Margin facility

[dannynoko]

Originally Posted by emmanuel ewumi

l was adviced to take position about 2 weeks ago,but l procastinated.l thought l could buy in the middle of september.Now l have missed the rally of the mini bull.The profit would have been quite substantial.
Well l take it as a game,better luck next times.At times it is not too good to be too careful.
l think this rally will be temporarily over soon.And then we see another one.

Emmanuel- hey, don't feel bad belly about the small bull without you. You cannot eat your cake and still have it. I remember reading your post that you are staying clear and even advising people till Sept. Well you have to wait till middle or late Sept to see if the Bull is real! What do you think?

[billions]

Originally Posted by zubychyle

That is what the stock market is all about. The excessive negativity most investors expressed over the bear period beclouded our reasoning coupled with paucity of funds.
One thing i've realised is never feel that the spare cash you have is wasting and rush into a stock without proper evaluation and entering at a good price (esp for a trader). it's all a learning curve mate.

I agree with u.

In addition, it is better to buy stocks that u wont mind holding for a medium term even if ur main aim of buying is to trade in 1 or 2 weeks.Things may not go the way u anticipated.