7058 replies to this topic

[soutie]

Took a long on KIO  @ R425

Moved stop to R450     

[AJS]

Yeah, loving a WHL long here...in at 68.09, with 5000 contracts.

Now it needs to hold the line.

 

Volume will be the key for me here today.  Still haven't seen a large volume spike off 68 levels. 

[Hooligan]

Yeah, loving a WHL long here...in at 68.09, with 5000 contracts.

Now it needs to hold the line.

Edited by Hooligan, 17 January 2014 - 12:23 PM.

[alexander]

Buy order on APN @254-90

still under selling pressure but good price to start accumulating

I agree, it can still go down

[BBW]

so!!..................................who's accumulating APN 255 or under?

Bought the 2nd half of my holding @ 256 (1st half @ 270), but I'm longer term than you. Same with WHL @ 6760 and 7350.

[delta66]

Buy order on APN @254-90

still under selling pressure but good price to start accumulating

[alexander]

so!!..................................who's accumulating APN 255 or under?

Buy order on APN @254-90

[AJS]

I am sold (no pun there) on a WHL long.  Risk/reward is excellent.  Buy here and stop will be a close below 68 for me.  Upside to 74.

[delta66]

so!!..................................who's accumulating APN 255 or under?

[Hooligan]

I'm going to long WHL if it hits 68 - tight SL below that of course.

Phew, I could be thankful OST was down...I would have taken a quick loss on this one.

[AJS]

just a quick note to members regarding the importance of position sizing on entry...had i adopted a conservative outlook/strategy and entered at one third of the final position size wouldn't be sitting in this horrible scenario.

 

we all here to make some money, let my mistake serve as a example of what happens when things go wrong.

 

Second that +100!

 

And also, even with correct position sizing, watch out for too many open positions.  I had like 5 or 6 open during November and when things went south I was like the perfect storm scenario.  I feel for you man, sorry!

[delta66]

just a quick note to members regarding the importance of position sizing on entry...had i adopted a conservative outlook/strategy and entered at one third of the final position size wouldn't be sitting in this horrible scenario.

 

we all here to make some money, let my mistake serve as a example of what happens when things go wrong.

[delta66]

   I will hold though - and double up in the low 250's, with a tight stop under that.

unfortunately doing the same, pushing my exposure to ridiculous levels and forcing my hand on a very tight stop.  closing out around the 252-255 levels at loss is not a good call as price normally bounces back from those levels.

 

damned if i do/damned if i don't...lol

Edited by delta66, 17 January 2014 - 10:15 AM.

[WINH]

Any SLM traders? Looking for buying levels on this one, a good company on the fall.

[Hooligan]

APN=horrible trade

  lol yeah - I'm in the same boat...usually take pain when I go looking for action rather than trading clear cut opportunities.

 

   I will hold though - and double up in the low 250's, with a tight stop under that.

[delta66]

APN=horrible trade

[delta66]

indeed you did.  sentiment on retailers is defo negative. good call...when's the celebratory party? tab is on HDB account

[WINH]

SHP moving down nicely.. Next target R140.00

 

Those who followed my retailers call well done. This is just the beginning of the decline. Much more to come and im doubling up shorts...

 

After Retailers, it will be the Banks turn for a fall!!

 

 This who went long retailers ...Bite the bullet and feel the pain!

I'm one of those who went long hoping for good sales updates.... good thing i was the first one out of all of them this morning, LOL, so not much pain felt..... damn, i'll stick to my MobileTelecoms trades now!

[Hooligan]

I'm going to long WHL if it hits 68 - tight SL below that of course.

 

 

[@sirgrantfleming]

SHP moving down nicely.. Next target R140.00

 

Those who followed my retailers call well done. This is just the beginning of the decline. Much more to come and im doubling up shorts...

 

After Retailers, it will be the Banks turn for a fall!!

 

 This who went long retailers ...Bite the bullet and feel the pain!

Hey hdbb - what you reckon about shorts on Bil and Agl at these levels?