US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter
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 Oct 12 2013, 11:30 AM
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#1
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Senior Member
1,108 posts Joined: Apr 2010 
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QUOTE(danmooncake @ Oct 12 2013, 11:21 AM) Good morning... Bro,FB $50 calls didn't get taken away. Still holding and got the premium that expired worthless overnight. Soon Hock fish and Abalone Dinner tonight..   I sent you a PM. If you have time, can you please assist? Thanks. |
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Oct 15 2013, 05:39 PM
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#2
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Senior Member
1,108 posts Joined: Apr 2010
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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, 10:33 PM
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#3
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Senior Member
1,108 posts Joined: Apr 2010
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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 17 2013, 08:50 AM
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#4
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Senior Member
1,108 posts Joined: Apr 2010
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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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Oct 17 2013, 09:45 PM
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#5
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Senior Member
1,108 posts Joined: Apr 2010
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QUOTE(danmooncake @ Oct 17 2013, 10:34 AM) Yes.. non-issue for me. I had TD Ameritrade (USA account) more than 10 years (even before they expanded to Singapore and elsewhere). I was PR but no longer valid now. So I might need to open at etrade.Can you meet their requirement? If not, there are many other brokers also allow Malaysian only citizens to trade. |
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