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Online Share Trading

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Recommendations sought for SSF Trdg. Platform.

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seded
Contributor
Greetings all.Please recommend trustworthy platform/s where I can trade SSF,s with stop loss facility available at reasonable cost. Your time and assistance appreciated. Thanks.
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25 REPLIES 25
DawieB
Contributor
Please elaborate? Isn't SB OST an SSF Trdg Platform?
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Not applicable
alternative look at dwt, www.dwt.co.za Their costs are lower and direct safex market.
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Rams
Super Contributor
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Fredsed
Super Contributor
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Not applicable
NO Fred If you are I and I are you how can you say you are not striking as well?
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SimonPB
Valued Contributor
stop loss issue is because Safex not reporting back trades as I understand .. so would be same across all platforms ..
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Fredsed
Super Contributor
You have made your purpose here quite clear. Stealing traders. Must be lucrative for you to spend all your days here. You go trade at your recommended site and close all of these accounts that you only use for posting your scam ***** here. Bloody agent eh?
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Not applicable
Now Fred, surely you are doing same such thing. Trading elsewhere too? You and I also trade within these hallowed walls. Being the smart people we are surely we do not place all our eggs in a single basket, what what?
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Not applicable
Ja Simon, but why can't OST use the underlying as the trigger for the stoploss - like they used to do? Then the ruling price of the SSF would be irrelevant
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SimonPB
Valued Contributor
coz it used to be a closed system, now it central order book ..
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richardw
Super Contributor
Please to not respond to the insane people. Thank you.
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Ninja
Super Contributor
If you looking to trade SSF's OST offers an excellent platform.....dont bother with stop losses, the product is inherently dangerous as you cant protect overnight positions from black swan events....have an EOD stop level in mind...if it is hit hope like hell you can get out at that level the following morning. Of course if the dow crashes over night you in deep sh*t......good luck...wouldnt trade ssf's for all the tea in china
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Rams
Super Contributor
so go short, and hope for a black swan to fly down your way....
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seded
Contributor
Thank you allfor your replies gentlemen, much appreciated.
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Ninja
Super Contributor
yea great idea cept black swans fly up and down.....oh and by the way, unlike indices, actual shares can reach zero value......and you will then owe the house every thing you own.....please ensure you are aware of the risks! Consider trading the alsi or any other index....much lower costs, higher liquidity, 100% bullet proof stops, will never hit zero value - a black swan might drop the index 30% in one day......tech analysis works great but with lower costs, higher liquidity means your stops are hit. Good luck!
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SimonPB
Valued Contributor
ninja, you miss the point .. it is not about stocks being able to hit zero .. it is how they get there .. in one gap down, or over time (an sure maybe quick time) .. it is the latter and then it gives exits levels all over ..
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Rams
Super Contributor
Ninja, the swan falls faster than it can soar...and its always a black swan that falls...so better to use derivatives to short or "hedge" because markets can lose 1000 points in a minute but unlikely to gain 1000 points in a minute
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Not applicable
I seem to remember another guy who used to trade believing implicitely that black swans were the way to go - and was permanently short. Needless to say, he is not around anymore?
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richardw
Super Contributor
Give it another year and let's see what shakes out :)
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