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The Trading Floor
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wavehunter
Supreme |
04-Dec-2020 08:35
Yells: "Trade what you see, not what you hope to see." |
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Dow closed +85. Futures at +61. |
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TikTalk
Supreme |
03-Dec-2020 23:30
Yells: "Anyone miss me?" |
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Thanks bro simpleguy123
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WhereI
Master |
03-Dec-2020 23:16
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Would u be interested in a new thread on s reits since u know about reits so well?
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WhereI
Master |
03-Dec-2020 23:14
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U got it simpleguy
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simpleguy123
Elite |
03-Dec-2020 23:12
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Frasers Centerpoint Trust?
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WhereI
Master |
03-Dec-2020 23:11
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Lastly, I thot of starting a thread on s reits. Anyone here interested?? You guys can maintain the thread, and contribute... I only moderate.
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TikTalk
Supreme |
03-Dec-2020 23:11
Yells: "Anyone miss me?" |
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Bro, what is FCT reits?
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WhereI
Master |
03-Dec-2020 23:00
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But go for big ones. Those needing cash and merging, avoid for the moment Hor...
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WhereI
Master |
03-Dec-2020 22:54
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Yes I share same sentiments. Overweight reits. | ||||
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wavehunter
Supreme |
03-Dec-2020 22:50
Yells: "Trade what you see, not what you hope to see." |
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wavehunter
Supreme |
03-Dec-2020 21:55
Yells: "Trade what you see, not what you hope to see." |
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Bro TikTalk, You bely farnie.    ![]() I must say your way of explaining which method is better is indeed unique, original and thought-provoking.  ![]()
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WhereI
Master |
03-Dec-2020 21:10
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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. |
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TikTalk
Supreme |
03-Dec-2020 18:30
Yells: "Anyone miss me?" |
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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...  
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Maxgrow68
Elite |
03-Dec-2020 15:37
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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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!   |
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wavehunter
Supreme |
03-Dec-2020 15:18
Yells: "Trade what you see, not what you hope to see." |
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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. |
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wavehunter
Supreme |
03-Dec-2020 15:13
Yells: "Trade what you see, not what you hope to see." |
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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.  ![]()
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rotijai
Supreme |
03-Dec-2020 15:04
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wah... " clap clap clap"
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Maxgrow68
Elite |
03-Dec-2020 14:55
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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Maureen gentle lady stay within range 1.62 - 1.65... bo tong.... | ||||
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nghonpo
Veteran |
03-Dec-2020 14:55
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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.
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wavehunter
Supreme |
03-Dec-2020 14:50
Yells: "Trade what you see, not what you hope to see." |
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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.  |
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