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8 comment(s). Last comment by Cweed 2014-06-01 16:25

Posted by 爱丽斯 梦幻世界 > 2014-05-31 13:32 | Report Abuse

I'm not good in trading contra. But one thing very sure that if we want play contra, dont touch low volume counter. Trade only counter that daily volume more then 50k lots. Agree?

Posted by Trade Zignals > 2014-05-31 13:35 | Report Abuse

yes. for day trade and contra ypu will need to look at volume and price actions.

kk123

1,964 posts

Posted by kk123 > 2014-06-01 11:38 | Report Abuse

Contra Definately is gambling unless u have solid reason best don't play contra

kk123

1,964 posts

Posted by kk123 > 2014-06-01 12:52 | Report Abuse

U can play contra if :
The herd is moving in that way , and timing is crucial
Or if u see the share volume picks up from average and or if u have insider news
My best contra trade returns > 300 % in 2 days period
But having said that it's not a normal case
Meaning it only happen once a while maybe 5 yrs and one time u hit haha

Posted by bonescythe > 2014-06-01 15:46 | Report Abuse

Contra... Contra is best to hit when it is on its most controversial moment. No volume, no action.

Cweed

2,262 posts

Posted by Cweed > 2014-06-01 15:52 | Report Abuse

Contra .... must see counter's past trend oso .... if upward trend can contra.... Contra must monitor...

tjhldg

27,218 posts

Posted by tjhldg > 2014-06-01 16:11 | Report Abuse

kikikii

Cweed

2,262 posts

Posted by Cweed > 2014-06-01 16:25 | Report Abuse

I try my bit la...to pass on lessons that I learnt from all d Tai Koh here, so that newbies dun get burnt. Burn very sakit one... Huhuhuhuh...

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