Read? Contra Trading. Damn Shiok!!! (2) - Refresh
9:52 AM (8 minutes ago)
hyom hyom has left a new comment on the post "How you know you no longer Bei Kambing?":
If a person is a bei kambing and knows he is a bei kambing in certain products, that is enlightenment. In trading/investing, that is a big time saver and money saver.
To be honest, I do not have the balls to trade bitcoin. It can fall 20% within a day. Imagine someone trading leveraged bitcoin futures last week. Futures keep halting due to limit-down. Even popular bitcoin exchanges like coinbase halted trading due to massive panic selling. The wait to get out will be a torture. Don't say only I scared. I think even the broker will be scared.
Uncle8888 is not into contra trading anymore. Chop fingers liao!
One morning when market seriously gap down; his broker called him in the morning to remind him of his outstanding positions to pay up or close by 5 PM or he would force SELL the next morning when market opened.
His broker called him again at 4 pm to repeat reminder!
If your brokers are not scare or worry; it may mean your positions are not large enough! Fact of life as traders!