Welcome Guest ( Log In | Register )

4 Pages < 1 2 3 4 >Bottom

Outline · [ Standard ] · Linear+

 Anyone do Intraday Trade Successfully?, Intraday trading.

views
     
TSsdas86
post Oct 24 2010, 09:49 PM

Getting Started
**
Junior Member
198 posts

Joined: Mar 2009


QUOTE(myasiahobby @ Oct 24 2010, 08:16 PM)
Do u mind from where can I check which stock epf acquire. If news paper what news paper and is there a column for that.

Thanks....
*
You can check in your trading platform. Go to Axiata>Announcement. smile.gif


Added on October 24, 2010, 9:50 pm
QUOTE(viper88 @ Oct 24 2010, 09:32 PM)
For me, good capital to do day trade or T+3 trade is RM50K -100K.
If have more capital better.

With just 1 tick price jump, the profits can be about RM100++..
Sometimes, 1 tick price jump, profits is abt 1K for penny stocks  coz can buy many units:hehe:

Normally i'll divide the capital for 2/3 different entry price for the T+3 days if the stock price already surged earlier. Will buy in stages in case the price goes down abit the following days.
If very confident the stock will rebound and its price at oversold stage, normally i will max out to invest as chance to get profit is much higher.

Cash out when hit the selling price ard 3-5%. If the buyers is very strong.. i will leave it profit roll and sell on the T+2 days /T +3 days..

Eg.. invest 100K..
Profit 3-5K.  drool.gif

Or invest 50K
Profit 1.5K - 2.5K  icon_idea.gif

Sometimes if the counter invested is performing very well... 8-10 % profit is possible.  rclxm9.gif
Cheers,
viper88
*
Wow, can share what is the penny stock you trade?

This post has been edited by sdas86: Oct 24 2010, 09:50 PM
viper88
post Oct 24 2010, 11:39 PM

Look at all my stars!!
*******
Senior Member
2,359 posts

Joined: Apr 2006


PMCAP.. u have to be very careful when play this penny stock.
Some big buyers have join play recently...

I've been playing this PMCAP since it was around 0.40 last time.
This stock get hit during the financial crisis year till drop to 0.20- 0.25 range and later drop to 0.14- 0.18 range.. and lowest ard 0.07 - 0.12
Normally i bought at oversold price range or macd + vol in positive sign. biggrin.gif
Sold it when it almost hit the overbought zone.. icon_idea.gif
Buy low sell high concept.

I know its pattern quite well.. I bought using very little fund money because i consider this stock high risk. I use less than 10k to play only unlike last time when market is good i invest more and make good profit.

Recently i bought at 0.10... sell at 0.105. biggrin.gif
5%

When drop back.. bought again at 0.10 and sold at 0.11.
10%

Now i que again to buy back at 0.10.. hope can get. rolleyes.gif
0.105 maybe will grab too.. see how the coming T+3 results.

This counter is NOT for beginners to play with.. will get burn badly if no swift exit plan..
Each tick will give 5% of profit or lost... biggrin.gif

QUOTE(sdas86 @ Oct 24 2010, 09:49 PM)
Wow, can share what is the penny stock you trade?
*
This post has been edited by viper88: Oct 24 2010, 11:52 PM
David Lee
post Nov 10 2011, 11:28 AM

New Member
*
Junior Member
13 posts

Joined: Nov 2011
From: Kuala Lumpur


QUOTE(Danielle Lav @ Sep 26 2010, 11:36 PM)
i m a newbie but i assume u have not much restrictions.

yes u can gain profit from trading in intraday.

assuming u have the big bucks to invest in the high volume stocks by buying and selling huge lots. assuming u know the cheapest rates for online trading.
*
that case can be applied for stock market.
but in futures market, you can intraday trade.

example: FKLI, rm50 per futures contract.

you long 1 FKLI contract at 1490 and it eventually up to 1493pt in the same day.
hence you profit = (1493-1490)xRM50= rm150 for 1 contract *

*if you LONG when the market is up and rm150 is before deducting brokerage fee




QUOTE(teehk_tee @ Oct 21 2010, 02:06 AM)
daytrading can be quite fun once in a while. ive only done it a couple times in the past 2 years.
*
daytrading for you will be more HEARTPUMPING if you trade FCPO (crude palm oil futures)

This post has been edited by David Lee: Nov 10 2011, 11:30 AM
machoman_13
post Nov 10 2011, 11:44 AM

Getting Started
**
Junior Member
132 posts

Joined: Oct 2011
That is possible. But need to grab the good news fast and based on market result from Local US, Europen and Singpore.

klse.i3investor.com is a good source where you can read all the consolidated news there fast and convenience.


Added on November 10, 2011, 11:47 amOne more things to add is i normally dun trade penny stock. Currently, i am trading Digi, Dialog, HSL and AirAsia for short term and so far so good icon_rolleyes.gif

This post has been edited by machoman_13: Nov 10 2011, 11:47 AM
SamRL1208
post Nov 10 2011, 12:51 PM

New Member
*
Newbie
3 posts

Joined: Nov 2011
From: Kuala Lumpur
QUOTE(machoman_13 @ Nov 10 2011, 11:44 AM)
That is possible. But need to grab the good news fast and based on market result from Local US, Europen and Singpore.

klse.i3investor.com is a good source where you can read all the consolidated news there fast and convenience.


Added on November 10, 2011, 11:47 amOne more things to add is i normally dun trade penny stock. Currently, i am trading Digi, Dialog, HSL and AirAsia for short term and so far so good  icon_rolleyes.gif
*
If you possess good technical analysis skills, the chart is informing you of future price movement even before the news being released. So, you can capture profit as the market move in favour to your position. As per the topic, intraday trading in futures is much more safer but return is not that much compared to overnight trades. Overnight trades are much more riskier due to open/close price gap and foreign market performance.

FKLI is faster and easier to trade as there is only one counter to monitor. Global and Malaysian economy strength is being reflected in FKLI, simplifying the decision making either to sell or to buy. If you trade shares, futures is an instrument where you can cover your losses in shares trading during economy downturn.
SKY 1809
post Nov 10 2011, 01:43 PM

20k VIP Club
*********
All Stars
23,851 posts

Joined: Dec 2006


QUOTE(machoman_13 @ Nov 10 2011, 11:44 AM)
That is possible. But need to grab the good news fast and based on market result from Local US, Europen and Singpore.

klse.i3investor.com is a good source where you can read all the consolidated news there fast and convenience.


Added on November 10, 2011, 11:47 amOne more things to add is i normally dun trade penny stock. Currently, i am trading Digi, Dialog, HSL and AirAsia for short term and so far so good  icon_rolleyes.gif
*
Trade DIGI hmm.gif
David Lee
post Nov 10 2011, 02:12 PM

New Member
*
Junior Member
13 posts

Joined: Nov 2011
From: Kuala Lumpur


you guys are quite true.

it will be even better if you could use technical analysis to support your fundamental news or vice versa whenever you make decision.

i've been trading (paper trade), and so far i find fundamental and technical analysis helpful.
neoflix
post Jul 27 2015, 04:53 PM

New Member
*
Newbie
3 posts

Joined: May 2010
Hello guys,

Anyone trade future market in US via Ninjatrader broker?
Would like to find out is there any law and regulation by Malaysia Bank Negara e,g withdrawal fund from overseas account back to Malaysia.
I heard someone account was freeze by BNM due to withdrawing fund from overseas to his Malaysia account every month. Is that true?

regard
Neoflix
Singh_Kalan
post Aug 13 2018, 11:10 AM

Look at all my stars!!
*******
Senior Member
2,043 posts

Joined: Jul 2005
Day trade is a kind of gamble, not to be confuse with investing. As with any kind of gamble, majority will loss money.
icemanfx
post Aug 13 2018, 07:21 PM

20k VIP Club
*********
All Stars
21,459 posts

Joined: Jul 2012



In current era, hft is possibly the only viable method for profitable intra day trading.

Singh_Kalan
post Aug 15 2018, 01:15 AM

Look at all my stars!!
*******
Senior Member
2,043 posts

Joined: Jul 2005
QUOTE(sdas86 @ Sep 19 2010, 04:11 PM)
I would like to treat day trade as short term side income. smile.gif

I get to know that trading in our stock market is not easy.
*
If day trade can be make as an income, so do gambling at Genting. A wishful thinking from most avid gambler
Most of them end up losing some even took their life.
asiatrader98
post Nov 6 2018, 10:21 AM

Regular
******
Senior Member
1,487 posts

Joined: Dec 2005
QUOTE(Singh_Kalan @ Aug 15 2018, 01:15 AM)
If day trade can be make as an income, so do gambling at Genting.   A wishful thinking from most avid gambler
Most of them end up losing some even took their life.
*
you are totally wrong

in malaysia, pro daytrader such as PDT & IVT
they are making money by daytrading consistently
some up to RM1-2 m per year
but you are right the failure rate is very high i.e. 92-93% in this industry

This post has been edited by asiatrader98: Nov 6 2018, 10:24 AM
Singh_Kalan
post Nov 6 2018, 11:43 AM

Look at all my stars!!
*******
Senior Member
2,043 posts

Joined: Jul 2005
QUOTE(asiatrader98 @ Nov 6 2018, 10:21 AM)
you are totally wrong

in malaysia, pro daytrader such as PDT & IVT
they are making money by daytrading consistently
some up to RM1-2 m per year
but you are right the failure rate is very high i.e. 92-93% in this industry
*
That kind of failure rate is worst than gambling.
asiatrader98
post Nov 6 2018, 09:45 PM

Regular
******
Senior Member
1,487 posts

Joined: Dec 2005
QUOTE(Singh_Kalan @ Nov 6 2018, 11:43 AM)
That kind of failure rate is worst than gambling.
*
but the return/income is very high compare with other industries
even bad time at least 5-6 figure per month for them, good time 7 figure per month also likely
some even never have the losing month over the last 20 years
gambling can not ensure you can make profit consistently
but they are professional .....not everyone can be professional daytrader
only less then 60 PDT lisence issued by Bursa Malaysia and until now maybe 150+/- IVT in the market

in the future, this is the trend to be a daytrader rather than remisier with investment bank

This post has been edited by asiatrader98: Nov 6 2018, 09:51 PM
JayCkat
post Dec 19 2018, 11:14 PM

Look at all my stars!!
*******
Senior Member
2,535 posts

Joined: Jun 2013
QUOTE(Singh_Kalan @ Aug 15 2018, 01:15 AM)
If day trade can be make as an income, so do gambling at Genting.  A wishful thinking from most avid gambler
Most of them end up losing some even took their life.
*
There is gambling based of blind luck and there is card counting, based on probability and system to estimate your probability of a winning hand.

The former will end with you losing all your money. The latter will end with you walking home with several thousand dollars every night, until you end your holiday and go back to being a math professor.


SUSlowya
post Dec 19 2018, 11:35 PM

Look at all my stars!!
*******
Senior Member
4,821 posts

Joined: Mar 2009
the most successful one is your broker.
JayCkat
post Dec 20 2018, 12:10 AM

Look at all my stars!!
*******
Senior Member
2,535 posts

Joined: Jun 2013
QUOTE(lowya @ Dec 19 2018, 11:35 PM)
the most successful one is your broker.
*
Broker, BURSA and Government.
Pay them to buy. Pay them to sell.

To them everything is a win.

40% of my profits go to those three.
tohca
post Dec 20 2018, 09:34 AM

On my way
****
Junior Member
656 posts

Joined: Jan 2003
QUOTE(JayCkat @ Dec 20 2018, 12:10 AM)
Broker, BURSA and Government.
Pay them to buy. Pay them to sell.

To them everything is a win.

40% of my profits go to those three.
*
Good observation. My bet is on Bursa.
JayCkat
post Dec 20 2018, 11:33 PM

Look at all my stars!!
*******
Senior Member
2,535 posts

Joined: Jun 2013
QUOTE(tohca @ Dec 20 2018, 09:34 AM)
Good observation. My bet is on Bursa.
*
And BURSA 1818 is also a publicly listed company that you can buy shares in. So you can own part of the House and always win when some retail investors/trader does something on the KLCI.


tohca
post Dec 21 2018, 10:59 AM

On my way
****
Junior Member
656 posts

Joined: Jan 2003
QUOTE(JayCkat @ Dec 20 2018, 11:33 PM)
And BURSA 1818 is also a publicly listed company that you can buy shares in. So you can own part of the House and always win when some retail investors/trader does something on the KLCI.
*
Yes, am slowly adding as the price becomes even more attractive. The dy is excellent. Always best and easiest to go with the house, it seldom loses.

4 Pages < 1 2 3 4 >Top
 

Change to:
| Lo-Fi Version
0.0205sec    0.54    5 queries    GZIP Disabled
Time is now: 25th December 2025 - 12:22 AM