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3 comment(s). Last comment by bursatrader2018 2019-10-01 10:30
Posted by bursatrader2018 > 2019-09-23 23:14 | Report Abuse
Wonder what is your current yr results on your shorts of FKLI/FCPO/HSI/SP500, +ve,-ve, even ?
Do you short based on technical indicators or gut-feel that the trend is down n a sure bet ?
Isnt there a clear contradiction in being in cash, to avoid market risk and yet embark in risky trading of shorting the index, which is akin to gambling, as there are too many factors that influence the index, beyond what most punters can grasp ?
Posted by bursatrader2018 > 2019-10-01 10:30 | Report Abuse
no status update on your shorts ?esp. the overseas ones..
If need to place risky bets, stick to local indexes, got better chance..
BTW, do you realise that your side bets actually colour your interpretation of the markets ? U r not objective and only see what you want to see...
So, you r not actually in cash, your r in the market, taking risky bets..
In cash : Besides shorting FKLI/FCPO/HSI/SP500 ... i m in cash, awaiting for Deepavali sales ..or perhaps Christmas sales ... I can wait.
01/10/2019 10:29 AM
No result.
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tom
50 posts
Posted by Tom > 2019-09-23 17:23 | Report Abuse
The downtrend not so steep you also dare to short kah....LOL
Sohai cpteh choose wrong stocks then he says "value investing" won't work since 2016....and his hobby is copy paste few hundreds downtrending stocks and ignore all uptrending stocks since 2016
I think this nasty liar a.k.a news reporter cpteh hide into his wife's homemade cave or basement better la, lol