indeed agree, we have a good turn here this time around..should be vroom vroom soon
US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter
US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter
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Oct 15 2013, 05:02 PM
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Junior Member
333 posts Joined: Dec 2009 |
indeed agree, we have a good turn here this time around..should be vroom vroom soon
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Oct 15 2013, 05:39 PM
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Senior Member
1,108 posts Joined: Apr 2010 |
QUOTE(danmooncake @ Oct 12 2013, 09:34 PM) Sorry, I hardly answer PM questions got too many spam, so I turn it off. Bro,What's your question? Free feel to ask here because I may not know all the answers. There are many experts here as well. We're all here to learn.. (and to make money! Need your assistance on the following: 1. Is Etrade a good enough platform for traders who are active? They are just charging a flat $9.99 for any contract size. 2. What's the cheapest way to withdrawl money from US trading account back to Malaysia? Etrade told me that they will charge $25 for every withdrawal request. Then bank will charge us for TT, plus conversion losses. 3. Can we short sell stocks in US market? or only certain designated counters? Thanks. |
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Oct 15 2013, 10:06 PM
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Validating
1,525 posts Joined: Oct 2012 |
LVS upgraded
NBG = not bad too. C Q3 Earnings - As long as FED continuous its quantitative easing(QE), relatively stock will continue to be uptrend..Don't fight against the FED. In future, FED will taper and reduce QE, increase interest rate 5x-7x and hence, it is time to exit/short .. This post has been edited by netmask8: Oct 15 2013, 11:28 PM |
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Oct 15 2013, 10:18 PM
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Validating
1,525 posts Joined: Oct 2012 |
QUOTE(super911 @ Oct 15 2013, 05:39 PM) Bro, ETRADE is my 1st USA broker account as I got share options/Restricted Share Units and I'm able toNeed your assistance on the following: 1. Is Etrade a good enough platform for traders who are active? They are just charging a flat $9.99 for any contract size. 2. What's the cheapest way to withdrawl money from US trading account back to Malaysia? Etrade told me that they will charge $25 for every withdrawal request. Then bank will charge us for TT, plus conversion losses. 3. Can we short sell stocks in US market? or only certain designated counters? Thanks. purchase my MNC company share at 15% discount given to employee, which deducted thru monthly salary up to 10% of basic salary accum and company purchase share for employee every 6 months. For Q2 as investor In my previous experience, i buy and sell share using ETRADE broker.. Seldom withdrawal as the fees are expensive and need to know the conversion rate. Keep yr $ in the trust account.Any future share purchase transaction, will be deducted from yr trust account / available balance..If you continue TT in and out into yr trust account, conversion rate fluctuate and bank fees For Q1 + Q3, let the trader share their experience. This post has been edited by netmask8: Oct 15 2013, 10:35 PM |
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Oct 15 2013, 10:31 PM
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Junior Member
168 posts Joined: Jul 2010 |
Commissions aside, you still can try out a few platforms to see which suits you.
I personally used optionsxpress and TOS. I like the TOS scanner and multi chart layouts. Optionsxpress also has an advance platform. Another way is also....if you like platform A for charting & scanning etc, but dont like the commission, then use platform A to pick your stocks...and order in another platform. |
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Oct 15 2013, 10:33 PM
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Senior Member
1,108 posts Joined: Apr 2010 |
QUOTE(foosh @ Oct 15 2013, 10:31 PM) Commissions aside, you still can try out a few platforms to see which suits you. +1.I personally used optionsxpress and TOS. I like the TOS scanner and multi chart layouts. Optionsxpress also has an advance platform. Another way is also....if you like platform A for charting & scanning etc, but dont like the commission, then use platform A to pick your stocks...and order in another platform. |
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Oct 16 2013, 12:24 AM
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All Stars
17,100 posts Joined: Mar 2005 |
QUOTE(danmooncake @ Oct 15 2013, 07:32 AM) yes, indeed.. hope the US funds will takutkan we here for one day, today, to bear bear a lil.... hope soThis is last chance for bears to take control otherwise no more chance if there is resolution coming from Washington. This post has been edited by mikehwy: Oct 16 2013, 12:26 AM |
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Oct 16 2013, 12:31 AM
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Junior Member
131 posts Joined: Aug 2012 |
Question on trading US stocks via local banks (e.g. Maybank, CIMB, Kenanga, etc). If I buy a US stock, will it be under a nominee account?
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Oct 16 2013, 10:13 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Boehner said he'll accept the senate plan. That's it.
Bears got no chance, continue to stay long. |
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Oct 16 2013, 10:35 PM
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Senior Member
3,482 posts Joined: Sep 2007 |
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Oct 16 2013, 10:37 PM
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All Stars
10,123 posts Joined: Aug 2007 |
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Oct 16 2013, 10:40 PM
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3,482 posts Joined: Sep 2007 |
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Oct 16 2013, 11:01 PM
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Validating
1,525 posts Joined: Oct 2012 |
USA Govt Shutdown + Potential Credit Rating Agency Downgrade = Market Uptrend.
AAA ==>> AA- ( Still very STRONG Credit Rating ). Most importantly, cheap printing money is helping stock to move higher. Nasdaq is in 13 years high, and this year 2013 alone, has up 22% .. |
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Oct 16 2013, 11:07 PM
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All Stars
10,123 posts Joined: Aug 2007 |
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Oct 16 2013, 11:09 PM
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Senior Member
3,482 posts Joined: Sep 2007 |
QUOTE(netmask8 @ Oct 16 2013, 11:01 PM) USA Govt Shutdown + Potential Credit Rating Agency Downgrade = Market Uptrend. AAA ==>> AA- ( Still very STRONG Credit Rating ). Most importantly, cheap printing money is helping stock to move higher. Nasdaq is in 13 years high, and this year 2013 alone, has up 22% .. |
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Oct 17 2013, 12:16 AM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(super911 @ Oct 15 2013, 05:39 PM) Bro, a) I used to have ETrade but not anymore. I don't like their tools. For same commission, I prefer TD Ameritrade ThinkorSwim.Need your assistance on the following: 1. Is Etrade a good enough platform for traders who are active? They are just charging a flat $9.99 for any contract size. 2. What's the cheapest way to withdrawl money from US trading account back to Malaysia? Etrade told me that they will charge $25 for every withdrawal request. Then bank will charge us for TT, plus conversion losses. 3. Can we short sell stocks in US market? or only certain designated counters? Thanks. b) Dunno much about Malaysia bank transfer rate. 'coz I kept my account in USD and SGD. I use Interbank transfer, (US direct deposit method)... somehow I didn't see any fees unless I convert them to local SGD currency. c) Yes, you can short stocks in US market provided you've a margin acct open. Some stocks have designated higher risk and may required higher margin requirement. Min is US25K per account. |
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Oct 17 2013, 12:35 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur |
super bull continues....
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Oct 17 2013, 01:13 AM
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Junior Member
61 posts Joined: Jan 2005 From: Malaysia |
hey guys, im interested to open an account (non-local brokerage) for US stock online-trade, is there any international broker you can recommend of ? most of them i'd a live chat and they are not available for account opening for foreigner / not reside within US. (tradeking, firstreade, optionshouse etc )
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Oct 17 2013, 06:09 AM
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All Stars
10,123 posts Joined: Aug 2007 |
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Oct 17 2013, 08:50 AM
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Senior Member
1,108 posts Joined: Apr 2010 |
QUOTE(danmooncake @ Oct 17 2013, 12:16 AM) a) I used to have ETrade but not anymore. I don't like their tools. For same commission, I prefer TD Ameritrade ThinkorSwim. Bro,b) Dunno much about Malaysia bank transfer rate. 'coz I kept my account in USD and SGD. I use Interbank transfer, (US direct deposit method)... somehow I didn't see any fees unless I convert them to local SGD currency. c) Yes, you can short stocks in US market provided you've a margin acct open. Some stocks have designated higher risk and may required higher margin requirement. Min is US25K per account. I just checked the TD Ameritrade website. Only Singapore PR or with working pass allowed to open an account. -May non-Singapore citizens trade with thinkorswim Singapore? Yes, non-Singapore citizens may register with thinkorswim Singapore, provided you are a Permanent Resident or have a valid Employment Pass or Work Pass. You will be required to provide us with a valid Tax ID number in Singapore to open the account. You will also be required to verify your Singapore address by providing us with a copy of a utility bill and/or bank statement listing your address. |
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