Hello, is italways that much information we need to provide for cds acct? Spouse's work , ic, company, year of employment and even their net worth?

This post has been edited by lowlowc: Jul 1 2021, 04:27 PM

Pm-ed.

Replied..pls check dm

Hi all - need advice from those that use M+, i plan to invest in Revenue 0200, however, i noticed the stock code is highlighted in purple, any idea what's the meaning? thanks!

Should mean the counter is ACE Market counter

New to Mplus and trading in general. Just realized I gotta put in money first before I start trading. Any tips for a new person going into stock market via M+?

Cash upfront is the basic account. You can apply for collateralized trading account later.

I think cash upfront is good for beginners (and tbh most investors).Low brokerage and less likely to over trade

The trust balance interest rate did reduce right?

Just found out from other investor friend that best to buy RM2000 or above worth of stocks to save from interest and broker charges.

Is it true? If don't have that much cash to spare buying multiple stocks, what is the optimum amount of stocks to buy for Mplus? RM1k above good enough? Some I bought total around RM600-700 for a lot.

Currently buying well known stocks like MYEG, Maybank etc only. For long term investment.

meh, only invest what you're comfortable with and can afford, since you're holding for long term and your cash flow isn't in 5 digits.

RM8 is the minimum brokerage fee for cash upfront (silver) account, need at LEAST RM10k to be charged the actual 0.08% brokerage fee.

Stamp duty is RM1 for every RM1k.

This is one of those times where penny wise might be pound foolish.

Try to play with numbers in this calculator: https://www.ringgitlab.com/brokerage-calculator

decide for yourself whether those few ringgit/sen difference really that important if you're forced to squeeze more than you can afford

Many thanks for your helpful reply. That make sense.

Yah he big shot investor of course la sudah main until millionaire liao.

I just invest for long term can earn some happy already.
Better than putting money in FD. As long choose good stocks.

does anyone when we sell a share, the proceeds that we get from the sales need to deduct 0.5% again and RM 40 when trading limit is recalculated?

bought stocks like MYEG, Maybank.. now all keep red. Hope market will recover soon.

can't comment on MYEG, but for Maybank, don't think you will go wrong with it as the largest company in the country.

if mbb collapsed, the whole country's economy is in a turmoil.

oh and I bought AXREIT also for dividend.

didn't buy much for MYEG. Axreit and Maybank main stocks now. Wanted to add more but I see keep red also pun takut. Yet some ppl say buy low sell high. When stocks are down is the best time to buy good stocks?

After that one off prosperity tax of 33% announcement really shook the markets. Stupid Gov

Bought some crypto but end up a bit of losses also.. now waiting for deposit to go through in Stashaway too, hope there will do better since more to foreign markets.

This post has been edited by Davidtcf: Dec 2 2021, 10:19 AM

apart from the prosperity tax, it is also a worldwide phenomenon and with the emergence of omicron, which shock the markets all around the globe.

As for investment in stashaway, you likely won't see immediate gain and you would most likely to see some negatives before you see gain, but i'd say, ride it out, it's for the long term. I am hoping that it stays down for a little longer so we are able to capture them at a relatively lower price. Yes, if you dun buy when the stocks are down, when? but the problem is, how low is low? how long it's gonna stay down? (considering opportunity cost here too).

so it's now just the malaysian market got affected and good luck.

thanks for sound advice..
yea if wanna buy Msia stocks best wait it out a bit longer. Wait till the sea of red calm down a bit.

True about the omnicron but vaccine companies are able to quickly adapt to it. Then plus now Merck molnupiravir has been approved (covid cure), just a matter when the whole world will receive the drug adequately:
https://www.nytimes.com/2021/11/30/business...l-pill-fda.html

So don't think global stocks will be down for long due to the virus.

Try the luck...semoga dapat.

Hi all.. For M+ they got post Buy Today Sell Tomorrow - BTST stocks daily at Telegram... If wanna try make need to buy how much ya? I calculated broker+tax cost for each buy sell total is around RM20? So means need to make at least 20-30 using this method to breakeven? I checked some past history some recommendations were accurate with earnings of 0.10 cents and above using this method.

So means if buy 1000 stocks = 0.10 x1000 = RM100 minus cost of around 20 for transaction and broker costs = RM80 or so profit a day?

Risk here is the prediction could be wrong and result in lost for the day trade. Any sifu please advise ya as I have not day trade before. 🙏

This post has been edited by Davidtcf: Dec 17 2021, 09:40 PM

Hi all, I am new to stock exchange and Mplus. May I know if this information of buy Q and sell Q, it represents the queue for Mplus customers only or the overall stock (including other non Mplus customers)?