COMRADES DONT BE DISCOURAGE

by **phoenix777** Fri 05 Aug 2011, 14:46

there are ppl outside ready to jump......or already jumped.....

loan bank 100k....150k....papaer lost 50k....

lose 1-2k when market crash like this is consider very good.....we can make back easily when market bottom....dont give and up keep fighthing and cl when neccesary

remember tips from sifu

Selection of warrant need to be more stringent ie premium should be lower, mom should appreciate more than bb or bb should go down more than mom else stay sideline. Try to avoid going to expire bb cause during crash time going to expire bb may go down sharper than usual but may appreciate slower than usual as well.
Try to trade lower quantity on one counter while divert the excess fund to other counter unless the deal is too good.
Use trade monitor to get the feel on sentiment as well as buy sell momentum also good method to spot potential bb
Be more alert to news and regional market indices performance
Exit strategy also important regardless loss or profit. For as long as mom go down sell it with no second thought
Stay sideline if you think you can't cope with it.