[sgbuffett]

The core principle with trading CFD..

Your timing of the trades is everything! You can be right on the direction of the trend, but if your enties are on the wrong side of the smaller local trend direction, you will be wiped out and hit margin call if you do not have any stop loss, in such a volatile mkt like HSI

The ORACLE has spoken

I do not use the full margin so can endure 1200 points move against me befoee I have to reduce position.

Those people play chicken feed moves of 50pts or 100 points also have...I long ago stop that because yoh have to look at screen all day and also don't make much goin in and out.

I explain many times I only go for primary trend.

Yet people yalk like am day trader.