Nothing to do with Forex. You shouldn't have problem as long as the account is under your own name. 3rd party account may require you to provide more information especially if the amount is over US$10K - yes, that's for anti-money laundering purpose and also to prevent terrorists for illegal funding.

But, no banks should ask you for receipt BEFORE you make any equities purchase. That's just silly.

This post has been edited by danmooncake: Feb 3 2010, 12:19 AM

Thats mean now i should change bank to transfer or do it online?Lol she doesnt let me to transfer if i dont provide the receipt.Maybe i should try it online 1st

I think you need to request to speak to a manager or supervisor. Just tell/ask him/her this question.
How can one provide a receipt when the equity purchase transaction HASN'T occurred? ie. How to get chicken without an egg?

If they can't do it, just change to a different bank with its staff that have brains.

No what they want is my previous transaction receipt.I had transfer many times already.Now they want my previous transaction receipt that prove last time i really buy the share.

I wonder why that bank cares what you do with your own money?
Did they cite a policy or govt rule that the bank must know why or how you had use your own money in the past?
On principle, I would tell them to frack off and take your business somewhere.
But, that's up to you.


Closing Update:
Dow 10296.85 +111.32 +1.09%
Nasdaq 2190.06 +18.86 +0.87%
S&P 500 1103.31 +14.13 +1.30%

Crude Oil currently trading at $77. On its way back to $80 or higher soon. Nice energy commodities rebound.
Precious metals like Silver/Gold/Copper hasn't make their big moves yet. Hopefully this week or next week.


This post has been edited by danmooncake: Feb 3 2010, 06:17 AM

ERX on the way of earning...

ERX now 38.98.

Set stop at 34 and limit at 44.

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Added on February 3, 2010, 7:44 amLooks like US is going to continue blow this bubble without stop.



This post has been edited by epalbee3: Feb 3 2010, 07:44 AM

I still dun understand, just go to other bank. Simple. Sometimes, just want to save few ringgit, in the end it cost u more : parking, time etc.

Go to HSBC.

Just use online. Nobody will ask you. Unless your pc can talk.

I use m2u from the start. The form you fill up require you to state why you TT the money. Just tick transfer to non malaysian and for the invest purpose. Max RM10k/ day and RM10 fee. Cheap enough.

yeah will go to other bank.

See how the financial news accommodate the market behavior?

"U.S. stock market futures returned to slightly negative territory on Wednesday after turning briefly higher on a report showing the private sector shed 22,000 jobs last month."

The ADP report is bullish, yet market feels bearish. Why?

Answer is simple: After two straight days of 3 digits gain, would you not want to take some off?
Sure, I would. But, this pause or pullback won't be much. Dip buyers will continue to come in later.

Anyway, a small pullback this morning will allow some shorts to close their positions,dip buyers to come in,
and long to start a new position.

Good luck!

Bugger. Soon enough SIRI will no longer be a penny stock. It just keeps getting itself upgraded by analysts.

Nice pop since Jan 19th.

Did you take the ride on this one?

ERX continues to grow..



Enjoy another day riding..

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Added on February 3, 2010, 10:52 pmthinking of pushing my second source of fund to the US market..

not sure whether I should TT it for next week trading..

seeing that the bubble will be made bigger and bigger, may be can reap some money here..

at least play the ERX and HL..

This post has been edited by epalbee3: Feb 3 2010, 10:52 PM

Be careful, don't get addicted like me.

oh crap, I totally ignored SIRI. Nice one, from 60cts in mid December?

Of course they pushed it up by giving "BUY" rating, coz they bought a lot also

I didn't hence the bugger.
Though looking back I was tempted to go in at 60 cents but was too chicken to buy it.

So, here's what we got:

ADP data - good
ISM data - good

Market pulling back a notch. Financial media says.. oh it because of earnings disappointment.
See how they spin this news?


By the way, TM (Toyota) continues to be pummeled by bad news.
I just need it to drop a few more dollars close to 70, I am going to get some here.
I never like the auto industry but Toyota is an exception. Heck, I drive a Toyota myself.

I thought that you already knew it is all down to the Bilderberg Group at work.....

Davos is the place to look for what happens to 'market reaction' to 'news'.....

yes, they are. I hate those group. Always making money. First they move GOLD from 700$ to historic high over 1220, then play with market. Really, we are just tiny micro-organism if compare to 'em.


LONG S x2,000 @ 3.55

Yeah, they got many names - Bilderberg, PPT, AntiPPT, all the same. We know this for sure - they are in control.

Anyway.. back into TNA: 39.50, stop loss at 38.80 this time.