God of technical trader just scanned the stock market

[Magical Fingertip]

Wah, then should we exit Nvidia?

Your average is low so safe to  hold. i think its not affecting any sooner yet

[GhostZM]

How many peecent is your limit loss vs your targeted profits for every round?

My usual target profit for each trade is between 1-3%..>5% if that stock has fantastic momentum (extreme volatility) on a given day.

Maybe you think it's low but if you trade a stock multiple times, it all adds up. But the risk is being exposed to a stock multiple times may result in a loss/bagholding situation because mkt condition is ever changing ie condition (temporary hype, announcement of something negative/positive which affects whole mkt etc)has changed as compared to 10mins, 30mins or 1 hour ago.

Therefore, you'll have to exercise judgement that comes from experience, on when to walk away..
When you trade a lot, you'll slowly see a pattern and know what to do eventually.

My trading style doesn't have stop loss..let me explain why:
I only trade stocks that are relatively strong and will lowball an entry price as much as possible. Also, I tend to enter with a small position first. So when things go south, it allows me to avg down. One advice is never overcommit into a stock..always leave enuff cash for averaging down opportunities.

Anyway, this is not a foolproof strategy..there will be times whereby I misjudged a stock wrongly and a daytrade becomes a swing trade..but since the stock is strong, it will recover at some point. I encounter this maybe 1 or 2 times out of 30 trades.

There's no right or wrong style..you will gain useful experience as you trade more and experiment with different style.  Eventually, choose the one style that suits your risk appetite best.

Also, I dun really do shorting due to exposure to unlimited loss..I prefer to go long.

For a start, use a cash account instead of margin. Only switch to margin once you can get a consistent profit over a period of at least 12 months.

Happy trading!

I'm looking forward to pump more into dbs... Hope my decision is right

I assume you buy DBS mainly for the dividend? Coz I dun touch SG stocks since their movement is very slow..the only exception was during COVID when I bought SIA..lol


CheerS!!!😉

[daryl76]

Yeah learn to lose money from me..🤭

钱无输掉不行！


CheerS!!!😉

hahahahaha like what ppl used to say, wanna learn need to pay school fees???

[老曾记]

My usual target profit for each trade is between 1-3%..>5% if that stock has fantastic momentum (extreme volatility) on a given day.

Maybe you think it's low but if you trade a stock multiple times, it all adds up. But the risk is being exposed to a stock multiple times may result in a loss/bagholding situation because mkt condition is ever changing ie condition (temporary hype, announcement of something negative/positive which affects whole mkt etc)has changed as compared to 10mins, 30mins or 1 hour ago.

Therefore, you'll have to exercise judgement that comes from experience, on when to walk away..
When you trade a lot, you'll slowly see a pattern and know what to do eventually.

My trading style doesn't have stop loss..let me explain why:
I only trade stocks that are relatively strong and will lowball an entry price as much as possible. Also, I tend to enter with a small position first. So when things go south, it allows me to avg down. One advice is never overcommit into a stock..always leave enuff cash for averaging down opportunities.

Anyway, this is not a foolproof strategy..there will be times whereby I misjudged a stock wrongly and a daytrade becomes a swing trade..but since the stock is strong, it will recover at some point. I encounter this maybe 1 or 2 times out of 30 trades.

There's no right or wrong style..you will gain useful experience as you trade more and experiment with different style.  Eventually, choose the one style that suits your risk appetite best.

Also, I dun really do shorting due to exposure to unlimited loss..I prefer to go long.

For a start, use a cash account instead of margin. Only switch to margin once you can get a consistent profit over a period of at least 12 months.

Happy trading!

I assume you buy DBS mainly for the dividend? Coz I dun touch SG stocks since their movement is very slow..the only exception was during COVID when I bought SIA..lol


CheerS!!!😉

Thanks for the tips esp the do not overcommit part, no 1-3% is not low at all... Mine is 0.2% much low than yours yes agree it all adds up. Yes same same I only do long, no shorting.

Yes I'm having dbs for its dividend and hopefully future capital gains

[Magical Fingertip]

entered 112.48

10 kkj

[sTiCkY]

entered 112.48

10 kkj

111 for moi

[Magical Fingertip]

111 for moi

111 is when's price? today lowest is 111.38

[sTiCkY]

111 is when's price? today lowest is 111.38

b4 it lao sai

[default]

i wait for it to lao sai first

=X

[Magical Fingertip]

b4 it lao sai

This time hold liao

[Magical Fingertip]

i wait for it to lao sai first

=X

won't lao sai liao

[default]

won't lao sai liao

nvm i can wait

if no lao sai i go buy other ones

else i will call trump or trigger him on twitter

[Magical Fingertip]

nvm i can wait

if no lao sai i go buy other ones

else i will call trump or trigger him on twitter

crazy to think Just few months ago everyone will fight and kill for 11x now is consider high 

[default]

[default]

all the ding xie gif overused until v hard to find one to use