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Posted By Topic: DOW down by 324pts       - Views: 2133
Underground boss 		05-Jun 2010 Saturday 9:56 AM (5093 days ago)               #1
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  		Dow Jones down by 324pts , falling below 10,000 @ 9931.22
Think Asia market on monday sure have big sell

Sian, Tot the unemployment rate shldnt be too bad so I never cover my Long position on friday now Monday sure cut loss and faster cover my Long and open a new position Short STI to recoup my loss.


Cool Indifference Blush Mad



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KopiRoti 		05-Jun 2010 Saturday 2:24 PM (5093 days ago)            #2
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  		quote originally posted by Underground boss:
Dow Jones down by 324pts , falling below 10,000 @ 9931.22
Think Asia market on monday sure have big sell

Sian, Tot the unemployment rate shldnt be too bad so I never cover my Long position on friday now Monday sure cut loss and faster cover my Long and open a new position Short STI to recoup my loss.



Bro , how to short the STI ? Confused






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Underground boss 		05-Jun 2010 Saturday 3:23 PM (5093 days ago)            #3
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  		quote originally posted by KopiRoti:
Bro , how to short the STI ?



Use CFD to short...1 index point = $5



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KopiRoti 		05-Jun 2010 Saturday 4:10 PM (5093 days ago)            #4
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  		quote originally posted by Underground boss:
Use CFD to short...1 index point = $5



Sorry bro , CFD stand for what ? Confused
and what is de contract size ?






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Underground boss 		05-Jun 2010 Saturday 9:42 PM (5093 days ago)            #5
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  		quote originally posted by KopiRoti:
Sorry bro , CFD stand for what ?
and what is de contract size ?



CFD = Contract for Different.
If u want to know the whole product is gd that u visit PhilipCFD website from there u can see their example.

If any qns not too sure mayb u can rise the qns over here so those ppl who know can ans to it.

Me is trading full time using CFD for roll some extra cash in short to mid term.
And of course the risk is there , only see how u manage.



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Underground boss 		06-Jun 2010 Sunday 10:11 AM (5092 days ago)            #6
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  		Who's going to take up Short Position on Monday?
Smile



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KopiRoti 		06-Jun 2010 Sunday 11:58 AM (5092 days ago)            #7
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  		quote originally posted by Underground boss:
CFD = Contract for Different.
If u want to know the whole product is gd that u visit PhilipCFD website from there u can see their example.

If any qns not too sure mayb u can rise the qns over here so those ppl who know can ans to it.

Me is trading full time using CFD for roll some extra cash in short to mid term.
And of course the risk is there , only see how u manage.



Thanks bro Smile






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ryaw 		07-Jun 2010 Monday 8:41 AM (5091 days ago)            #8
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I am gonna do nothing but short a few counters on CFD.I dun see how the market can go uptrend for now.



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Underground boss 		07-Jun 2010 Monday 8:54 AM (5091 days ago)            #9
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  		quote originally posted by ryaw:
I am gonna do nothing but short a few counters on CFD.I dun see how the market can go uptrend for now.



True , no reason to Long today.Me going to Short STI. Smile



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