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.

What is the reason for suspension?

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.

If i remember correctly, there is no such thing for maybank investment bank, only dormant cds if no transaction for 3 years.

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.

You mean price per share? There's a upper and lower limit set by bursa

Upper and lower adjusted weekly or daily I think. Can Google and check. Other markets don't know. Reason is to prevent manipulation and some sort of circuit breaker mechanism

Currently, KLSE adopts 30% upper and lower limit based on opening price for the day. Those below RM1.00, 30 cents is the range.

Sgx adopts circuit breaker method based on 10% range, a 5 mins cooling off period is triggered if it hit the limit. Price may continue to up and down further afterwards, as compared KLSE no further up or down after hitting 30% for the day.

Comrades, I have been going in to buy some stocks selectively since yesterday.

Time to realign my portfolio as well.

Where angels fear to tread...I just hope this will not be the case.

Which stocks you bought? Most of the banks prices went up wad?

The stocks in my portfolio is as per my siggy. Currently, I am now looking for some mid or small cap stocks to add some steroid to my portfolio. To be updated.

I sold HEIM today. IMHO, there is not much potential upside left. Moreover, the production of beer will be severely affected with the closing of the brewery factory.

I have added a few new stocks today, Lii Hen, CCK, Chinwell and Success. I was queuing for MFlour but did not manage to buy it. Testing the water carefully. These are all small or mid-cap stocks. As usual, this is not a recommendation from me to buy or sell. Please do your own research. Otherwise, I may lead you to Holland. 

In a good year, I earned about RM100K and in a bad year, I lost about RM170K (excluding sales fees and dividend payments).

But life goes on. Health and family comes first. 

Long time no see Comrade. Salute! 

Yes, I hope this year would be a profitable year for us since the market is down. It is difficult to make a profit when the market is trading sideways.   

You are right. Sometimes a hybrid approach is best, becoming a part trader and part investor depending on which stocks we buy.
Don’t say that bro. We all started from the bottom of the ladder and worked our way up. We saved our money over the years. With the passage of time and hard work, one day you will be the king of the mountain!
It’s OK bro. We aim to do better this year.
The RM170K is a realised loss. I built a new portfolio this year. Hope for the best and prepared for the worst.
I only play the Malaysian market. Yes, you are right. My original portfolio was about RM450K to RM500K.

I do have other investments in unit trust, etc.

Thank you. I wish everyone here including yourself win big money this year.

I got in LCtitan at 1.30, looking to sell soon anticipating:
1. overheated US markets
2. reinstating of short selling in KLCI
3. too much retail involvement (mostly are traders, not investors)

Not as good as my:
genm warrant up 66.67%
bursa warrant up 58%

LOL

Can check out malaysiawarrants.com.my for more info.

Basically like EU type options with a slight difference

Hmm can try Google malaysiawarrants. It worked fine here. Have to wait a bit to load

Disclaimer: warrants are structured products and carries a higher leveraged risk than equities. Please be aware of the risks involved and best to DYOR before trading warrants.

Also, I am not providing financial advice

Hi bro, thank you for your concern.

I am also holding about RM43K in Maybank. Maybank will survive but there is not much meat already. I am just keeping it for the dividends. Consider it your slow grower stock. The only risk is whether its NPL will grow once the 6 months moratorium for the housing loans is lifted.

For GenM, depending on your entry price, I think you may need to hold it for 1-2 years. I think the next QR would be bad - casino closed, theme park closed, etc because of Covid-19.
Still overall loss. I don’t have the file for my dividend payments with me now. I think my net loss should be around RM60K to RM70K.

Wow u seem quite relax about it. My nett loss is around a new myvi in cash.
Ok now I know im not alone

Have u gotten it back

LOL. Live a life of no regret, my friend. Money is important but there are other more important things in life like our health. We can always earn back the money later.

I am sure a lot of forumers here lost money before in the stock market especially during the recent melt down. With margin calls involved as well. But they just don’t post it publicly because of embarrassment.

People will only post about their wins but not their losses. This is normal human behavior.

For me, I prefer to take responsibility, learn from the mistake and move on with life.

Means still got 1 week+ to goreng

Frontken.

not an expert chartist here but serbadk is double top now bro