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Post by Guest Sat 21 Nov 2009, 23:35

I am loggin off bye bye...............................muahahahahahaha

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Post by Guest Sat 21 Nov 2009, 23:39

ok gnight1

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Post by Guest Sat 21 Nov 2009, 23:53

acyk u sleep quite late

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Post by acyk Sun 22 Nov 2009, 00:00

Yes. Anyway, It is weekend

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Post by Guest Sun 22 Nov 2009, 00:01

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[You must be registered and logged in to see this image.]Re: The Importance of Controlling Risk
« Reply #6 on: Today at 11:26:41 PM »
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I never risk more than 2% of my trading capital (opened position + cash) per trade. Usually it is only 1%. This means the no. of shares I buy is such that if I am wrong and the share price drop to my stop-loss level I would lose only 1% of my trading capital value.
As an example if my trading capital is valued at 40K and I have a set-up with favourable entry at 5.00 and my stop-loss is at 4.50, the no of shares I can buy is.

No of shares = (1% x 40K)/(5.00-4.50) = 800 units = 8 lots

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Post by Guest Sun 22 Nov 2009, 00:02

maximent wrote:
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[You must be registered and logged in to see this image.]Re: The Importance of Controlling Risk
« Reply #6 on: Today at 11:26:41 PM »
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I never risk more than 2% of my trading capital (opened position + cash) per trade. Usually it is only 1%. This means the no. of shares I buy is such that if I am wrong and the share price drop to my stop-loss level I would lose only 1% of my trading capital value.
As an example if my trading capital is valued at 40K and I have a set-up with favourable entry at 5.00 and my stop-loss is at 4.50, the no of shares I can buy is.

No of shares = (1% x 40K)/(5.00-4.50) = 800 units = 8 lots

i also wonder ho wthis swint trader make money if he she just bought rm4k shares...brokerages fees also qute a lot

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Post by Guest Sun 22 Nov 2009, 00:03

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[You must be registered and logged in to see this image.]Re: The Importance of Controlling Risk
« Reply #4 on: Today at 11:16:20 PM »
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Quote from: Changbl on Today at 10:43:41 PM
Most successful trader dont lose > 1-2% of their capita on a single tradel................................. ...........muahahhahahahahahahaha


Successful traders won't waste time here.
meaning i am not successful..wasting time in forum d..sigh1

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Post by acyk Sun 22 Nov 2009, 00:07

Trying hard to copy & paste call warrant info from KLCI. But can't do it as it is in pdf

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Post by Guest Sun 22 Nov 2009, 00:08

talk is easy but implementation wise....is damn hell difficult..even upon successful implementation..can guarantee success or not? aiyo..might as well just live life to the fullest...eat what you want..do what u prefer...

when we get old...even multi billionair like pbbank boss...money is just a figure to him serve no purpose...what else he got if his assets increase by 500 million a year? he has everything ma...can get 1 million dollar super abalone meh...
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[You must be registered and logged in to see this image.]The Importance of Using Your Time Where It Gives You The Best Results

« on: Yesterday at 11:50:34 PM »
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The Top Ten Worst Uses of Your Time

1. Doing what everyone else is doing
2. Complaining about your situation in life and arguing why you are a victim
3. Criticizing others, particularly those who are rich and successful
4. Watching television
5. Gossiping and talking on the telephone
6. Doing things other people want you to do but you don’t really want to do
7. Regretting the past and worrying about the future
8. Shopping and buying things that you can’t afford
9. Working at things you hate or are not good at
10. Working at a lousy real job

The Top Ten Best Uses of Your Time

1. Attempting different things that hardly anyone else is doing
2. Utilizing inspirational books and tapes to educate yourself about your unreal job or unconventional business
3. Developing intellectual property
4. Meditating and exercising
5. Laughing and playing and celebrating life with your friends
6. Doing things that relate to your overall purpose in life and that bring you career success without a real job
7. Enjoying the present moment for all it is worth
8. Saving and investing your money in optimum ways
9. Doing things that you love and are good at
10. Working at a great unreal job

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Post by Guest Sun 22 Nov 2009, 00:09

acyk wrote:Trying hard to copy & paste call warrant info from KLCI. But can't do it as it is in pdf

yup i know this forum cannot support pdf..unless u can use other programme to convert pdf format prior to post here..anyway acyk..u take ur time to catch up call warrant then slowly put it in practice...maybe as soon as december u can start it...

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Post by acyk Sun 22 Nov 2009, 00:13

Ok. I hv to say goodnight. & log off.
It has been a pleasure talking to you, Max. learn a lot from you on call warrant tonight. Thanks

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Post by Guest Sun 22 Nov 2009, 00:14

acyk..if u can maeter call warrant it's a sure win bet...provided only the market is not in prolong down turn like prior to march this years.. we make money from bull...up and down..panic selling etc..but call warranter will also get caught in prolong market down turn..but once get caught few times..an experience call warranter will totally back off from stock market pending for clear reversal or stay sideline waiting for only best possible entry

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Post by Guest Sun 22 Nov 2009, 00:15

acyk wrote:Ok. I hv to say goodnight. & log off.
It has been a pleasure talking to you, Max. learn a lot from you on call warrant tonight. Thanks
ok bye acyk..is my pleasure chatting with you too and we learn from each other. i also keen to study some article of call warrant...

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