Posted by Baymax > 2014-12-14 21:01 | Report Abuse

Thank you optimuss.... In a bear market you shine like a star..... When bull market starts, people will forget u ...don't worry I'll remember the great optimuss hehehe.... Learnt a lot on futures, thanks to you I didn't buy hb :-)

Posted by optimuss > 2014-12-14 21:04 | Report Abuse

baymax, u r most welcome and thanks for your kind words.

this is not the time to make money by taking risk, but to preserve what you have, and keep your sanity.

btw, hb would gap up on bad dj and gap down on good dj. dont blame me if hb go up. i m only presenting risk vs reward profile.

Posted by Baymax > Dec 14, 2014 09:01 PM | Report Abuse

Thank you optimuss.... In a bear market you shine like a star..... When bull market starts, people will forget u ...don't worry I'll remember the great optimuss hehehe.... Learnt a lot on futures, thanks to you I didn't buy hb :-)

Posted by cassyee > 2014-12-14 21:11 | Report Abuse

Optimuss, Now all short future down... how bout short future ci up?

Posted by optimuss > 2014-12-14 21:14 | Report Abuse

cassyee, in trading term, if u think ci is to go up, u long futures. by buying futures contract for this month or next month jan, or feb, or may (no liquid), aug. (no liquid)

there r many call warrant cater for buying index up. but all of them at crazy premium, ie. the latest one selling at 35c is at strike price of ci 1800. it practically worthless now.

see how illogical bursa can be? bcos investor are ignorant, hate to use the word. w a t e r f i s h. banyak.

Posted by cassyee > 2014-12-14 21:21 | Report Abuse

Optimuss, Thank you for the information... i Think all the share Just keep in fridge. Waiting next round bull come. Better stay sideline first. Newbie always died first ;)

Short future quite risky for newbie too :)

Posted by Baymax > 2014-12-14 21:24 | Report Abuse

I won't blame you optimuss.... Some don't want to read and understand what you are trying to say.... It is too risky NOW ... Let's pray for the best....

Posted by growthinvestor > 2014-12-14 21:25 | Report Abuse

cut loss early is a necessity skill.sit and doing nothing on winning trade.cut loss early on losing trade and never average down.

Posted by kimkowlee > 2014-12-14 21:44 | Report Abuse

True. Cut loss is necessary to enable you to purchase a cheaper stock unless you have a lot fund. Personally klse now only down, not yet crash. What happen if big economy country start to go down. Have to wait for 1st quarter next year.

Posted by MercuryRX > 2014-12-14 21:53 | Report Abuse

The best is cut loss or take profit, coz we never know when it will climb back... 1yr, 3yr, 10yr? Minimize risk ... Market always there.. Gud luck

Posted by MercuryRX > 2014-12-14 22:07 | Report Abuse

Losing from cuting doesnt mean u fail or ur stupid... It is essential tools for traders, dont follow ur emotion to sayang money in situation like this, risk is too greater than what will u get, be realistic...

Posted by MercuryRX > 2014-12-14 22:13 | Report Abuse

And dont ever follow rich people how they trade, they can put 2-3m or more... And do nothing because they are RICH... They even can loss million in casino for 1 night... Still "no hal" for them...