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 STOCK MARKET DISCUSSION V150

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Alone
post Apr 18 2019, 10:27 PM

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Hi every sifus here

I'm planning on trading Asian stocks. But first I need to do my research, so I'm looking for some info to help me narrow down on where I need to look because..... Asia is dam big. lol

Which Asian country's stocks is volatile enough so I can do short term trades?
Is there a stock database for me to look for a specific company's info?
Which broker should I consider?

If you can let me know this, then I can start researching.

Thank you!!
Alone
post Apr 19 2019, 09:52 AM

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Hoo..... the sifus here seem pretty resentful with low patience.

QUOTE(Yggdrasil @ Apr 19 2019, 12:03 AM)
You sound really inexperienced. Short term trades are not for people with small capital. One transaction alone can incur high fees that will eat up whatever profit you earned in that short duration of time.

Maybe you can start with Malaysian stocks first. Penny stocks are extremely volatile with many people speculating hoping to 'goreng' it to earn a profit.
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In no part of my post did I mention I'm trading penny stocks. I do not know any of the fees that might be incurred because I cannot find much info, other than HK stocks, that is why I'm asking.

Malaysian stocks are too calm for me, since I have traded US stocks before, and I am spoiled for volatility.
So yes, I'm a newbie in Asian market.

QUOTE(infested_ysy @ Apr 19 2019, 02:19 AM)
You haven't started yet, and you're already asking everyone else to do your homework for you.

Imagine how screwed you'd be once you start buying stocks for real.
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I have google searched and failed to to see which indices are top most volatile among the Asian market. There's potential growth companies here, and I am just trying to narrow down to one country. If I do not know where to look for possible brokers, why is it wrong for me to ask for info from more experienced guys here? If I do not know which websites are reputable, is it wrong that I'm asking someone for help? Did I ask you to tell me which stocks to buy? When to buy or when to sell?



There's no need to bare fangs with your assumptions, please.

This post has been edited by Alone: Apr 19 2019, 09:56 AM
Alone
post Apr 19 2019, 04:28 PM

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QUOTE(Yggdrasil @ Apr 19 2019, 10:10 AM)
What's your definition of volatility? Penny stocks are volatile. A RM0.20 stock increase to RM0.21 is a 5% increase. Contrast this with stock worth RM10 which increase to RM10.01. which is a 0.1% increase.

I'm saying since you like speculating and short term, you can start using Malaysian penny stocks like IRIS. Alternatively, you can invest in indexes that try to profit from volatility like VIX.
*
My bad, I didn't specify. Yes, i'm looking for countries with mid caps that can go 5%-10% within a month.


QUOTE(cherroy @ Apr 19 2019, 10:40 AM)
Most Asian market is not as volatile as stocks in US, apart from HK (typically warrant stocks).

Personally I find HK market is the one more volatile (I could be wrong though)

Other Asian bourses are relatively smaller, hence volatility is lesser too.
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Thank you, yes probably that's why I can find more info about HK than anything else lol

I'll go dig lowyat for reputable news sites then, lest I be scorned for asking here again.
Alone
post Apr 19 2019, 11:52 PM

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QUOTE(foofoosasa @ Apr 19 2019, 07:50 PM)
5-10%, I think is pretty easy to find even in bursa.

In hk, some of the hk mid cap stocks can goes + or - 30% or more within a month depends on market condition especially before Q result coming out.

The problem is shorting mechanism in Malaysia not really attractive compare to US or HK market. Short sellers cannot punish bad result company kao kao, so our volatility is lower.
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yeah... well chicken and egg basically, low volatility can also be manipulated to make a lot of people lose a lot of money if they short, so they don't allow shorting.

I wonder how's those 280 stocks that was allowed to be shorted are doing...

 

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