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Posted By Topic: Contra       - Views: 2351
Underground boss 		20-Jan 2010 Wednesday 9:07 PM (5228 days ago)               #1
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  		Hi , anyone here often play contra?

How does contra works?



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ahpuiahsan 		20-Jan 2010 Wednesday 11:08 PM (5228 days ago)            #2
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  		quote originally posted by Underground boss:
Hi , anyone here often play contra?

How does contra works?


In Singapore, contra has shrinked from a period of 7 days to currently 3 days.
It means you buy and sell stock and make profit/loss (if any) within this contra period.
You do not have to pay anything except for collecting profit / losses if any.
Nowadays not easy to play contra as trade settlement is only 3 days. Some brokers may allow you up to 5 days.

I do not encourage contra as you have really have to be very disclipined. You must have stop loss level. Beside you will not be fast enough than those Brokers, Traders etc. Their system is directly connected to SGX, though nowadays internet trading is quite fast but still slower than those systems.



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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luckyfish 		20-Jan 2010 Wednesday 11:27 PM (5228 days ago)            #3
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  		yes correct



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Zion83 		21-Jan 2010 Thursday 8:00 PM (5227 days ago)            #4
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  		Contra will disappear soon. SGX moving towards T+1 in the future Cool Indifference



Why would someone surf a betting forum and flame another person if he himself nber bet?

Most females nber bet on soccer but I dun see them surfing a betting forum "just for fun" and start flaming people.

Singaporean males realli have lots of free time on their hands. Should try to make more babies to help the birth rates.

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ahpuiahsan 		21-Jan 2010 Thursday 9:38 PM (5227 days ago)            #5
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  		quote originally posted by Zion83:
Contra will disappear soon. SGX moving towards T+1 in the future




Yes, SGX is going into that direction. If i am not wrong, shanghai stock exchange has already make settlement on the same day as Trading day. Settlement = Trade Date



Life's like a box of chocs, you'll never know what you gonna get. I didnt know, but when you walked into my life, i just knew i'd gotten the sweetest box...











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Underground boss 		21-Jan 2010 Thursday 10:09 PM (5227 days ago)            #6
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  		Oh , ok thanks for above investor advice then I will not go into contra mayb will store more bullet to play CFD(DMA) using poems ProTrader. Smile



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