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 Investing in US stocks, Does anyone know how?

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mH3nG
post Oct 6 2009, 11:51 PM

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NEW YORK--(BUSINESS WIRE)--E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced that it will report its third quarter 2009 financial results after the close of the U.S. financial markets on Tuesday, October 27, 2009. The Company will host a conference call to discuss the results beginning at 5:00 p.m. (EDT).
zamans98
post Oct 7 2009, 12:20 AM

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QUOTE(mH3nG @ Oct 6 2009, 11:51 PM)
NEW YORK--(BUSINESS WIRE)--E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced that it will report its third quarter 2009 financial results after the close of the U.S. financial markets on Tuesday, October 27, 2009. The Company will host a conference call to discuss the results beginning at 5:00 p.m. (EDT).
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THanks for the update. SOLD all my ETFC. Small profit, but hey its still profit tongue.gif

SOLD UYG 5.95 x250

danmooncake
post Oct 7 2009, 12:28 AM

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Damn... my off and on crappy internet been difficult for me to day trade. Just playing swing trading now.
Bought some FAS at 70 last Friday, still holding on for now. I'll unload 'em when it is around 85/86 maybe another day or so.

As mentioned on Sept 23rd, this market won't crap out due to Fed going cheap on Dollar.
Go long for now.

Be ready to unload some batch of C at close to 4.9 or 5.0 for swing trade .. biggrin.gif


zamans98
post Oct 7 2009, 12:41 AM

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QUOTE(danmooncake @ Oct 7 2009, 12:28 AM)
Damn... my off and on crappy internet been difficult for me to day trade. Just playing swing trading now.
Bought some FAS at 70 last Friday, still holding on for now. I'll unload 'em when it is around 85/86 maybe another day or so.

As mentioned on Sept 23rd, this market won't crap out due to Fed going cheap on Dollar.
Go long for now.

Be ready to unload some batch of C at close to 4.9 or 5.0 for swing trade ..  biggrin.gif
*
Then if the dollar is "cheap" means the share value automatically not reflecting the real value in other currency -EURO for example.

Means if C now is 5.75, means it is actually 5.50? (simple way to explain?)

I will dump all C now and ready to re-collect.
mH3nG
post Oct 7 2009, 12:45 AM

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Got some ETFC @ 1.74. Lets hope it goes north from here. biggrin.gif
redken
post Oct 7 2009, 01:31 AM

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QUOTE(zamans98 @ Oct 6 2009, 08:39 AM)
When is the LONG holidays in USA? Sorry, but so far I have checked NYSE calender and general US calender, no such "LONG" holiday in OCTOBER. November there are.

Where is your source?

http://www.nyse.com/about/newsevents/1176373643795.html
http://www.rightline.net/calendar/market-holidays.html
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December la dei rclxms.gif
GHz
post Oct 7 2009, 07:36 AM

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URE & C pullbak when I am sleeping. Luckily sold off mine. Now looking after to buy back.
epalbee3
post Oct 7 2009, 07:58 AM

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QUOTE(GHz @ Oct 7 2009, 07:36 AM)
URE & C pullbak when I am sleeping. Luckily sold off mine. Now looking after to buy back.
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yupe..
it pulled back.. that is the dangerous of playing overnight. smile.gif
still some gain.. hope will move to USD5
debbieyss
post Oct 7 2009, 08:32 AM

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QUOTE(danmooncake @ Oct 7 2009, 12:28 AM)
Damn... my off and on crappy internet been difficult for me to day trade. Just playing swing trading now.
Bought some FAS at 70 last Friday, still holding on for now. I'll unload 'em when it is around 85/86 maybe another day or so.

As mentioned on Sept 23rd, this market won't crap out due to Fed going cheap on Dollar.
Go long for now.

Be ready to unload some batch of C at close to 4.9 or 5.0 for swing trade ..  biggrin.gif
*
mooncake, mind to explain further?
Why is it because Fed going cheap on Dollar and that's why the market won't crap out for the moment?
I don't understand...
zamans98
post Oct 7 2009, 09:06 AM

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QUOTE(redken @ Oct 7 2009, 01:31 AM)
December la dei  rclxms.gif
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LOL, that one everyone knows. Next time put properly la (..not quoting next few weeks...), DEC is still 2 months away. Apa la confusing.. doh.gif

QUOTE(GHz @ Oct 7 2009, 07:36 AM)
URE & C pullbak when I am sleeping. Luckily sold off mine. Now looking after to buy back.
*
Mine not sold, URE pullback. Q partial at 585, just touched but not filled. Same with C, Q 4.755, market reached 4.76 but my trade not filled.

UYG sold at 595, day high was 598. tongue.gif
GregPG01
post Oct 7 2009, 09:47 AM

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If I buy stocks in US, how do I hedge against the drop of USD against MYR ar?
GHz
post Oct 7 2009, 09:59 AM

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QUOTE(zamans98 @ Oct 7 2009, 09:06 AM)
LOL, that one everyone knows. Next time put properly la (..not quoting next few weeks...), DEC is still 2 months away. Apa la confusing..  doh.gif
Mine not sold, URE pullback. Q partial at 585, just touched but not filled. Same with C, Q 4.755, market reached 4.76 but my trade not filled.

UYG sold at 595, day high was 598. tongue.gif
*
Ouch, just miss by 1 cent.

QUOTE(GregPG01 @ Oct 7 2009, 09:47 AM)
If I buy stocks in US, how do I hedge against the drop of USD against MYR ar?
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I don't know how to hedge against RM. But you could hedge easily against other currency easily through forex platform for example SGD, Euro or AUD. The advantage is due to its leverage. For example to hedge, USD10,000 you only need USD25 for 400:1 leverage + some additional money to cater for currency fluctuation.


Added on October 7, 2009, 11:40 am
QUOTE(epalbee3 @ Oct 7 2009, 07:58 AM)
yupe..
it pulled back.. that is the dangerous of playing overnight. smile.gif
still some gain.. hope will move to USD5
*
Yes agree dangerous to play short term. What is your buying price?

This post has been edited by GHz: Oct 7 2009, 11:40 AM
7CY
post Oct 7 2009, 01:03 PM

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TD Ameritrade Vs E Trade

Can anyone using the above list down your experiences with them?

Which might be a smarter choice?
mynewuser
post Oct 7 2009, 07:14 PM

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QUOTE(7CY @ Oct 7 2009, 01:03 PM)
TD Ameritrade Vs E Trade

Can anyone using the above list down your experiences with them?

Which might be a smarter choice?
*
Sogotrade rclxms.gif
zamans98
post Oct 7 2009, 07:25 PM

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QUOTE(7CY @ Oct 7 2009, 01:03 PM)
TD Ameritrade Vs E Trade

Can anyone using the above list down your experiences with them?

Which might be a smarter choice?
*
TD for sure. E-Trade is overall still beat SOGO but the commission is expensive. So, I stay away. In fact, I opened E-Trade 3 years back. If I'm not wrong, that time the commission is $19.99/trade

So far I'm happy with MBtrading (mbtrading.com). Also a listed company MBTF.
GHz
post Oct 7 2009, 09:07 PM

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Pre-market (URE, UYG & C) seem to be in red. Not sure its good time to enter again. Any tought?
epalbee3
post Oct 7 2009, 11:15 PM

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QUOTE(GHz @ Oct 7 2009, 09:59 AM)
Ouch, just miss by 1 cent.
I don't know how to hedge against RM. But you could hedge easily against other currency easily through forex platform for example SGD, Euro or AUD. The advantage is due to its leverage. For example to hedge, USD10,000 you only need USD25 for 400:1 leverage + some additional money to cater for currency fluctuation.


Added on October 7, 2009, 11:40 am

Yes agree dangerous to play short term. What is your buying price?
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My buying price is USD4.49, I will wait until 5.02. smile.gif


Added on October 7, 2009, 11:16 pm
QUOTE(mynewuser @ Oct 7 2009, 07:14 PM)
Sogotrade rclxms.gif
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But I heard that sogotrade only allows wire back money, which costs about USD 50. No check will be issued for foreigners..

This post has been edited by epalbee3: Oct 7 2009, 11:16 PM
zamans98
post Oct 7 2009, 11:21 PM

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QUOTE(epalbee3 @ Oct 7 2009, 11:15 PM)
My buying price is USD4.49, I will wait until 5.02. smile.gif


Added on October 7, 2009, 11:16 pm

But I heard that sogotrade only allows wire back money, which costs about USD 50. No check will be issued for foreigners..
*
so, u got it last week during the "crash".. congrats

My average is around 4.60, after adding the comm. smile.gif
miuk
post Oct 7 2009, 11:57 PM

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I'm using Etrade now, com is 12.99 per trade. If you have more than 50k, goes down to 9.99. Wire back fee is 25.
epalbee3
post Oct 7 2009, 11:58 PM

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QUOTE(zamans98 @ Oct 7 2009, 11:21 PM)
so, u got it last week during the "crash".. congrats

My average is around 4.60, after adding the comm. smile.gif
*
yeah.. thanks.
I should buy it when it was 4.30. Miss the boat already.. smile.gif
but today it drops a bit.. I think it will up again..

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