| Latest Forum Topics / CapLand Ascendas RE Last:2.5 -- |
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Ascendasreit
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wavehunter
Supreme |
23-Nov-2017 14:04
Yells: "Trade what you see, not what you hope to see." |
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Bro Coco. Its an okay price to enter if you dont mind holding it till end-Jan 2018, if need be, to sell at 2.70 to 2.76. 2.63 is an okay price but it may not be the lowest we will see between now and end-Jan 2018.
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wavehunter
Supreme |
23-Nov-2017 13:57
Yells: "Trade what you see, not what you hope to see." |
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Bro Coco, Ya, you asked me this question earlier but I forgot to get back to you.  No, I am not a broker. I quit my job to trade full time since 1 Apr 2017. And I am not an expert in technical analysis. My TA in fact, is kindergarten level. The hardcore diehard technical analysis practitioners here who live and die by TA will laugh at my charts and say I talk rubbish. Some of them may.  For me, TA is important in that it is a starting point. It is like a world map. Name me one location which is unheard of and I have no idea where it is. The map will immediately tell me whether it is in the northern or southern hemisphere and which continent it is in and whether it is near the equator, at the tropics or near the Poles. But to get a better picture of the location, I will have to go to the ground level to see if its in a city or a mountainous area or a forest or in a desert. TA is the map. The " go to the ground level" thingy is the realtime price action. For me, the realtime price action matters the most. That' s why when I learn TA which I did by reading online articles and by watching TA videos on Youtube, I stick to the basics and I keep it simple. In my chart, I use only the 20-ema, 50-ema and 200-ema and nothing else. Some traders use Bollinger Bands and some other indicators and what have you. I dont. I keep it simple. A chart which has too many indicators all over the place is like a car windscreen smeared with bird poo. Cant see anything. Visibility is obscured. So I use TA to see what the stock is doing and try to anticipate what it will do next. Price action then comes in next to confirm or deny.  
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wavehunter
Supreme |
23-Nov-2017 13:42
Yells: "Trade what you see, not what you hope to see." |
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x 0 Alert Admin |
Bro Clipper, I tried to reply to your PM many times but the system here kept rejecting my message with an " This is an error message" notification. So no choice. I have to reply to you here and hope you see it. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Very sorry if I get your gender wrong. Unless otherwise indicated, the default setting when I engage an unidentified forumner is that more likely I am dealing with a bro. But if your username is say Lucy123 for example, then that changes the situation altogether. Thank you for your interest in CFD. By now you should know that when I write, I can be somewhat long winded. Though you asked only a few questions, it will take me more than just a few sentences to reply to you. I will reply to you tonite. Probably after 10pm. Coz I need to jagar my positions now. " See you" tonite.   |
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oldcoconut
Senior |
23-Nov-2017 13:39
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Is 2.63 a reit a good p to enter?
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oldcoconut
Senior |
23-Nov-2017 13:37
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Bro wave, r u a broker yourself cos u r an expert in analysis. Mind to share?
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oldcoconut
Senior |
23-Nov-2017 13:34
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x 0 Alert Admin |
Yes Sir !
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wavehunter
Supreme |
23-Nov-2017 12:34
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro Coco, We will have to wait and see whether fund managers are impressed with the alliance, if it materializes. Retail traders all put together cannot move a stock substantially. Only the firepower of fund managers can. I do not know what fund managers will think of the proposed alliance. I believe the mere fact that there is an alliance, if it happens, by itself will not make fund managers excited. The alliance must show positive results. Revenue and earnings must start to come in before fund managers will give her another look. Afterall, there are so many other stocks to park money in. Why take the risk and park money into a counter which is trying to raise earnings but havent done it yet and there is no assurance it will succeed. So let' s wait and see. 
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oldcoconut
Senior |
23-Nov-2017 12:13
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Good afternoon Brother Wave, thanks a lot for your detailed analysis. Do u think that the share p will go up after announcement of the alliance?
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wavehunter
Supreme |
23-Nov-2017 12:04
Yells: "Trade what you see, not what you hope to see." |
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![]() Bro Coco, After hitting a HIGH of 2.80 at the beginning of May 2017, ComfortDelgro was on a downtrend from May to Sep. After falling some    84.5 cts, she found her bottom at 1.955 just after mid-Sep. From then on, she has been trading sideways unable to find enough high grade petrol or diesel to propel herself back up. If you look at the right hand side of the chart, you can see that she is now locked within a trading range of 1.955 to 2.10. The blue horizontal line represents her support and the red line, her resistance. A  trader who wants to trade this stock will buy at support and sell at resistance. I used to trade her for short term - intraday or intra-week. I dont do BUY & HOLD for ComfortDelgro. Just like we dont hire a taxi and hold on to it for days or weeks or months. We hop on for a ride to our destination and then pay the fare and get off. But on those occasions when I  traded ComfortDelgro intraday or intra-week, on getting off this taxi, the taxi uncle gave me a Hong Bao instead as a reward for flagging down his taxi. This counter fell from May to Sep becoz her fundamentals took a hit. For her to rise again from the ashes, fund managers must agree that she is a good stock to buy and keep for capital gains. So far, they are not impressed or convinced that now is a good time to buy her.
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oldcoconut
Senior |
23-Nov-2017 02:12
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x 0 Alert Admin |
Brother Wave, u r so expert in yr technical analysis. r u a broker? | ||||
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oldcoconut
Senior |
23-Nov-2017 01:45
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Brother Wave, what do u think of comfrtdelgo? i read u actve on this stock previously. There r 7 businesses in comfort but a lot of people only associates comfort with taxi only. i know this is not comfort to iscuss here. I did not c yr posts in comfort.
Hope u can reply to me there. Thks.
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oldcoconut
Senior |
23-Nov-2017 01:14
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x 0 Alert Admin |
No worries Brorher Wave. Thks anyway.
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oldcoconut
Senior |
23-Nov-2017 01:12
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Sorry Brother Wave. I m ignorant. I only trad with cash. Do not know is meant by CFD n how it works. Wow, u have deep cash. $63,840 is a lot of cash.
Thanks for yr fast reply.
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wavehunter
Supreme |
23-Nov-2017 00:48
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro Coco, To buy 200 lots of Ascendas REIT using cash means 200,000 x $2.66 = $532,000. I trade with CFD. The 1st 160 lots is at 10% margin meaning 160,000 x $2.66 x 10% = $42,560. The remaining 40 lots is at 20% margin meaning 40,000 x $2.66 x 20% = $21,280. So total cash outlay to furnish as margin to trade 200 lots is $63,840. But when you trade CFD, it is very important that you must always have extra capital to buffer any paper loss you may have. At 200 lots, every bid which is 1 ct... is $2000. If your stock falls by say 3 cts, your paper loss is $6000 and if you dont have that money in your trading account to meet that paper loss, you are at risk of having your position forced closed by your CFD service provider. But as long as you have the capital to buffer your paper loss, that paper loss is just a number. Nothing more. As your stock recovers, your paper loss will be erased. And when your stock is in the money, your paper loss will disappear and show a paper profit instead.
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wavehunter
Supreme |
23-Nov-2017 00:16
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro Coco, Alot of my trading decisions are based on what I see from the price action of a stock. And becoz I know nothing about your stock and neither did I observe the price action, my views will be of no value becoz all I can do is to offer a view based on the chart. Experience has taught me that such an approach is not one where I will put money to work immediately.
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oldcoconut
Senior |
22-Nov-2017 23:24
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i do not have so much funds.i intend to buy 3 lots ( based on 1000 shares) of areit when it is 2.61 or 2.62
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oldcoconut
Senior |
22-Nov-2017 23:21
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x 0 Alert Admin |
Acc golf is not exactly a true blue penny cos now 69 cents.Thought u can give me some advice. No worries bro.
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oldcoconut
Senior |
22-Nov-2017 23:19
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x 0 Alert Admin |
wow, u mean 200 based on 1,000 shares? cost is over 40k?u use cash?
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wavehunter
Supreme |
22-Nov-2017 21:40
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Cant help you there, Bro Coco. I know NOTHING about Accordia Golf. By the way, I play only blue chip counters. I dont touch pennies at all. Except my own.    ![]()
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wavehunter
Supreme |
22-Nov-2017 21:37
Yells: "Trade what you see, not what you hope to see." |
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x 0
x 0 Alert Admin |
Bro Coco, Not that many. Just 200 lots. Old school lots. Using CFD.
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