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maipasathai
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Posts posted by maipasathai
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Count me in for 95% as I maybe have to run to Europe for a few days next month. My social calendar is as empty as JC but not my work calendar. I need the worms to start up a compost and as I understand they good food for my frogs... You can help with rooms etc? Great if you can PM me a phone number.
Looking forward to see you all
Bosse
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Givn the increase in US markets last night (first in 9 days) AND the futures in europe (FTSE is up) AND the possibility of further QE3 type mechanism AND the drop of the last few days and now high potential for buying the dips accross global stock markets- i decided to re enter the SET- just bought KBANK - largest single purchase i have made of any stock anywhere- aim to sell in coming days..
Anyone else jumping back into the SET?
Bought KBANK one month ago at 132.50. had both price action and volume so I had to take it. Initial stop at 114 and now at 125 so if it close below 125 any day I drop it the next morning. Foreign money running away from SET at the moment so have to see but my stops are in place so should come out with a profit for the portfolio, I hope...
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The concrete boxes are 4x3 meter. Some frogs I have moved to a pond as it was just to many frogs in the boxes. It's very much a "learn as you go".
Oh I see, I thought you were raising them in small cooler sized boxes. I have seen this done and it seems to sort out the cannibalism, but it is a lot more work. I am using 4x3 concrete pens like you are, Currently I have only a few frogs, because someone wanted to do catfish
but I plan to start up again next season. I will also give the small box concept a try.One 4x3 box I slitted sith intention to use for breeding pairs. Thinking about to to tile the pens a it will make it easier to keep the pens cleen but my concern right now is if I feed them enough.
Funny thing about your catfish. Missus got another idea. We had the concrete boxes so she just added aeration and bought live tilapia. Now we average to sell 30 kg aday. bought for 50 baht/kg and sold for 80baht/kg. Next was my idea, why not make prawns but also there we found out we could buy for 160 baht/kg and sell for 280 baht/kg. No reason to do all the work for a few bahts when yoy can buy in the morning and sold in the evening for a better profit than the farmer raising the fish for months had! Next thing that came in was 200 ducks... have to stop missus,,,
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The concrete boxes are 4x3 meter. Some frogs I have moved to a pond as it was just to many frogs in the boxes. It's very much a "learn as you go".
Maipasathai
Very interesting, it is one of my to do things when I move to Thailand.
Is it pssible for you to post some photo's perhaps.
Did you just have one breeding pair?
How long sice mating upto the stage your at?
How big is the market for these frogs?
Good luck.
This is my first year so didn't have any breeding pair but just bought tads. This year I can save to have breeding pairs but don't know if is a good idea. Tads are cheap and if I go fo breeding pairs it should be real "stallions". As I said before this is a learn as you go. Hope somebody can give me advice.
3 to 4 months will make it to market able size. Thai want them at 3 to 4 frogs for a kilo. As far as I have read and understood they can groove for years but at that size nobody wants them. At the moment people are eager to buy them but it's more like 5 to 6 for a kilo so I just wait. I sell per kilo so just let them grove.
The market seems to be big enough. I plan to sell straight from the farm but missus also have done same marketing at several "talads" and we have orders enough to sell everything. The thing is if we go for the markets the price/kg is 40 bath less.
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The concrete boxes are 4x3 meter. Some frogs I have moved to a pond as it was just to many frogs in the boxes. It's very much a "learn as you go".
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Started a small frog farm just as a hobby and they are ready for the market in just a few weeks. Much of try and error and didn't know how violent frogs could be. Now I have to sort out every week so they are about the same size staying together in the boxes otherwise the big ones just kill the small.
Concerned if this is due to lack of food. Have about 2000 kg of frog and feeding 2% or 40 kg every day. Figures from FRC Tilapia. Anyone with experience out there.
Cheers
Maipasathai
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STOP LOSS
Book I'm reading recommends 2%. I've been using 10%. 2% seems very narrow for the SET
What do you guys use?
Hi Ray,
Are you sure they don't say 2% of equity at risk? I use ATR based stop so for more volatile stocks I have to adjust the size of the position so it equals 2% of equity at my stop. 2% makes sense and with 10 positions in the market my risk (in theory) is about 20% but the positions can be 100% of equity. Another rule I have is not to put more than 15% in a single position.
The Book was on Technical Analysis, using charting so I'm thinking he is referring to someone who trades a lot. I have finally realize that I'm a trader. That being said holding six months to a year. My risk threshold is lower then the normal trading person. I seem to be doing OK with that. Probably in the situation he was talking about 2% would be about right. I was curious it would seem that mine may have been to high at ten. Ten is lot recover in a short period of time. So I;m thin king 8% is about right.
Dag? The market here is just about the same as others. Government seems to get involved more. The dividends you see on the SET really are estimates. When the company declares its dividend I have never had one come lower then specified.
Hope that helps
For sure 2% doesn't work on SET. The spread between bid and ask can be almost 1% so the probability to be kicked out from the trade before you gain is to high. ATR the best I have found so far and can be adopted in any market. Trading commodities and forex on margin I learned the hard way.
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STOP LOSS
Book I'm reading recommends 2%. I've been using 10%. 2% seems very narrow for the SET
What do you guys use?
Hi Ray,
Are you sure they don't say 2% of equity at risk? I use ATR based stop so for more volatile stocks I have to adjust the size of the position so it equals 2% of equity at my stop. 2% makes sense and with 10 positions in the market my risk (in theory) is about 20% but the positions can be 100% of equity. Another rule I have is not to put more than 15% in a single position.
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Nice to see you are doing well Ray. My result after 9 months in R-multiples and %
Win% 57.7 (somewhat better than my back test)
Won R-multiples 17.7
Loss R-multiples 4.2
W/L ratio 4.13 (won 4 baht for every baht lost and in line with the back test)
Shortest time in trade 20 days
Longest time in trade 232 days
Average time in trade 128 days
CAGR at the moment at 26% so can't match your performance
It's a simple 60 days Donchian channel system with a few adds on. Most focused on risk management with trailing stops.
Can i ask which programme/website do you use to run backtests on the SET? I havent found any so far...
Metestock. The drawback is it doesn't adjust for didvidens.
I looked at metastock last year- pricey- around 400$ but im tempted to buy it .. Can i ask where do you load your daily SET info from, is it an easy process??
I'm trading with Asia Plus and they have it for free. The historical data I bought, think it was about 1000 Baht. It doesn't have any money manager so if you want to back test a risk profile it is useless.
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Nice to see you are doing well Ray. My result after 9 months in R-multiples and %
Win% 57.7 (somewhat better than my back test)
Won R-multiples 17.7
Loss R-multiples 4.2
W/L ratio 4.13 (won 4 baht for every baht lost and in line with the back test)
Shortest time in trade 20 days
Longest time in trade 232 days
Average time in trade 128 days
CAGR at the moment at 26% so can't match your performance
It's a simple 60 days Donchian channel system with a few adds on. Most focused on risk management with trailing stops.
Can i ask which programme/website do you use to run backtests on the SET? I havent found any so far...
Metestock. The drawback is it doesn't adjust for didvidens.
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Nice to see you are doing well Ray. My result after 9 months in R-multiples and %
Win% 57.7 (somewhat better than my back test)
Won R-multiples 17.7
Loss R-multiples 4.2
W/L ratio 4.13 (won 4 baht for every baht lost and in line with the back test)
Shortest time in trade 20 days
Longest time in trade 232 days
Average time in trade 128 days
CAGR at the moment at 26% so can't match your performance
It's a simple 60 days Donchian channel system with a few adds on. Most focused on risk management with trailing stops.
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Hope they will hike the interest in Aussie... I'm in the carry trade AUD/JPY and also small long in AUD/USD. As long as China is runing the AUD will stay strong with all the export to China.
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Hi ExpatJ,
I'm still in AIS and the announcment today just showed how unlogic the market is. They just said they are going to transfer some money from the company to the owners, us share holders of the company, and suddenly the price of the stock raisied. Fundamently nothing has changed but thats the flaw of fundamental analyzes. Google up financial behaviour or prospact theory and you will see what we deal with. Humans have human behavior and thats why ADVANC went up today not because of fundamentals.
For commodities don't go with funds. Charge commisions and you are not in top of your trades. If you intrested in gold and silver trades based in USD or JPY send me a PM and I might have an option.
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Another day when SET closed above 1000. Maybe we have passed the 1000 psycological barrier. New equity high again and happy with that. Waiting for US figures coming out this week.
Happy trading
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Different channel break outs as Donchian, ATR based, Bollinger. Always with initial stop and some kind of trailing stop. Also use time based exits ie. for a long position, if it hasn't made a new high within X days then exit.
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Hi Ray,
I'm also in Silver. Picked up few contracts at 21 (overslept and came in late) and had a partial TP at 25.15. Was almost there... Exit plan for entire position is a 45 day low. Also long JPY and a small position in EUR. All for short USD!!!
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I got my Metastock from Philips http://www.scoreboard.in.th/
22000 THB for the software 1500 for the historical data. They had a 10.1 EOD and as I don’t need all the whistles and bells in the new 11 version I went for it. Later they found out that the license for my program was used by Philips themselves so now they have to send me another program (ver 11) so don’t know if they are still supplying Metastock but they are still supplying EOD and historical.
If interested you can get it from US (google metasock equis). The EOD version comes for 499 USD version and there is also a intraday version.
Seems as Equis is part of Reuters so you can subscribe for live feed data from almost any market in the world.
For direct order execution and program trading I think it will be difficult. Read somewhere on SET regulation that programmed trading wasn’t allowed.
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I use Metastock and it has loads of indicators. Also with scanning and backtesting. You can write your own indicators and EA. Got 15 years of historical SET data from Philip Securities and my broker ASP have daily EOD for free that I can download every day.
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Down 0.2% today. With 25% of the equity in CPALL it's an anchor chain around the neck at the moment but still it's a gainer with R-value of +4.8. Hard trailing stop at 29.25 at the moment and if so it will be closed in the black. Everything now depending on market sentiment.
Down 1.9% from Equity High But still with a CAGR at 88% (keep on dreaming...)
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Miapasathai when you moving?
Really haven't posted much this week actually been kind of confusing.
All the saber rattling this week on the baht held the market back can't say it helped a lot on the baht yet. I have to say they did some pretty drastic things the last time it at 29, We have a new BOT Governor so who knows.
Also Chinese New Years so their market just opened today. SET started up today and then fell. Through it all I managed to hold onto 35K profits. Still got 90K cash and haven't put in my monthly funds yet.
I actually got in some pretty good buys today bidding they didn't come through till the last fifteen minutes of the trading day. I was trying to position myself better for next week. Guess we will find out then won't we.
My new books came into today I had a ride planned but the back went south on me again. So I got some interesting reading anyway. The one I'm starting with is Technical's for Dummy's. I have completed five books on Value investing. I think I know as much a I need to know about that for now.
How did DTAC do this week? I was very tempted, Advanc looked like it did well for the week.
Hi Ray,
Moving probably next year, need renovating and looking for skilled people to do the job. Maybe we can meet up and do a house inspection this weekend?
Down 1% for the week and down 3.3% from last equity high. Just playing the defence game at the moment and my trailing stops should keep me in the black. After swapping BTS for KGI got some more cash. In markets like this it is nice to be technical trader with risk management as the first rule. Just trade the plan.
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Just back after a dinner with friends and more wine than necessary.
Good to see ExpatJ post in this thread. It’s the only active thread for Thai stock market so wish it can keep alive.
After 3 days in the red finally a day in the black but still with 1.8% DD from last equity high. Dumped BTS yesterday for a loss of 0.2R. It was the only laggard I in my portfolio and didn’t behave as a winner and furthermore it is often recommended as a buy from my broker so two good reasons to sell. The old saying is “Don’t worry about your winning trades, they take care of them selves but losing trades they don’t”.
Left with an empty slot (10 position max) gave me a free slot and the only thing that fitted with my entry rules was KGI (on my brokers sell list) so bought at 2.88 today and it closed at 3.16 today. It’s a roller coaster. Due to the high volatility just got a small position to keep it within risk profile.
CAGR at 98% after 70 trading days and I know it will go down but to where? But 40% of my portfolio is on the broker sell list so I will hold those as long as possible without taking a loss. The question now is how many are sitting out there with unrealized profits and itchy fingers to push the sell button and how many is there to pick up their sells. As for yesterday foreigners took it all. If they shouldn’t been there it could have been a free fall but it’s still named correction.
People are talking about correction but I don’t know what it is. If a correction is the same as a correct price and everybody know the correwct price, why did it go higher than the correct price? In my enclosed trading mind it’s just people who want to realize gains and when everything is settled the new holders that bought it has a bias that it will gain hence they came in stronger hands.
Don’t know if anyone else out there is trading with MM and RM? If so let me know cause I’m always eager to learn and share.
On a side note got a Metastock EOD last week so busy to make indicators and EA’s.
Will probably regret this post when I sober up tomorrow………
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I'm looking forward for a period of consilidation with range bound trading. To much unrealised gains out there for my liking. Five trading days in a row with new equity high for me. It's going to fast!
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Kept up with SET today and gained 1.1% on the portfolia with cash included. 90% of the gain from one stock out of 10, CPall, that finally run through the resistance at 40. The new owners of the stock has another sentiment than the old owners so hopefully 40 will become a support and 45-50 in sight. Time will show.
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Hi Mikki...Think what I also observed, no golden momths. If people run on the bandwagoon and think December is a good month to sell the supply could be so high that it will keep the price down. Think I go for October or November.
maipasathai
but I plan to start up again next season. I will also give the small box concept a try.
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