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 Investing in US stocks, Does anyone know how?

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mynewuser
post Oct 14 2009, 10:55 PM

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Sogotrade.
mH3nG
post Oct 14 2009, 10:58 PM

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QUOTE(SLR_kaki @ Oct 14 2009, 10:40 PM)
Can anyone recommended local broker to trade US market?
I recently use CIMBInvest, damn expensive and they convert my stock price and unreasonable commission and currency rate.
what whatever u buy & sell at day, the price u see in the screen is reflecting ccy conversion of that day (USD against MYR).
Totally unreasonable.
*
Sorry mate, if you want a local broker, you'll have to fork out a pretty penny cos the charges aren't cheap unless you're buying in huge quantities then you can probably lower down your break even price. Again, you probably wouldn't need to care much about the prevailing exchange rate unless you're transacting in large quantities or if you're a forex trader. biggrin.gif

If you want lower brokerage fees, you need to look towards discount brokers which are based in the US. Best to check with zamans98 as he has done some pretty extensive 'research' by opening accounts with various brokers. thumbup.gif
If all else fails, there's always Google. tongue.gif
mynewuser
post Oct 14 2009, 10:58 PM

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QUOTE(GHz @ Oct 14 2009, 09:56 PM)
Sell my URE. smile.gif
*
Too fast. Earn peanut la.
danmooncake
post Oct 14 2009, 11:02 PM

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Sold FUQI @ 27.20 during the early session. Just small profit.
Waiting for another reentry at lower price.

Damn FAS getting higher... this is probably going to 100 soon. nod.gif
epalbee3
post Oct 14 2009, 11:05 PM

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Stocks rallied Wednesday morning, with the Dow industrials flirting with the 10,000 level for the first time in a year, following better-than-expected quarterly profit reports from Intel and JPMorgan Chase.

The last time the Dow crossed 10,000 during a trading session was Oct. 7, 2008, when it briefly touched 10,124.03

Will it be safe to buy C now? smile.gif
miuk
post Oct 14 2009, 11:07 PM

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C almost crossing 5 dollars, don't you think a little late to get on the wagon?
mynewuser
post Oct 14 2009, 11:07 PM

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I consider C also. Earning I think good.
epalbee3
post Oct 14 2009, 11:09 PM

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QUOTE(miuk @ Oct 14 2009, 11:07 PM)
C almost crossing 5 dollars, don't you think a little late to get on the wagon?
*
Yeah.. it is..
I bought once at 4.49 and sold it at 4.63.
Should keep it.. then I can earn more.. smile.gif
miuk
post Oct 14 2009, 11:11 PM

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Keeping my fingers crossed, i bought mine at 4.63, have to use it to offset loses at ETFC (bought at 1.72)
danmooncake
post Oct 14 2009, 11:12 PM

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QUOTE(epalbee3 @ Oct 14 2009, 11:09 PM)
Yeah.. it is..
I bought once at 4.49 and sold it at 4.63.
Should keep it.. then I can earn more.. smile.gif
*
Don't worry, it always pullback because of it is still in trading range.
Play the range.. nod.gif


mH3nG
post Oct 14 2009, 11:16 PM

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QUOTE(miuk @ Oct 14 2009, 11:07 PM)
C almost crossing 5 dollars, don't you think a little late to get on the wagon?
*
The key is holding powwaahhh. tongue.gif
6 months down the line, who knows?
It could be worth USD8...
danmooncake
post Oct 14 2009, 11:21 PM

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Look at the Dow now.. biggrin.gif

Inching closer...
GHz
post Oct 14 2009, 11:24 PM

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QUOTE(mynewuser @ Oct 14 2009, 10:58 PM)
Too fast. Earn peanut la.
*
hehe, buy 5.75 sell 5.96. not bad lah. 21cents per share. only hold overnight.
zamans98
post Oct 14 2009, 11:26 PM

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QUOTE(SLR_kaki @ Oct 14 2009, 10:40 PM)
-Please advise good broker

- Cheap Rate
- Fast Interface
- Easy Money Deposit & Return
- Good customer services
- Fast Opening Account

notworthy.gif  hmm.gif
*
1. MBTrading : have all your needs.
2.SOGO seems very popular - slow in account opening
2. Just2trade : still experimenting - so I will save the comments for now


DOG is reaching barking point - 100000
mH3nG
post Oct 14 2009, 11:29 PM

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This will be interesting. I wonder if the pullback might start tomorrow if the dow closes above 10k and tomorrows earnings aren't up to par?

JPMorgan Sets Very High Bar For Financial Peers (JPM, FAS)

This post has been edited by mH3nG: Oct 14 2009, 11:33 PM
epalbee3
post Oct 14 2009, 11:33 PM

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QUOTE(mH3nG @ Oct 14 2009, 11:29 PM)
This will be interesting. I wonder if the pullback might start tomorrow if the dow closes above 10k and tomorrows earnings aren't up to par?
*
Always remember, market is unpredictable.

good news does not mean raising and bad news does not mean falling.. always got exceptions. wink.gif

just don't be the last fools.
miuk
post Oct 15 2009, 12:29 AM

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Bought GE @ 16.79. Hope for good results this friday.
mynewuser
post Oct 15 2009, 06:52 AM

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QUOTE(GHz @ Oct 14 2009, 11:24 PM)
hehe, buy 5.75 sell 5.96. not bad lah. 21cents per share. only hold overnight.
*
I buy around same time with you. (After saw your post). But still holding li.

Also buy LVS yesterday.

The good think about this SOGOTRADE is free 100 trade. I can buy very small unit and accumulate slowly. That the best part as it free in first month.

This post has been edited by mynewuser: Oct 15 2009, 06:54 AM
GHz
post Oct 15 2009, 07:28 AM

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QUOTE(mynewuser @ Oct 15 2009, 06:52 AM)
I buy around same time with you. (After saw your post). But still holding li.

Also buy LVS yesterday.

The good think about this SOGOTRADE is free 100 trade. I can buy very small unit and accumulate slowly. That the best part as it free in first month.
*
Yes, the 100 free trades is really handy especially for the beginner. When I have the free trades last month I even just buy 1 unit for a start. Just to get the feel. tongue.gif
zamans98
post Oct 15 2009, 08:16 AM

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WOOT - URE hit another week high 613.

GHz - my Q of URE didn't materialised at 590 sad.gif

S is heading north as well due to the feel good factor. I'm still holding my C - TP 5.05 - or higher, depends on market feels n condition.

Dumping ETFC for URE or UYG soon.

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