dammit no pullback... just stall for 2 days and pump again...

next Friday some economic reports are coming up... I'll wait for it then ba...lol

I wish to ask which platform can buy SP500 index up or down? cheap admin fee

how much you want to put it?

why asked for how much?

Ain't that crazy...

Coz fee are different based on your capital.

to match "right" type of broker

just small amount only and pick the minimum brokerage fee

Crazy 1990. 1997 I am only ah boy

dotcom bubble. post financial crisis

also...even at 50+ y.o. we are forever ah boy in our parents eyes...

This post has been edited by dwRK: Dec 28 2019, 06:03 PM

small amount then go with forex brokers micro account play index cfd...

explore new instruments called micro e-mini futures in US. Launched since May 2019 and is very popular now.....IBKR offers just 0.47c per contract vs Malaysia brokers charging USD4.
Check out more at:
https://www.cmegroup.com/trading/equity-ind...ni-futures.html

please don't mislead...that is just a small part of total fee

also there is a $10 per month fee if you are inactive or cant cover by >$10 commissions going with ibkr

micro emini fee is also not cost effective imho

This post has been edited by dwRK: Dec 29 2019, 10:12 AM

Here is a proper comparison of Interactive Brokers Lite vs IBKR Pro is you want to save fees. IBKR Lite does not have maintenance fee which came out recently. I'm here not to mislead but to help the little guy not to be ripped off by exorbitant local broker fees. all the best !

Interactive Brokers Lite vs IBKR Pro:
https://www.interactivebrokers.com/en/index.php?f=45500

lite is for USA and India only...we don't qualify

anyways...99.99% ppl here already signed up with Tradestation Global, a whitelabel of ibkr

edit: also I apologize saying you're misleading...maybe too harsh now that I realize you're just starting out and just sharing what you found but don't have all the fine prints/details. there's a ibkr thread in the stock market subthread if you wanna check out

This post has been edited by dwRK: Dec 29 2019, 12:17 PM

hello dear sp500 investors and punters

2019 will soon become history. Stellar performance by the USA, every sp500 investors must be laughing all the way to the bank hehe

to gear up for cny 2020 mood, TS has a sponsored online survey targetting index / passive investors in Malaysia. First round 50 pax max, with cute subsidized voucher for your favorite lunch ya.

Will notify again once things are ready.

one more bad report on Friday...a few more weeks of pullback...

btw I estimated 1 micro emini futures contract will hedge about $10k worth of sxr8...

Happy New Year everyone !!!

hi hi, can explain further how to compute this?
Im thinking to hoot sxr8 with tradestation global...
based on the fee structure i got from trade station global is min eur 1.75, max 0.12%.

assuming sxr8 price now is eur 288, and i hoot 6 units
commission fee is EUR 288 x 6 x 0.12%= EUR 2, is it compute this way?

why u so panlai

yes, drive the commission cost as low as possible for maximum saving. However, you can also split them if you are okay with paying 0.2% 0.3% commission (i'm not ok)

semua mali ong 2020 huat ar~