Quote:
Originally Posted by blitzksg
you can't buy in for your open sell now IIRC...meaning it's left in the hands of the exchange alrdy
however like wat risefromashes said, you can create another position that hedges your original open sell. i.e. either way it goes, you're covered by the other position
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yeah
this 1 i understand
after long thinkin
i finally understand what my broker is tell me liao... " don buy at low but buy high"
as the market is goin through a correction period, the counter may goes down further... chances of it goin down low is high as we can see from the world indice now....
so let's say yongnam go down to 0.20... don buy in... wait till T+4 dat date or which ever day the counter hit to 0.28 then buy in note dat my naked short is at 0.2775... so this is hedge the whole situation... finally after long thinking n askin ard... i got the ans to my question...
the problem is how did my remisier forsee dat the world indice may go down...