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SSF?????

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Why @ end of trading day I was in the green----but now in the red??? Pls anyone Tx.
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7 REPLIES 7
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Super Contributor
Drinking that expensive wine got u in the red
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Frequent Contributor
Because some traders went to their portfolios and cancelled and re positioned their bids to buy, at which the SSF portfolio are valued worse case scenario according to SBFM after the market closed at 5 pm Hence quite often you will see a gain over the day and it wiped out at night after trading closed when traders cancel them and sometimes they place them in again the next morning, so quickly just before trading you will be at break even again. Hang on to the HAR it will shoot up on Monday as global markets get hotter mid JAN and demand up for Gold and Platinum. Chat laters tomoz
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Thats why I gave up water...for 007 lol....Tx guys. Will hang onto HAR.......
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Super Contributor
Cents. Every evening, the JSE publishes the MTM value. SFM then calculates your profit or loss as the difference between the previous and current MTM values. The cash is then deposited/withdrawn from your account (look at the variation margin entries in your account). The next morning you start in the red again since the best bid/offer will always be worst than the previous MTM value. Don't look too much at the daily profit/loss value. Look at the movement of the underlying and your total profit/loss value.
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Okay cool....sweet playa
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Cents, Your post was at 06:08 this morning - if you get up that early, your'e still drinking too much water. Never drink water, the fish f*** in it...
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Beer it is.....lol
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