I think a leg down is coming which is why im not buying now. But will buy when that happens.

Most people compare to the 1929 pandemics, which is totally a wrong way to compare. Science has advanced way more, the financial system is stronger than ever. I think we will still see a dip but it wouldn't be too long or might not even test the previous bottom. The longer this drags out, the more light we see when the corona curve flattens and we achieve medical breakthrough in containing, curing, and preventing the disease through the form of vaccine.

Not sure what would happen in the near future, but I have shifted position since the news of FED coming out with unlimited QE.

Currently, my cash position has moved from 90% to 20% or less..I am still very much cautious and have not deploy any monies from my savings or ASNB, in case of emergencies and unforeseen risks from the pandemic.

As I stay invested throughout this rout, I realised that I have to be flexible and move with the market, while watching out for downward trends, after all, risk management matters.

I also realise that I have started trading the market i.e. holding some stocks for short period of time and then sell them off to take profit every now and then..

what's your position now? I sold some of my stocks so back to 60% cash.

of that equities, how much foreign how much local?

I'm 40% stocks, 60% cash (incl ASNB).

Stocks 15.71%
ETFs 15.45%
REITs 7.90%
Cash 60.94%

Geographical distribution:
Overseas 23.94%
Malaysia 15.13%
Local currency 44.72%
Foreign currencies 16.22%

Any recommendation for stocks in ASX???

What kind of actual cash amounts are you guys investing with? Ball park figues. I see the percentages but keen to know what kind of amounts you are playing with cuz the amount has a direct impact on your risk tolerance and emotional control. For me its about RM100K for now.

ya....don't know how low is low. 

Lost almost 20% for 3175. Hmm i sold off already.
Oil counter and oil instruments always jinx me i guess. I think i should stay away becausw too unpredictable. Good luck dude

For us stock etf you can try USO

Tradestation global/IBKR/Captrader if you are in Msia due to their low commissions so u can do day trades all day long.
Im trying to find the answer to the question of holding long term too. Like ^above people say, buy companies instead, they can have provisions compared to ETFs which does not, margin of safety is higher.

USO's too volatile, we need to see if there's a base forming in the coming days/week. My 2 cents, look at Brent instead.

To everyone who want to track futures; (ALL KINDS of futures - btw cocoa etc is good too! ) please refer to the below LIVE trades.

https://www.barchart.com/futures/quotes/CBM20

GDP report tonight.

if actual is close to expected, a rally will happen... futures already +200.

these days, small positive news = big rally.

Boeing vs Airbus, which is better?

is bursa gold etf better or US ?

im using maybank cds, charges quite high

Hi,

I am going to use CGS CIMB, but first time buying US shares. I think the min USD25 brokerage is still quite high, but anyway, too lazy change platform and take new risks on foreign brokers or online platforms. I only have Maybank KE for sg investments, but the funds there are limited.

May I ask if you settle in MYR when you buy US shares? Does this give the best forex conversion?

How about when you sell, assuming that I want to keep USD in my trust account for future purchases, should I settle in USD?

I had posted this question in the iTrade thread but nobody replied so far.

Thanks in advance.

What's CIMB brokerage fees like?
Do they charge for dividends admin?

Does it have stop loss features for US stocks?