still playing gold? not scare ah?
apple got cashpile+cash flow to support share price, gold only got "spirit" to support.

This post has been edited by yok70: Jul 2 2013, 05:27 PM

normally when dropped like crazy, it'll either bounce back as dead cat bounce, short-covering or dip buyers or everything, i just follow...no fundamental . On 3rd/4th candle it may draw back or continue downtrend or etc...So, have to let go everything on the 3rd/4th candle. yesterday let go half, today might let go everything.

This post has been edited by countdown: Jul 2 2013, 06:30 PM

if touch 1000, i might be getting exciting.
if touch 800, i might be tempting to start buying.

I wouldn't buy if drops below 1000.

true also. i guess i probably will never buy gold. it's too unjustifiable and unpredictable.

Wanna play GLL (2x Gold bear).. good support at $100.

Thanks for sharing. But too bad, my local broker cimb account not allow to trade ETF.

Apple up up up.

This post has been edited by yok70: Jul 3 2013, 12:10 AM

Would like some guide in transferring money and exchange rate to a US broker. Appreciate some can get some help.

Let say I am transferring money to MBTrading using Maybank.

For incoming fund to MBTrading (Maybank to MBTrading), can I calculate my fee will be:
RM10 transaction fee + free at MBTrading
Exchange rate will be = 3.2050

For outgoing fund from MBTrading (MBTrading to Maybank),
USD50 wire transfer outgoing(international) + free at Maybank
Exchange rate will be = 3.1170

Exchange rate, based on Maybank rate today are:
Selling TT/OD = 3.2050
Buying TT = 3.1170
Buying OD = 3.1070

http://www.mbtrading.com/stocksMiscFees.aspx

http://www.maybank2u.com.my/mbb_info/m2u/p...al/ACC-Accounts

This post has been edited by staind: Jul 3 2013, 12:46 AM

the cimb brokerage not expensive?

aapl good for you

very expensive.
what to do. too tired to dig an international platform that easy to apply and get it work. Last time applied for one, then it asked for documents from banks bla bla bla, headache.
i just want one that i can apply completely via online, then wire/transfer money into the broker account, then i can start the game. Is there any? please recommend.

This post has been edited by yok70: Jul 3 2013, 02:14 AM

U-turn.

most of the US broker fulfill ur requirement plus u just need to send a hardcopy form of W-8BEN. i'm using ameritrade ThinkorSwim.

Sold all AAPL my calls at 420.. I'm out early.
Tomorrow, just half day, so I'm staying in cash till Friday to see if there's any chance for bargain hunting again.

Is it? I registered at optionsXpress before, and it seems not that simple. So I didn't complete the registration.
So your ameritrade ThinkorSwim can trade everything in US market? How's the average fees? Say if RM5000 per transaction on stock or options, roughly how many % charged as fees? Less than 1%?
Thanks!

This post has been edited by yok70: Jul 3 2013, 03:55 AM

congrats!

What's stock market has to do with Egypt lah!
http://finance.yahoo.com/news/stock-market...A3BtaA--;_ylv=3

US brokers' charges is per trade basis. Yes u can trade ETF, stocks, options, futures and forex, mostly everything in US.

Option charges:

01) $1 to $1.5 per contract depending on your size, volumn and pattern of trading, if ur volumn is big, they can give you $1 or lower per contract. How big is considered big? u hv to chat with them. This option is also suitable for small volumn.

02) Also, you can opt for their other selection which I had forgotten, something like $0.70 per contract + $9.95 per trade. This option is meant for bigger contract.

As u can see both option 1 & 2 is suitable for bigger contracts, I opted for 1st option due to its flexibility between larger and lower volumn.


I couldn't recall the stocks charges bsc I seldom trade mother share but their option. I think the package is as follow:

$0.015 per share, min $5 per trade and there is other package which I had forgotten, u'll need to check with them.

More info on charges:
https://www.thinkorswim.com/tos/myAccounts/displayRates.tos

What I like abt TOS is their platform and their efficient chat support. Though their platform is a bit of flaws but so far ok lar......

Anyone tried Prodigio before? I've just installed it and want to try out its automated trading feature. Right now it work only with optionhouse but they plan to add more brokers soon. Prodigio used to be with TOS but Ameritrade drop support sometime after it acquired TOS.

how come the non-farm employment change and unemployment claim is all positive but the market dive....?? very confusing...

Easy... no one wants to hold risk during the break before Friday.
When Friday comes, the UE numbers could swing the market either way.

I'm staying neutral, holding cash is better. I jump right back in once the direction is established.
We still got upside move and lots of downside risk and lots of money at the sidelines at the 2nd half to pour in.

Today halfday trading only.. so, I'm closing shop early too. Nothing attractive here.. but
interesting to each is AAPL. We got support now a 400-420 level. If this dips back to low 400, just BUY it.

AAPL recent hired of YSL ex-CEO (Paul Deneve) is interesting. It goes to show that AAPL is going to focus the next big thing on wearables.

thanks! i'll take a look.