Aug 6 2009, 09:44 PM
QUOTE(joenjill @ May 24 2009, 12:50 AM)
can i apply the trading acc at M2U? must go investment branch?
which 1 is better? Margin or not margin acc?
Margin financing means borrow bank money to play stock..so the risk is higher..if after T+3 the share price drop, you'll have to sell at a lose. Share margin financing is meant for short term trading..so the risk of losing money is higher..unless you're very very very sure that the share price will increase within 3 days after u bought the share (take into account also the brokerage fees)..otherwise better invest with your own money ;-)which 1 is better? Margin or not margin acc?
Added on August 6, 2009, 9:45 pmDoes anyone know the meaning of the "Bank Value" column (beside Market Value) in the Monthly Statement?
This post has been edited by DanielW: Aug 6 2009, 09:45 PM
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