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 STOCK MARKET DISCUSSION V150

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Bendan[520]
post Apr 13 2020, 02:10 PM

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today stock market not so active, hovering around.. all day lows and coming back highs
backspace66
post Apr 13 2020, 02:12 PM

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QUOTE(andrekua2 @ Apr 13 2020, 01:27 PM)
Guys,

Any recommendations for where to open trading account that wont suspend your account every single year?

Got fed up with HLB. Reactivate my account 2 times liao and now suspend again. I dont trade often but was unable to average down during last month because account was suspended plus was being under quarantine.
*
If i remember correctly, there is no such thing for maybank investment bank, only dormant cds if no transaction for 3 years.
andrekua2
post Apr 13 2020, 02:14 PM

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QUOTE(backspace66 @ Apr 13 2020, 02:12 PM)
If i remember correctly, there is no such thing for maybank investment bank, only dormant cds if no transaction for 3 years.
*
Ok... will goto maybank to inquire. Used to have an account with them but thought HLB is more convenient because also used to debit salary.
abcn1n
post Apr 13 2020, 02:15 PM

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QUOTE(andrekua2 @ Apr 13 2020, 01:27 PM)
Guys,

Any recommendations for where to open trading account that wont suspend your account every single year?

Got fed up with HLB. Reactivate my account 2 times liao and now suspend again. I dont trade often but was unable to average down during last month because account was suspended plus was being under quarantine.
*
QUOTE(MasterConfucion @ Apr 13 2020, 01:32 PM)
What is the reason for suspension?
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QUOTE(andrekua2 @ Apr 13 2020, 01:34 PM)
Not active. They need one buy/sell per year. This is ridiculous. I have few K inside plus few K in shares. Although I don't trade often, it still sucks.
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QUOTE(backspace66 @ Apr 13 2020, 02:12 PM)
If i remember correctly, there is no such thing for maybank investment bank, only dormant cds if no transaction for 3 years.
*
Was contemplating whether to open account with HLB. After reading this, not interested anymore. Maybe in future will open one with MBB

This post has been edited by abcn1n: Apr 13 2020, 02:17 PM
SUSMasterConfucion
post Apr 13 2020, 02:18 PM

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QUOTE(Bendan520 @ Apr 13 2020, 02:10 PM)
today stock market not so active, hovering around.. all day lows and coming back highs
*
Ya not productive today. I think will be around this level onwards unless have breaking news
spoon2272
post Apr 13 2020, 02:23 PM

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Waiting for US index tonight?
!@#$%^
post Apr 13 2020, 02:40 PM

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QUOTE(MasterConfucion @ Apr 13 2020, 02:18 PM)
Ya not productive today. I think will be around this level onwards unless have breaking news
*
boring times then
ragk
post Apr 13 2020, 02:41 PM

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is that anyway we could view the Daily Trading Participation of specific stock?
Bendan[520]
post Apr 13 2020, 02:43 PM

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QUOTE(MasterConfucion @ Apr 13 2020, 02:18 PM)
Ya not productive today. I think will be around this level onwards unless have breaking news
*
Wait for DJI and Futures. If tonight rise, then tmr got some game to play. tongue.gif
wueytshuan
post Apr 13 2020, 03:52 PM

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Hello sifu2 sekalian,

May I know why everytime i placed a market order, it will shows trading exceeded limit.

For e.g. I was trying to purchase a stock which is worth 500 lots = RM500 during trading hours. It was rejected eventhough i have few k left stated on trading limit.

Pleasee helpppP! Thank you very muchiee!
pisces88
post Apr 13 2020, 04:09 PM

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QUOTE(wueytshuan @ Apr 13 2020, 03:52 PM)
Hello sifu2 sekalian,

May I know why everytime i placed a market order, it will shows trading exceeded limit.

For e.g. I was trying to purchase a stock which is worth 500 lots = RM500 during trading hours. It was rejected eventhough i have few k left stated on trading limit.

Pleasee helpppP! Thank you very muchiee!
*
got key in properly? u key in 500 x 100?
potenza10
post Apr 13 2020, 04:21 PM

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QUOTE(wueytshuan @ Apr 13 2020, 03:52 PM)
Hello sifu2 sekalian,

May I know why everytime i placed a market order, it will shows trading exceeded limit.

For e.g. I was trying to purchase a stock which is worth 500 lots = RM500 during trading hours. It was rejected eventhough i have few k left stated on trading limit.

Pleasee helpppP! Thank you very muchiee!
*
Hv u bought any shares before that which still not settle T+2?
cherroy
post Apr 13 2020, 04:26 PM

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QUOTE(wueytshuan @ Apr 13 2020, 03:52 PM)
Hello sifu2 sekalian,

May I know why everytime i placed a market order, it will shows trading exceeded limit.

For e.g. I was trying to purchase a stock which is worth 500 lots = RM500 during trading hours. It was rejected eventhough i have few k left stated on trading limit.

Pleasee helpppP! Thank you very muchiee!
*
Please check your broker firm trading limit.

I knew some impose a default limit of max 500 lots per order for retailers. While some may differ.
or
price keyed in is out of trading limit.

There are many reasons why an order is rejected, typically to prevent fat finger mistake.
Vanguard 2015
post Apr 13 2020, 04:45 PM

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When the share market is trading sideways, it is sometimes like putting a frog into a pot of water. You don’t put the frog straight away into a pot of hot water because it will jump out.

You put the frog in cool water first and then warm up the water slowly. By the time the frog realized that the water is hot, it is too late. The frog has already been boiled to death.

Frog = retail investor
skty
post Apr 13 2020, 05:02 PM

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QUOTE(Vanguard 2015 @ Apr 13 2020, 04:45 PM)
When the share market is trading sideways, it is sometimes like putting a frog into a pot of water. You don’t put the frog straight away into a pot of hot water because it will jump out.

You put the frog in cool water first and then warm up the water slowly. By the time the frog realized that the water is hot, it is too late. The frog has already been boiled to death.

Frog = retail investor
*
big institutions are reallocating their stocks and retailers are taking from them. rclxms.gif

and yet those retailers who haven't sell will think they have make money in this MCO period. brows.gif
abcn1n
post Apr 13 2020, 05:35 PM

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QUOTE(cherroy @ Apr 13 2020, 04:26 PM)
Please check your broker firm trading limit.

I knew some impose a default limit of max 500 lots per order for retailers. While some may differ.
or
price keyed in is out of trading limit.

There are many reasons why an order is rejected, typically to prevent fat finger mistake.
*
For my case, its when I put price out of the trading limit, then straightaway kena rejected
Felice821
post Apr 13 2020, 06:02 PM

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QUOTE(andrekua2 @ Apr 13 2020, 02:00 PM)
No other that would offer longer term before being tagged dormant?

Either way I need to move away from HLB. It's just too inconvenient to go to PJ to do this.
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My account kena suspend too early last month. I just re-activated back few days before MCO. I didn't go PJ office, I just email them the form to conform on the signature. If the signature is accurate, then just courier over the hardcopy.
whyseej00
post Apr 13 2020, 07:46 PM

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QUOTE(abcn1n @ Apr 13 2020, 05:35 PM)
For my case, its when I put price out of the trading limit, then straightaway kena rejected
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You mean price per share? There's a upper and lower limit set by bursa
abcn1n
post Apr 13 2020, 10:31 PM

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QUOTE(whyseej00 @ Apr 13 2020, 07:46 PM)
You mean price per share? There's a upper and lower limit set by bursa
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Yes, price per share. Ohh...didn't know there's upper and lower limit set by bursa. Do you know whether this is only peculiar to Malaysia market? Any idea about Singapore? I know for USA last time, there was no such thing
danielcmugen
post Apr 14 2020, 12:27 AM

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QUOTE(andrekua2 @ Apr 13 2020, 01:27 PM)
Guys,

Any recommendations for where to open trading account that wont suspend your account every single year?

Got fed up with HLB. Reactivate my account 2 times liao and now suspend again. I dont trade often but was unable to average down during last month because account was suspended plus was being under quarantine.
*
1 year considered good already. RHB tradesmart only allow 6 months.

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