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 Gold Investment Corner V8, All About Gold

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latipbogiba
post Feb 5 2021, 07:54 PM

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QUOTE(waghyu @ Feb 5 2021, 06:12 PM)
I buy 1785.50 and exited 1809.95, happy.
*
Haha im the opposite. I thought it will went down more so i kena.

This post has been edited by latipbogiba: Feb 5 2021, 07:54 PM
honsiong
post Feb 5 2021, 08:03 PM

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Hailat, -7% since I entered KLSE goldetf
waghyu
post Feb 5 2021, 09:59 PM

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QUOTE(latipbogiba @ Feb 5 2021, 07:54 PM)
Haha im the opposite. I thought it will went down more so i kena.
*
buy 1794.25 just now exit 1808
latipbogiba
post Feb 5 2021, 11:56 PM

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QUOTE(waghyu @ Feb 5 2021, 09:59 PM)
buy 1794.25 just now exit 1808
*
Just want to ask, if i don't close my order what will happen?

Let say it stated trade from 1:00 till 20:30. Then i forgot and sleep. So what will happen ya? Is my trading still ongoing? Will i incurred loss?

Thanks.
waghyu
post Feb 5 2021, 11:58 PM

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QUOTE(latipbogiba @ Feb 5 2021, 11:56 PM)
Just want to ask, if i don't close my order what will happen?

Let say it stated trade from 1:00 till 20:30. Then i forgot and sleep. So what will happen ya? Is my trading still ongoing? Will i incurred loss?

Thanks.
*
Which broker / terminal u use? There be swap charges. Trade not be liquidated, but depends on broker some open partial hedge on positions weekends.
latipbogiba
post Feb 6 2021, 12:50 AM

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QUOTE(waghyu @ Feb 5 2021, 11:58 PM)
Which broker / terminal u use? There be swap charges. Trade not be liquidated, but depends on broker some open partial hedge on positions weekends.
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Fbs. Okay ke fbs?
waghyu
post Feb 6 2021, 02:27 AM

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QUOTE(latipbogiba @ Feb 6 2021, 12:50 AM)
Fbs. Okay ke fbs?
*
Macam ok. But I think Icmarkets even better.
latipbogiba
post Feb 6 2021, 07:22 AM

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QUOTE(waghyu @ Feb 6 2021, 02:27 AM)
Macam ok. But I think Icmarkets even better.
*
Actually me newbie using broker/fbs/forex but i've got experience trading in gold using gold account in bank.

Nampak macam sama gold account and trading account tapi sebenarnya tak.
waghyu
post Feb 6 2021, 09:45 AM

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QUOTE(latipbogiba @ Feb 6 2021, 07:22 AM)
Actually me newbie using broker/fbs/forex but i've got experience trading in gold using gold account in bank.

Nampak macam sama gold account and trading account tapi sebenarnya tak.
*
Lebih cepat kaya / cepat miskin if guna forex platform main gold. Hati hati.
latipbogiba
post Feb 11 2021, 12:46 AM

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QUOTE(waghyu @ Feb 6 2021, 09:45 AM)
Lebih cepat kaya / cepat miskin if guna forex platform main gold. Hati hati.
*
Tadi got surge in gold.
Dapat lebih dari 70%. Tapi beli tak banyak.
Huhu.
waghyu
post Feb 12 2021, 04:27 PM

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QUOTE(latipbogiba @ Feb 11 2021, 12:46 AM)
Tadi got surge in gold.
Dapat lebih dari 70%. Tapi beli tak banyak.
Huhu.
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I shorted from $1855 and now $1813
latipbogiba
post Feb 12 2021, 04:29 PM

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QUOTE(waghyu @ Feb 12 2021, 04:27 PM)
I shorted from $1855 and now $1813
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How do you know? Teach me sifu.

I bought at 1820. I thought that will be the lowest for today.
It gone down more.
😭
SmallPenguin
post Feb 12 2021, 04:31 PM

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QUOTE(latipbogiba @ Feb 12 2021, 04:29 PM)
How do you know? Teach me sifu.

I bought at 1820. I thought that will be the lowest for today.
It gone down more.
😭
*
it will go down more, cut your losses
latipbogiba
post Feb 12 2021, 04:46 PM

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QUOTE(SmallPenguin @ Feb 12 2021, 04:31 PM)
it will go down more, cut your losses
*
Cry....
waghyu
post Feb 12 2021, 05:32 PM

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QUOTE(latipbogiba @ Feb 12 2021, 04:29 PM)
How do you know? Teach me sifu.

I bought at 1820. I thought that will be the lowest for today.
It gone down more.
😭
*
I closed at bottom and enter buys. Profit both ways. Easy. Done for the week.
knight
post Feb 15 2021, 12:04 AM

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QUOTE(Unkerpanjang @ Jan 17 2021, 12:42 PM)
Paper gold. Try klse gold etf or bank gold account. I think prudent way to hedge against our potential RM depreciation, (due to deficit) . I use the Kwsp n ASNB dividends to DCA gold.

Physical gold. Try Silverbullion if u in PEN, KL or JHR. I find them best value compared to other MY gold dealers n gold smiths. If u have other recommendations on MY gold dealers, pls share. Also, I find him cheaper than SG Goldsilver n SG  Bullionstar, (after conversion).

Gold etf. Right now traders are shorting GLD, GDX etf, so stay away if u cannot stomach the price volatility.

Lastly, gold requires long term savings/ investmentt, unless u r an experience trader. Reminder, never put all eggs in 1 basket. Take all advice, (mine included) with a pinch of salt.

I am wary of the others.
*
Have u sold ur bullion. The split is hugeeeee...
Unkerpanjang
post Feb 15 2021, 08:07 AM

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QUOTE(knight @ Feb 15 2021, 12:04 AM)
Have u sold ur bullion. The split is hugeeeee...
*
In fact still accumulating both physical gold n maybank gold account. Am buying physical this week, as dealers closed during CNY. Our RM is devaluing, just look at food inflation. The asnb n kwsp dividends are barely enuf to offset the real inflation %. I'm capping my RM$ exposure with SG$ hedging.

Apart from gold, I've started allocating 0.2% networth on crypto, strategy to cost avg n build crypto to 2%. (Not for everyone, as I just use asnb n kwsp dividends to buy those assets). I'm just focusing on both extremes of investments in event MY inflation spikes.

Our country situation continues to be dire with mounting household debts, unemployment n mismanagement.
Unkerpanjang
post Feb 15 2021, 05:10 PM

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QUOTE(Unkerpanjang @ Feb 15 2021, 08:07 AM)
In fact still accumulating both physical gold n maybank gold account. Am buying physical this week, as dealers closed during CNY. Our RM is devaluing, just look at food inflation. The asnb n kwsp dividends are barely enuf to offset the real inflation %. I'm capping my RM$ exposure with SG$ hedging.

Apart from gold, I've started allocating 0.2% networth on crypto, strategy to cost avg n build crypto to 2%. (Not for everyone, as I just use asnb n kwsp dividends to buy those assets). I'm just focusing on both extremes of investments in event MY inflation spikes.

Our country situation continues to be dire with mounting household debts, unemployment n mismanagement.
*
Decided to buy ETH instead.

This post has been edited by Unkerpanjang: Feb 15 2021, 05:38 PM
My neighbour
post Feb 15 2021, 09:28 PM

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QUOTE(Unkerpanjang @ Feb 15 2021, 08:07 AM)
In fact still accumulating both physical gold n maybank gold account. Am buying physical this week, as dealers closed during CNY. Our RM is devaluing, just look at food inflation. The asnb n kwsp dividends are barely enuf to offset the real inflation %. I'm capping my RM$ exposure with SG$ hedging.

Apart from gold, I've started allocating 0.2% networth on crypto, strategy to cost avg n build crypto to 2%. (Not for everyone, as I just use asnb n kwsp dividends to buy those assets). I'm just focusing on both extremes of investments in event MY inflation spikes.

Our country situation continues to be dire with mounting household debts, unemployment n mismanagement.
*
Your post really making me think 🤔🤔

I have been accumulating only cash in this pandemic time, rather unusual cos I never let my cash idling urgh so unproductive
SUSbak kut teh
post Feb 16 2021, 10:50 AM

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hi guys , new to gold investment here.

appreciate if anyone can clarify below:

1. gold investment is only 1 type of gold?
2. i plan to use CIMB to invest in gold, in general are their sell rate good compare to other bank?


thanks!

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