop to 2.33 to 2.34 like that cause thats where its previous support is.

shangli      ( Date: 27-Mar-2019 11:54) Posted:

bro, congrat to you cmt winning, for me i do it this way

if cmt goes to 2.47 then retrace to 2.4-2.41, then i will go in cmt at 2.40-2.41, cause this is the fact that cmt ever goes 2.47 and this is the new top of a trading range, so hopefully  it may rebound to 2.47

but if cmt only goes very brief on 2.44/2.45 and retrace, then 2.40-2.41 for me is relatively risk, i will not go in, but will go in on 2.36-2.38 level, again this is my own trading rules, DYOD


 
 
Kazerin
    27-Mar-2019 12:28  
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Bro, u r right. But having observe cmt for sometime it still looks weak and today drop to 2.38 and i can go in at better price if u want to. Or wait till it drop to 2.33 to 2.34 like that cause thats where its previous support is.

shangli      ( Date: 27-Mar-2019 11:54) Posted:

bro, congrat to you cmt winning, for me i do it this way

if cmt goes to 2.47 then retrace to 2.4-2.41, then i will go in cmt at 2.40-2.41, cause this is the fact that cmt ever goes 2.47 and this is the new top of a trading range, so hopefully  it may rebound to 2.47

but if cmt only goes very brief on 2.44/2.45 and retrace, then 2.40-2.41 for me is relatively risk, i will not go in, but will go in on 2.36-2.38 level, again this is my own trading rules, DYODD

Kazerin      ( Date: 27-Mar-2019 11:47) Posted:

Heng i close my CMT 2.40 EP close 2.42 , today immediately drop. lol 
loon 2 weeks. 


 
 
shangli
    27-Mar-2019 12:15  
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bro, cut loss is a must if you think you enter long at high price or enter short al low price lo.

but like sph, we bought at 2.38/2.39, it is already more than  10 cents lower  from the recent high price and the risk of it further falling may just limited to 2.35 nia, so how to cut? loon is the better option, UNLESS, UNLESS your account has no more fund and you see a better stock to go in, so there is no harm you cut loss eg at 2.37 and switch to new counter lo. Sometimes i also do it this way, go in market too too heavy, but i still has fund, but to play safe and don want to over expose to stock market,

the scenario is, all stock goes down in a particular days , eg crapland go down 0.2% but banks go down 1.5%, so i will cut crapland either win small or losst small and switch it to banks. Reasons i am doing this is i already enter at " relatively low price" ma since bank drop so much and bet banks will rebound. so i can make more money choosing banks rather than holding crapland lo

fatpanda      ( Date: 27-Mar-2019 12:07) Posted:

Bro,

Sorry. it should be more. I just checked the current trade history. My actual profit is S$129.10. Hehehe...
 
Date Type Description Period Size Opening Closing Ccy Amount  
27/03/19 DEAL GBP/JPY Mini converted at 0.01217914522321 - +20 145.699 145.752 SD SD129.10  

That' s why I am so particular on my indicators and strict rules when come to trading on FX and indices. And cut loss also fast. But, all these seem not apply to my stock trading. My stock trading was mainly overide by emotion and " Tee Kee" . Wa...hahaha... 

shangli      ( Date: 27-Mar-2019 11:59) Posted:

wa...around sgd 1700 for the contract and make 126, which is 7.5% margin...high gain high loss bro laugh


 

 
fatpanda
    27-Mar-2019 12:07  
Contact    Quote!
Bro,

Sorry. it should be more. I just checked the current trade history. My actual profit is S$129.10. Hehehe...
 
Date Type Description Period Size Opening Closing Ccy Amount  
27/03/19 DEAL GBP/JPY Mini converted at 0.01217914522321 - +20 145.699 145.752 SD SD129.10  

That' s why I am so particular on my indicators and strict rules when come to trading on FX and indices. And cut loss also fast. But, all these seem not apply to my stock trading. My stock trading was mainly overide by emotion and " Tee Kee" . Wa...hahaha... 

shangli      ( Date: 27-Mar-2019 11:59) Posted:

wa...around sgd 1700 for the contract and make 126, which is 7.5% margin...high gain high loss bro laugh

fatpanda      ( Date: 27-Mar-2019 11:54) Posted:

Bro,

JPY 2000 per point. 

Date          Time              FX                    Contract size      Price                Value          Position
======================================================================

27Mar19 10:40:10    GBP/JPY Mini    ¥             +20            145.699 29,      139,800.00    OPEN 
27Mar19 11:16:00    GBP/JPY Mini    ¥             -20            145.752 29,      150,400.00    CLOSE 

IG margin requirement 2% of the value. 


 
 
fatpanda
    27-Mar-2019 11:59  
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Bro,

Thank. Panda' s head would be very big when deal with FX contract size and margin requirement. I only see the immediate P/L figure on the screen chart after an order is executed. That would be the figure that I would laugh or cry later.

Kazerin      ( Date: 27-Mar-2019 11:45) Posted:

1 contract on GBNJPY mini is about $300-400 margin. so 20 contracts is about 6-7k
 

fatpanda      ( Date: 27-Mar-2019 11:30) Posted:

Bro,

I really don' t check, so not sure. I trade 20 contracts on GBP/JPY mini. I thought of going with 50 contracts but better start with small contracts first. 


 
 
shangli
    27-Mar-2019 11:59  
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wa...around sgd 1700 for the contract and make 126, which is 7.5% margin...high gain high loss bro laugh

fatpanda      ( Date: 27-Mar-2019 11:54) Posted:

Bro,

JPY 2000 per point. 

Date          Time              FX                    Contract size      Price                Value          Position
======================================================================

27Mar19 10:40:10    GBP/JPY Mini    ¥             +20            145.699 29,      139,800.00    OPEN 
27Mar19 11:16:00    GBP/JPY Mini    ¥             -20            145.752 29,      150,400.00    CLOSE 

IG margin requirement 2% of the value. 

shangli      ( Date: 27-Mar-2019 11:31) Posted:

one contract how much you no idea? surprise


 
 
shangli
    27-Mar-2019 11:54  
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bro, congrat to you cmt winning, for me i do it this way

if cmt goes to 2.47 then retrace to 2.4-2.41, then i will go in cmt at 2.40-2.41, cause this is the fact that cmt ever goes 2.47 and this is the new top of a trading range, so hopefully  it may rebound to 2.47

but if cmt only goes very brief on 2.44/2.45 and retrace, then 2.40-2.41 for me is relatively risk, i will not go in, but will go in on 2.36-2.38 level, again this is my own trading rules, DYODD

Kazerin      ( Date: 27-Mar-2019 11:47) Posted:

Heng i close my CMT 2.40 EP close 2.42 , today immediately drop. lol 
loon 2 weeks. 

shangli      ( Date: 27-Mar-2019 11:15) Posted:

sti stocks, the most we trade say 25 counters

4M, capitaland land, comfort delgro, st enginnering, thai bev, all show no sign of pull back and indeed most  of them strengthening over times, they are roughly 33% of the stock we are trading

The rest are banks, sgx, sti, sam,sph, all these stocks still doing range bound, and is 2/3 of the stock we trade

if happen you short and loon, chances of having big losses is 1/3, chances of gain or loss is 2/3.

conclusion is, not all stock can loon, loon to win is bull shit, just be mindful to cut loss if you short when the counter shoot over the range, just like taxi or ascendas


 

 
fatpanda
    27-Mar-2019 11:54  
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Bro,

JPY 2000 per point. 

Date          Time              FX                    Contract size      Price                Value          Position
======================================================================

27Mar19 10:40:10    GBP/JPY Mini    ¥             +20            145.699 29,      139,800.00    OPEN 
27Mar19 11:16:00    GBP/JPY Mini    ¥             -20            145.752 29,      150,400.00    CLOSE 

IG margin requirement 2% of the value. 

shangli      ( Date: 27-Mar-2019 11:31) Posted:

one contract how much you no idea? surprise

fatpanda      ( Date: 27-Mar-2019 11:30) Posted:

Bro,

I really don' t check, so not sure. I trade 20 contracts on GBP/JPY mini. I thought of going with 50 contracts but better start with small contracts first. 


 
 
shangli
    27-Mar-2019 11:49  
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good morning sis, welcome you here

looning is what long practiced in TFA la, but only lately, just lately, they change the tune of either looning or cut depends on individual. If you look at pass few months posting, there are only looning and no cut loss, loon to win is the prime philoshopy, the mindset is paper loss is not a loss. How can a paper loss is not a loss le even you don cut it  and this is particularly true for short position.

Sis, everytime i warn fellow bro and sis regarding the danger of looning and stock trading one direction or i call it one dragon which is slowly and steady go up  sure there are people come out to influence people that market will pullback. I been warn them since jan and end up some not happy and flame me already laugh

When bro marko crying for his 4M, then some so call bro flame him, the most ugly is, some even making joke and have funs for his suffering with sarcastic post, not right la.

i enter cmt, and having paper loss, then few of them calculate on behalf of me, -6500,-13000,-19500, very not song la if you see this.

Anyway i notice you cut lost on taxi, taxi days ago i already said it may go 2.56/2.57, cause some big shareholder is accumulating the stock. but again, sis you are an savvy trader, i also salute you. you are good at balancing between looning or cutting.

One last thing, the one that advocate looning for crapland i am sure has cut loss on capitaland short, if you don believe, ask for the picture of portfolio. so i feel is very not ethical to practice loon to or teaching to  others but quietly he/she out of the game already

MeiXin      ( Date: 27-Mar-2019 11:33) Posted:

HI Bro Shangli,

Good to hear your business is flourishing. :) I wish you success in all your businesses and share trading. Let' s concentrate in our own trades. Just make profitable trade for ourselves and if possible share with our bro and sis here if we are confident of a counter. The rest is up to each individual to cut or loon. I practise both. But if a trader choose to practise loon or cut only then its up to him or her. No fix rule in trading and no method is Bull shxxx. Dont scold me har cos it is really quite painful to read your strong comments sometimes. May I remind TFA friends to stop using " If dont cut will die ugly" . We are here to profit not vent our frustration on others or trade until so happy. For what lare?
 

shangli      ( Date: 27-Mar-2019 11:15) Posted:

sti stocks, the most we trade say 25 counters

4M, capitaland land, comfort delgro, st enginnering, thai bev, all show no sign of pull back and indeed most  of them strengthening over times, they are roughly 33% of the stock we are trading

The rest are banks, sgx, sti, sam,sph, all these stocks still doing range bound, and is 2/3 of the stock we trade

if happen you short and loon, chances of having big losses is 1/3, chances of gain or loss is 2/3.

conclusion is, not all stock can loon, loon to win is bull shit, just be mindful to cut loss if you short when the counter shoot over the range, just like taxi or ascendas


 
 
Kazerin
    27-Mar-2019 11:47  
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Heng i close my CMT 2.40 EP close 2.42 , today immediately drop. lol 
loon 2 weeks. 

shangli      ( Date: 27-Mar-2019 11:15) Posted:

sti stocks, the most we trade say 25 counters

4M, capitaland land, comfort delgro, st enginnering, thai bev, all show no sign of pull back and indeed most  of them strengthening over times, they are roughly 33% of the stock we are trading

The rest are banks, sgx, sti, sam,sph, all these stocks still doing range bound, and is 2/3 of the stock we trade

if happen you short and loon, chances of having big losses is 1/3, chances of gain or loss is 2/3.

conclusion is, not all stock can loon, loon to win is bull shit, just be mindful to cut loss if you short when the counter shoot over the range, just like taxi or ascendas

 
 
Kazerin
    27-Mar-2019 11:45  
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1 contract on GBNJPY mini is about $300-400 margin. so 20 contracts is about 6-7k
 

fatpanda      ( Date: 27-Mar-2019 11:30) Posted:

Bro,

I really don' t check, so not sure. I trade 20 contracts on GBP/JPY mini. I thought of going with 50 contracts but better start with small contracts first. 

shangli      ( Date: 27-Mar-2019 11:26) Posted:

i mean for you to get this 126, how much fund needed to open a trade l


 
 
shangli
    27-Mar-2019 11:34  
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buy at 6.10-6.12, sell at 6.2x level lo, play safe, 6.10-6.25 is the present trading range for kep. no point enter 6.18 and sell at 6.21, trading fees take most of the gain, hard to say when you buy 6.18 then price go down, risk is higher la

valve88      ( Date: 27-Mar-2019 11:32) Posted:

intend to but looking at the stock kept going upwards, was wondering  frown

shangli      ( Date: 27-Mar-2019 11:28) Posted:

bro you go short


 

 
MeiXin
    27-Mar-2019 11:33  
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HI Bro Shangli,

Good to hear your business is flourishing. :) I wish you success in all your businesses and share trading. Let' s concentrate in our own trades. Just make profitable trade for ourselves and if possible share with our bro and sis here if we are confident of a counter. The rest is up to each individual to cut or loon. I practise both. But if a trader choose to practise loon or cut only then its up to him or her. No fix rule in trading and no method is Bull shxxx. Dont scold me har cos it is really quite painful to read your strong comments sometimes. May I remind TFA friends to stop using " If dont cut will die ugly" . We are here to profit not vent our frustration on others or trade until so happy. For what lare?
 

shangli      ( Date: 27-Mar-2019 11:15) Posted:

sti stocks, the most we trade say 25 counters

4M, capitaland land, comfort delgro, st enginnering, thai bev, all show no sign of pull back and indeed most  of them strengthening over times, they are roughly 33% of the stock we are trading

The rest are banks, sgx, sti, sam,sph, all these stocks still doing range bound, and is 2/3 of the stock we trade

if happen you short and loon, chances of having big losses is 1/3, chances of gain or loss is 2/3.

conclusion is, not all stock can loon, loon to win is bull shit, just be mindful to cut loss if you short when the counter shoot over the range, just like taxi or ascendas

 
 
valve88
    27-Mar-2019 11:32  
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intend to but looking at the stock kept going upwards, was wondering  frown

shangli      ( Date: 27-Mar-2019 11:28) Posted:

bro you go short?

valve88      ( Date: 27-Mar-2019 11:27) Posted:

dun quite understand the logic. kepcorp has high debts and negative cash flows, yet price still remains stablefrown


 
 
shangli
    27-Mar-2019 11:31  
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one contract how much you no idea? surprise

fatpanda      ( Date: 27-Mar-2019 11:30) Posted:

Bro,

I really don' t check, so not sure. I trade 20 contracts on GBP/JPY mini. I thought of going with 50 contracts but better start with small contracts first. 

shangli      ( Date: 27-Mar-2019 11:26) Posted:

i mean for you to get this 126, how much fund needed to open a trade l


 
 
fatpanda
    27-Mar-2019 11:30  
Contact    Quote!
Bro,

I really don' t check, so not sure. I trade 20 contracts on GBP/JPY mini. I thought of going with 50 contracts but better start with small contracts first. 

shangli      ( Date: 27-Mar-2019 11:26) Posted:

i mean for you to get this 126, how much fund needed to open a trade le

fatpanda      ( Date: 27-Mar-2019 11:25) Posted:

Bro,

I don' t check on margin. Same as before, hit and go if I see all my indicators give me the trade signal at the same time. SWEE boh


 
 
shangli
    27-Mar-2019 11:28  
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bro you go short?

valve88      ( Date: 27-Mar-2019 11:27) Posted:

dun quite understand the logic. kepcorp has high debts and negative cash flows, yet price still remains stablefrown

 
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