yes, u r right on this. i watched closely last night.
as crude stalled n even declined, hal, rig, xom, slb turned red.
xle did turn red briefly but can see it paced with spy well.
well, all ends well, though!

thanks for yr help again. my first purchases looking fine at this time.

This post has been edited by AVFAN: Dec 19 2014, 10:49 AM

MPEL is as if manila is a dud haha, but the momentum is massive so its no go for me still

Congrats! Awesome bounce for XLE this week... $8 move from low of $72.50

Not only that... the gaming folks in Macau is hoping for Xi JinPing visit could help to relief them of the draught.
But, I don't think he's signalling any easing for them yet since he still cracking down on corruption.

congratz! break ur virginity in stocks already

me yet to break my virginity in stocks...always monitor stocks in investing.com apps the past 1.5 years only...

i had been wanting to do that for some months now, since the time when aapl went below 100.

well, last week's oil price crash presented an opportunity i could not resist.

there's always a first time for anything, go for it!

am actually looking to buy aapl n msft. if n when oil firms, will get some slb n rig.

This post has been edited by AVFAN: Dec 20 2014, 07:21 PM

my stock is making a double digit profit but the sales charge is painful to swallow.

What does "sales charge" mean?

lol... sry mistaken UT term

was referring to the brokerage fee to purchase a NYSE stock using local bank platform

Oh I see, you're referring to the transaction fee.

Are you paying a "flat" fee or by "percentage"?
If by "percentage", then it is time to ditch your local broker and open a direct one with US brokerage.

But, if you don't trade much (like once a month or a quarter) or a "buy-and-hold" type,
then don't worry too much about it.

Also, USD is high now.. perhaps everytime you buy/sell locally, they will charge you transaction fee, and currency exchange fee too. That would be a double ouch.

Hi there.

I'm paying by % but there is a minimum of USD30 per transaction.

i'm more towards the buy-and-hold type. hardly speculate.

luckily i purchased mine before the oil issue and USD high time.

hence, would like to ask what are the procedures to open a direct account with a US brokerage?

Looks like the saudis are bent on scorched earth with their commentary, crude down to 55.6x again

Good thing I resisted from throwing anything into UWTI. Gonna just stick with DWTI & hope that crude continues to drop.

fyi, for cimb's iTrade, every foreign account transaction will first "buy the currency", then "trade with the currency" and you may choose not to change back into RM if selling foreign shares. As for my iTrade, there are currently 3 sub-accounts to deal with HKD, USD and RM although all 3 still managed under one integrated iTRade account. So no double charged.

min usd30.. what bank..? higher then than cimb itrade's usd25.
hope yr % is not higher than 0.4%.
anyway, if not trading much, minor effect...

i m on same thing: rm-sgd-usd. i find the rates reasonable.
what i do with say, sgd dividends, i leave it in trust acc for not more than a qtr, accumulate enough to buy more when price is acceptable.
come jan 2015, sgx going board lot 100 which will make things easier.
plan is to do same for usd, no reason to think rm will strengthen bigtime for "decades"; reverse may come true, though.


this oil story... after many saying it'll go as low as usd40 some weeks ago, now i start to read some reports making the case for usd64-65 avg for 2015. well, who knows.... but we do have an interesting opportunity now... to buy or to keep watching...?

This post has been edited by AVFAN: Dec 23 2014, 12:34 AM

HLE broking. good for local market. but charge me USD30 when i purchase a stock from NYSE.

technically, buy USD 30, sell USD 30 = USD60

Remember when Goldman said Oil will go to $200 when it was $140 back in '08?.. then it reverses and went down.

The thing is when a lot people start talking about $40 oil, it most likely it will not happen and likely to bottom in the 50s and move back up. A lot of times, they overshoot to the downside.

As for Opec,, funny argument from them they're saying non-Opec members should cut back production.. not them.

$30/trade.. that's high. Does this involve a human remisier assisted trade?

$30 could mean 30 trades for me..

This post has been edited by danmooncake: Dec 23 2014, 12:55 AM

nope... e-trade.

hence, asking around what are my better options regarding this issue.

i like to think that the selling was a bit overdone like it always happen; good probability it will recover 10-15% soon and hover there for some time. the case of oil can't be like gold which never recovered, maybe not for 10 yrs!

anyway, i have a passion for oil having worked in that industry for some years a long time ago. so, just bought bits of slb and oih for old time sake.

will look for opportunity to buy some aapl n msft. with that, i'll be happy just to sit back for a while.

good nite.

This post has been edited by AVFAN: Dec 23 2014, 01:10 AM