| Can someone tell the @$$holes in Greek? | |
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+5swing2sky freedrop salty dog Kookk Daffu 9 posters |
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Daffu Legendary Member
Posts : 3816 Join date : 2010-02-21 Age : 49 Location : Tanjong Pagar GRC
| Subject: Can someone tell the @$$holes in Greek? Tue Nov 01, 2011 3:45 pm | |
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Kookk Legendary Member
Posts : 2941 Join date : 2010-11-03 Location : East
| Subject: Re: Can someone tell the @$$holes in Greek? Tue Nov 01, 2011 4:04 pm | |
| I waiting for rock bottoms markets! Hopefully it will come soon. | |
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salty dog Legendary Member
Posts : 2576 Join date : 2010-02-21
| Subject: Re: Can someone tell the @$$holes in Greek? Tue Nov 01, 2011 4:40 pm | |
| What's wrong? I've made some nice quick buck selling short today. Hehehe
Market doesn't bottom out so quickly. Bear market will last for at least 1-2 years if it comes. Buckle your seatbelt. Meanwhile, trade small. | |
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freedrop Established Member
Posts : 449 Join date : 2010-03-07 Location : Half Way House
| Subject: Re: Can someone tell the @$$holes in Greek? Tue Nov 01, 2011 11:35 pm | |
| Don't wait for rock bottom, just surf the waves and make your money even in volatile markets now. Dow is down again, so watch and buy. | |
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salty dog Legendary Member
Posts : 2576 Join date : 2010-02-21
| Subject: Re: Can someone tell the @$$holes in Greek? Tue Nov 01, 2011 11:56 pm | |
| - freedrop wrote:
- Don't wait for rock bottom, just surf the waves and make your money even in volatile markets now. Dow is down again, so watch and buy.
To short u mean. Dow dropped another 297 last night. | |
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freedrop Established Member
Posts : 449 Join date : 2010-03-07 Location : Half Way House
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 12:30 am | |
| You make money either way : short when it's down trend. Sell when it's up.
Just don't be greedy and know when to cut loss, and when to take profit. Over a period of time, you win more than loss and your nett score will get you enough green fees. In golf terms, don't worry about bogeys, as long as you make more birdies than bogeys. | |
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salty dog Legendary Member
Posts : 2576 Join date : 2010-02-21
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 12:58 am | |
| Good point on both stock and golf. Unfortunately i make much more bogeys than birdie. | |
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swing2sky Chief Moderator
Posts : 9180 Join date : 2010-02-18 Age : 31 Location : At the Mecca of Golf
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swing2sky Chief Moderator
Posts : 9180 Join date : 2010-02-18 Age : 31 Location : At the Mecca of Golf
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 2:04 am | |
| This is normal market cycle. There is always a saying in the market, just don't be the last few suckers when you music stops.. | |
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swing2sky Chief Moderator
Posts : 9180 Join date : 2010-02-18 Age : 31 Location : At the Mecca of Golf
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 2:08 am | |
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salty dog Legendary Member
Posts : 2576 Join date : 2010-02-21
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 2:24 am | |
| This is called "bua jai see".
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rocky Committee
Posts : 2369 Join date : 2010-02-19
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 2:46 am | |
| pool of red... gloomy day ahead. | |
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kopiO Familiar Face
Posts : 123 Join date : 2010-02-20
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 4:37 am | |
| - salty dog wrote:
- Good point on both stock and golf. Unfortunately i make much more bogeys than birdie.
life is fair.... ha... 8-P | |
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VR Highly Valued Member
Posts : 547 Join date : 2010-02-18
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 5:29 am | |
| The last week of October Global market rise was a suckers rally as most traders has anticipated. It has turned up to be another instances of Buy on Rumours and Sell on News which is becoming an all-too-familiar occurrence.
However, you can still make money from this kind of volatile market provided you have the patient and discipline to cut loss and take profit diligently.
Read and watch financial news/reports on CNBC, Bloomberg etc..closely for any latest sign of the global market condition and analysis.
Lastly trade with caution...it is not so simple as selling short when the market is down and buying low when you think the market is on the upside...
Happy trading for those risk takers and Good Luck!!!
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Uncle Lau Chief Moderator
Posts : 19965 Join date : 2010-02-18 Age : 59 Location : English Bridge Ave
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 7:30 am | |
| Wah...the master have spoken..... | |
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salty dog Legendary Member
Posts : 2576 Join date : 2010-02-21
| Subject: Re: Can someone tell the @$$holes in Greek? Wed Nov 02, 2011 8:26 am | |
| Sound advise from the master So did u made a kill from yesterday and today? I closed my shorting in the morning after seeing the pull back. | |
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VR Highly Valued Member
Posts : 547 Join date : 2010-02-18
| Subject: Re: Can someone tell the @$$holes in Greek? Thu Nov 03, 2011 3:33 am | |
| - salty dog wrote:
- Sound advise from the master
So did u made a kill from yesterday and today?
I closed my shorting in the morning after seeing the pull back.
We don't kill.... We normally slaughter!! haha Frankly, We have closed our position for the year!!...as our target/goals has been achieved.. this is discipline and being conservative.. can't be too greedy... Excessive risk-taking and over-leverage will definitely cause trouble in this volatile and unpredictable market condition, just look what has happened to MF Global who filed for bankruptcy recently...You may think they are Big Time investor/traders.. but the guiding principle is similar for us..if you wish to play the stock market, do it within your means.. Do not over-leverage or better still, don't take on a leverage account. | |
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salty dog Legendary Member
Posts : 2576 Join date : 2010-02-21
| Subject: Re: Can someone tell the @$$holes in Greek? Thu Nov 03, 2011 3:36 am | |
| Wah so early achieve your target liao. Salute !!!!
I have not met my quota yet lay, that's why trying to catch up in the last 2 months. hehehhe | |
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