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 Investors Club V10, Previously known as Traders Kopitiam

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lowyatjoe
post Jul 18 2017, 10:04 PM

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hi bro's

this week my second week investing and today i sold 2 shares one is alcom untung rm 1 the other is ekovest untuk rm 69...

no strategy... for ekovest i buy morning sell at 4pm hehehe.. i buy ekovest coz i saw it trending and then i read news on it..


anyway hope to learn from experience traders here
lowyatjoe
post Jul 18 2017, 10:50 PM

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QUOTE(djhenry91 @ Jul 18 2017, 10:37 PM)
after minus brokerages,clearing fees,stamp duty and gst ar
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haha no..

hmm shoud

rm 8(buy stock) + rm 8(sell stock) ..

i use maybank2u got clearingfees, stamp duty and gst ka??

how much la tht cost?
lowyatjoe
post Jul 18 2017, 11:16 PM

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QUOTE(djhenry91 @ Jul 18 2017, 11:04 PM)
u duno the cost beside brokerage?
GST charge on brokerage and clearing fees
clearing fees 0.03%
stamp duty 0.1%
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ok bro i dont know i just started

haiyo thanks for the info

boss if i buy the share at rm 700.00
maybank charge buy share = rm 8
clearing fees when buy share =(0.03/100) * RM700(i bought the share) = 0.21
gst when buy share= (6/100) *RM700(i bought the share) = RM 42 <--- is this correct????
PLUS stamp duty when buy share = (0.1/100) * RM700(i bought the share)= 0.70
total expense when buy share is = rm 42.91???

i suppose when i sell same thing rite?

haiyoh sad.gif sad.gif sad.gif sad.gif sad.gif


lowyatjoe
post Jul 18 2017, 11:19 PM

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QUOTE(Avangelice @ Jul 18 2017, 11:13 PM)
wah lao bro. you must remember that you buy in a stock you get charged roughly around 8myr /0.1% (depending on your stock platform) then another similar fee when you sell.

so your alcom you took into consideration your processing fees or haven't?

also I don't think you can short sell. I do not think it's allowed.
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alcom in total i rugi haiyoh

but ekovest i buy morning then sell and get all matched at 4.15pm ok i think



lowyatjoe
post Jul 18 2017, 11:51 PM

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Junior Member
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Joined: Apr 2017
QUOTE(Avangelice @ Jul 18 2017, 11:37 PM)
seriously! stop playing stocks when you haven't even understand the process. do read up these now

-brokerage fees
-settlement date esp when playing contra
-nominee vs cds account
-corporate exercise
-dividend
-investing vs trading
-long term vs short term

you stand to lose ALL your money like this
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ok ..ok i just try my luck with 1k today..

i will read up on that before my next investment..

maybe today make a bit but tomorrow might lose everything sad.gif
lowyatjoe
post Jul 18 2017, 11:52 PM

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QUOTE(djhenry91 @ Jul 18 2017, 11:42 PM)
not even half year...i can say u will lose all ur capital if blind blind trade if Avangelice just now mention u no read up

i might offense u..but it is a lesson as well..i from broking firm..i see all these..i dah biasa
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none taken brother..

i baru cuba-cuba rite now oso reading up maybank glossary terms...
lowyatjoe
post Aug 20 2017, 12:25 AM

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Junior Member
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How do u guys find info on performing stocks? I usually see maybank top gainers only. Is there any other tools tht can be used or method tht can be employed to find info on performing stocks

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