Hey guys, I need information from you to trade KLCI.. I am in the process of applying AmFutures.

Please let me know the followings:

1) How much is the brokerage fee? Can we trade online?
2) Do they charge monthly fee?
3) Where to get the chart?

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Added on April 18, 2010, 10:42 amAccording to this website, Amfutures is free of monthly charges:

http://74.125.153.132/search?q=cache:y5rCU...n&ct=clnk&gl=my

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Added on April 18, 2010, 11:25 amOne more question, let's say you are given RM36 per round trip.

If you trade 2 contracts, will you have to pay double = Rm72 brokerage fee?

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Added on April 18, 2010, 1:12 pmAfter reading for a day.. still cannot find out how to play futures..

Is it mostly based on guessing?

I saw many traders are just guessing..

The only way that is important is to set the stop loss point always..

And of course must have very strong heart.

ANY sifus there is available to give advice? (especially those who becomes rich after trading futures.. )


This post has been edited by epalbee3: Apr 18 2010, 01:12 PM

yes and no.. it depends.. no one know the futures, so it can be up and down.

volumn and price can be controlled by momo, when it seems to go up, it might end up the other direction..

after all, it depends on your judgement..