notice most of the post here are about faq on opening trading ac, its cost & how to transfer the funds?
well, i wonder what is the next step after that?

coz, they may scrimp on books, other educational websites & trading courses - which imo, is a prerequisite to enter this trading field
at the end, it may cost them a huge tiution fees by going it alone "gung ho" style & reinventing the wheel
provided they dun get burn charcoal black by the market or forever stuck in virtual trade

imho, trading is a journey where, one will find his/ her own trading style after going thru the trial & error + understanding oneself
one thing i learnt after many years is this : “Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.” –Jesse Livermore

also never trust tips, alwiz do ur analysis. below is an interesting chart which most of us will be familiar with, a battle between greed & fear
one of the books recommended for reading is nicolas darvas (as i'm not a fan of buffet)... jmo, happy trading & m'sia boleh!

thanks, a bigger chart? i cant see it

sucks, still - but what to do, simple screen also will do, not like I'm doing day trading, just buy, then hold or close when the time's is right.

They informed that the Java Platform will be available for me.

yesterday's trade.

URE x300 @580, sold @584. , Trailing Stop not activated.. and it was fast. Anyway, no losses, just sponsor MBtrading with the fees.

right click on the image. save to ur pc, from there, u can open or enlarge for viewing

imo but beware, here is a stock for swing trading, as earnings due 22/10/09.
alwiz set ur target profit & loss in advance, as if stock dun move rite, we dun wan to hold the bag & be an involuntary long term investor, also move ur trailing stop if it goes up. coz we either win some or we lose most

eg. a quick case study in options vs stock % movement. taking strike price of $5 & expiry on 19/3/10. of coz, we can take other expiry date & price too. whichever suit ur style



if we think its going up
buy stock 100*5.44=544
or buy call option QQPCA.X 100*1.4=140

but if we think its going down
sell stock 100*5.44=544
or buy put option QQPOA.X 100*1=100

http://finance.yahoo.com/q/os?s=SPAR&m=2010-03-19

well if u own 100 of the stock, u can write a cover call, collect premium & the money wil be in ur ac, provided u gamble & stock move in ur direction. otherwise ur 100 stock would be sold & u collect balance of the proceeds. if u gamble rite, then u get to keep ur 100 stock & the premium collected from cover call... dream on

if we think its going down
sell call option QQPCA.X 100*.85=85
coz if we sell a put option & it really moves down, our stock wil be sold

if we think its going up
sell put option QQPOA.X 100*.7=70
coz if we sell a call option & it really moves up, our stock wil be sold

taking a gamble, i think spar may move up, so i use scenario buy stock/ buy call options/ sell put options
as it has been beating earnings estimates, otherwise its arang batu time - jmo

http://www.reuters.com/finance/stocks/esti...s?symbol=SPAR.O

i have to agree with most of the post here which suggest invest in etf for the long run
it is good for diversification via country & sectors (can read up in morningstar)
suggest remain dividend there & let it reinvest to purchase more etf stocks

http://news.morningstar.com/etf/Lists/ETFReturns.html

heck, u can even go for ewm, which is m'sia
options is allowed & voila u can buy or short the klse in us via options too
instead of taking a big risk via futures trading in m'sia
do read up on money management skills (ie. risk reward ratio)



imo, aig can be kept long term for cucu as target sell is $500 (50ma acting as support & is above 200ma)
provided it break above $150, btw looking at volume, maybe got chance
along the way, there will be an overhead supply hurdle around $150
as whoever got stuck buying around that level will be crying & hoping that can sell
later one wil learn, hope does not exist in the market, the tiution fee wil imprint this lesson & experience on u
can ur interest in trading & capital outlast the stock market tiution master?
company may make money & beat earnings, yet stock still tidur, y?
company no make money, but stock go up, y?
ur teknikal, fundamental & personal analysis says the stock is right to buy or short, yet it tidur or do other things, y?
opinions dun matters, what the stock does - matters!
hmm... seek & u will find in this exciting trading journey

http://ichart.finance.yahoo.com/z?s=AIG&t=...p=m50,m200,v&a=



imo, c is also showing positive same sign as aig, means good for our cucu
c target profit is $20, but got an overhead supply hurdle to clear around $8 first
looking at the doji, it may clear above $5 & move up
who knows, it may even pullback & shake out a few weak holders
its very unpredictable, all we can do is gamble on its movement
anyway, trading is 50% skill & 50% luck - jmo

http://ichart.finance.yahoo.com/z?s=C&t=2y...p=m50,m200,v&a=



oh well, along the way, as wat the other posters say, we can range trade it
stock price movement is all about supply & demand (+ sector rotation by the momo)

sulifeisgreat, you are good ! Really appreciate your input here. So far we only have DMCake, Rosdi and you, joining us here.

AAPL is really power. Up 8%. nice.
10 units can earned you 130USD easily. but its little too late

aiyah... dun say like tat "If I have seen further it is only by standing on the shoulders of giants - Sir Isaac Newton"

i also went thru the same process as u all & it was others who assist me way much earlier & guide the way for me.
so, i just doing my part in this trading field. well, hope the newbies can set up their ac & do the rough job soon. as they hav a long learning curve way to go. tat is if they r still interested...

appreciate tat we try to exchange knowledge here & u all assisting the newbies on starting up & taking their baby steps in trading. any ideas how to make tis thread alive? or wat r we even doing on tis thread? constructive criticism is much appreciated if possible haha, coz i can be wrong too

hmm do u guys try set up a list of stocks to trade on a fortnight basis? or maybe track which industry is performing? or wat stock performing in that group? who knows, maybe can attract some newbies instead of onli 4 of us communicating with each other. or maybe the newbies can ask us about their stock selection, what to read, which courses is better, method use & etc. we alwiz learn sumting new everyday, no matter how silly or sophisticated the query is

http://www.reuters.com/finance/industries/allIndustries

eg. like one of the post on options calendar spread, maybe the poster can elaborate further, so we can learn more & share his/ her experience on options & futures trading

coz if tis thread is dead, no point the 4 of us continue this for fun so i'll monitor it awhile, if thread smells dead, looks dead, feels dead, then it is dead

aapl, will never know got pullback or wil breakout further. follow the money...

This thread starting to be alive once I kicked in
I believe most are still active over KLSE thread.

The best for newbie is to post questions here, and based on my knowledge, will try to assist quickly.

Every trader have different style. Since the market is still not bullish, as underlying indicator still remains weak, the trading style should be day or short term, that is for me only lah.

FEAR is the first thing come to mind of newbies. Many still worries about puny stuffs such as exchange rate, downhill USD bla bla bla, but failed to see the overall picture.

You can buy 1 share to start with, but must be for share over USD100, else you will lose on commission.

Example : AAPL LONG 188.80 x 10 = USD1880.8+3 = $191.8 or RM6499.11
AAPL LONG 188.80 x 5 = USD944+3 = $191.8 or RM3,256.80

Since AAPL is for LONG TERM basis, buy and hold. Sell when it appreciate by 10%.

Else, go for ETF, which will covers many titan stock as their underlying.

My favourite are URE for Properties and UYG for Finance.

sulifeisgreat, can you write a simple tutorial on OPTION trade? I'm very interested but so far haven't actually tried.

zamans98, no prob on tat. but izit ok, if we use live data to learn instead
teori reminds me of school days, sure tidur wan - live data, lagi shiok sendiri
refer spar, by friday, we should be able to construct wat went right or wrong from there (provided stock tak tidur)
or else when lvs report earnings

or do u have any other share in mind, u wan to perform a simple tutorial for option, we can dissect it

ure & uyg looks good for super long term

well, market is actually in an uptrend for quite awhile now, so we wun kacau the klse gang
& have been waiting so long for a correction which never comes
so, if u can't beat them, join em!

This thread is very much alive. And better than last time. Thanks to sifu here contribute. Even thru I didn't post much, but I read it everyday to learn from sifu here. ( I still pening with the graph and the language sifu talking here) And I did learn alot from here how to open acc, TT money and till trade.

I m still very new and didn't have much knowledge on stock. But because of this thread, I brave myself into US market and invest.

congrats on taking the step...
haha, jus curious, which part of graph & language sounds or look confusing?
well, can i ask which 1 or 2 stock u invested in. then i try assist to put chart & alien language inside & try make u feel comfortable. no need shy, we all here to learn & exchange info

I know, LIVE data is much shiok and thrilling.

LVS? Dropped a lot yesterday.


So, I may target LVS this week. Missed on MOT (Motorola). Shiat, up so much.. Same goes with AAPL. The reason not entering cos the recent good run was spoilt during C and GOLDman Sach announcement. GoLDman profit cantek, but down the drain.!

LONG term : URE/UYG but will take profit and re-enter once in a while.

will this help in simple options introduction?
http://en.wikipedia.org/wiki/Option_%28finance%29
http://www.option-trading-guide.com/options_guide.html

imo, basically options is :
1 option contract give u the right to control 100 stock whithin a certain timeframe
u take a gamble on where stock may move
if it move there, u win
if it tidur or gostan, u kena bakar

straddle is where u have no idea stock moves. take kiasu method, buy call & put at same time
depends if call move more than put, u win
if not, u lose again

i'm not familiar with the advance areas on spreads & etc. as some use it for hedging risk too

the open interest which u see are where the other option holders are hoping stock will move
so, try find active options, or else if quiet, then boring

does it help?

My cost price for LVS was 10.18, don't know whether I should hold and wait wait wait or let go. See it drop from 20 bucks to current levels. Or wait for their Macau IPO first...

This post has been edited by GregPG01: Oct 20 2009, 03:21 PM

how many kilos you hold? The strategy will greatly depends on it.

Say you have 100 LVS, means about USD1100, then set target to $50, right? If it rolls back to $10, double-up.

Or you can use Trailing Stop.

refer post#1426
r u familiar with support & resistance level?
then ur 10.18 would be a support level
target profit 30-35 , as it is where the overhead supply is located, a resistance level
imo it would range trade 12-24
since u r sitting in a very comfortable position, u can sit thru the volatility
unless they miss the earnings, then it would drop

Most probably will hold and let this counter run. I am using CIMB, so the charges is very high for me.

yup, it also depends on ur objective, if u targetted $20 pft
u could have sold it & then look for new stock

well, can enquire wat was ur initial target profit or cut loss level?
coz lvs now consider tidur status
for me ur initial $20 profit, i would have sold alredi & go hunting for new one

but r u a long term or short term player?
wat r u comfortable with?
r u risk averse or willing take risk?
u like buffet or darvas method?
imo blind method is quite risky

i started off thinking i like to take risk, but as time goes by, i found actually my method is more risk averse type
think & do are 2 diiferent things

I think Greg, you need to throw LVS after the earning report, Anyway, you're holding a profitable position.

Apple and most tech stocks won't disappoint this 3rd quarter. I have no position in Apple at this time but will consider to buy a little on pullback on long. Price target for Apple (1 year) will be around $250.

Iphone -> continues to make money for Apple for years to come.