
just load up 1K or some comfy amount @ 1.03 for the fun of it lah :)
1.15 sell again. At least also have 6% gain.
IMHO, now is not the time to short. Risk for shorting is high now.
As pointed by you, good time is when it is at juicy peak..LOL
On hindsight, if shorted Jan or Feb 11, now is a v good pft!! But who can see it??
I still don't know how to short. Wanted to try but the thought of it scares me....
Will postpone it until i'm more skillful in long first.
iPunter ( Date: 15-Sep-2011 09:13) Posted:
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I always ask newbies not to play shorting,
    unless they have had long experience of longing.
              Which means that they must have bought and
                        sold successfully for a period of years.
                                    If not, newbies must never play shorting at all...

tiancai007 ( Date: 12-Sep-2011 17:25) Posted:
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  ALMOST THE WHOLE WEEK HAS BEEN QUITE BORING FOR COSCO.HOPE THERE IS SOME ACTIVITY NEXT WEEK????????
As I have always said...EXIT is a skill of art.....  Anyway, if anyone just blindly follow others, then  they deserve to pay tuition..... Every view should only be use for reference and not blindly follow.....
Anyway  I really advise TRY  not to buy CPL or any property counters..... It is not  call, but just my view... And I am always wrong, so you can dont need to listen... lol
But when to exit is the question? Is it the bottom is limitless? Lol. Very dangerous to just short, must learn to exit as well. BBs like to catch shortists. Newbies see ur msg will happily short but dunno when to cover by...
Isolator ( Date: 12-Sep-2011 14:41) Posted:
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Sell and stay away from markets..... Or Short it.... lol
totally agreed. happy trading.
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
Isolator ( Date: 12-Sep-2011 11:06) Posted:
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Yes, it is easier to say than done. Sometime it is the " devil" inside you that overrules your rationale thinking. This is where emotion plays the biggest role.
Still learning and practicing.

Isolator ( Date: 12-Sep-2011 11:06) Posted:
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EXIT a position  is the art..... Not many can master it.....  Greed and ego are the main causes
hi your story seems like my friends, one bot capitaland at 1.3, it rose to around $8, but she said ppl said will go up to $10, why sell, when it drops to $6, alerted her, she said it will never go below $4, it all the way to 1.89+ if i remember correct,
Another lady, said she bot sgx less than $0.50(think is around 0.2-0.3), hold till around $16-18, want to wait for $20, ...
Got profits take first, why wait..
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
 
andreytan ( Date: 12-Sep-2011 00:34) Posted:
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  DBS a solid blue chip...but if you have bought DBS at $28. or even 20
you are still sitting on big losses!!! even with all the div pay out from the day u bought the counter, i dont think you can see your money back,
so the consolation is ,,, someone the other day say..." i have take a long term view" .
this is wrong,   saying you are a long term invester is self consolation...self comfort....when you buy a stock and you are proven wrong on entry, you must cut lose fast.
the mkt since 2000 till nw is not longer for long term investemnt..you go see the chart.. 
in this case , your money is forever capture in this counter is equal to opportunity miss somewhere.
when mkt present you a rally later to make money, you got no capital to buy, because you did protect your capital   with a stop loss at first.
CUT LOSSES FAST AND NEVER EVER AVERAGE DOWN,  
 
Why cut your lose early is the way?
let me tell you a real case, i have a friend who bought this counter at 4 plus and it went to 8 ..but he did not take profit.
he became greedy, and was looking at tg px 10..then it went reverse till today 1 plus...and to make thing worse, he average down,
catch a falling knife.
instead of big profit, now sitting on hugh losses..
3 leeson here,,
1)   never be too greedy, if mkt can give you 100%   within a short period, the god is smiling at you..take profit and wait for another opportunity.
mkt is always there. 
2)   never , never average down, you can only average up on a uptrend stock.
3) what go down must come up and what go up must come down???not true,,, some stock go down   and stay there or worse disappear from the SGX. 
now you tell me, when will COSCO go back to $8!!!!!!!!!!! 
 
Hi wishbone, u mean gapdown / bearish? thks in advance.
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
Cosco and all the others in the same industry likely to eat grass liao tomorrow.

On Friday, Cosco re-test the 20 days MA and closed at $1.03 with LOW volume of 11.56 million shares traded.
A black candle sticks with little upper shadow indicates there are little interest in buying the stocks higher.
Both RSI & MACD are flat as RSI trend sideways.
Important Resistance of Cosco: $1.125
Immediate Support of Cosco: $0.975
Currently prices are resisted by 20 days MA.
Since 16/Aug................ READ MORE
 
They are giving DBS to use the shares... dont bother about this.... But you need to worry that Cosco breaking 0.965....
Cosco: Temasek no longer a substantial shareholder.
Temasek ceased to be a substantial shareholder of Cosco Corporation (S) after a series of transactionsby subsidiaries of DBS Group holdings,an associated company of
Temasek. Temasek’s total deemed interest in Cosco, held through DBS and Sembcorp Marine dropped from 5.0025%
to 4.98%. (Source: The Business Times)
It can be gambling if you are trading short term. But if you trade mid term, it more like trading as it is in downtrend.... lol
I think the mkt is just directionless. It could go either way after the Congress speech. Now is like playing 大 小 . If the Republicans reject Obama's plan, u will be a big LS tomorrow. So Gamblers, Hold your fire! 
Isolator ( Date: 08-Sep-2011 09:48) Posted:
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