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 Investing in US stocks, Does anyone know how?

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debbieyss
post Sep 14 2009, 09:46 PM

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0.50 tongue.gif
debbieyss
post Sep 14 2009, 09:55 PM

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DJ opened -0.5%

very the red
debbieyss
post Sep 16 2009, 09:02 PM

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danmooncake, everyone is looking for you brows.gif
debbieyss
post Sep 16 2009, 10:41 PM

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QUOTE(zamans98 @ Sep 16 2009, 10:04 PM)
depends, for me, any price is a good price, coz I'm buying in batches, not intra-day trade or short day trade. It meant for long-term. So, slowly accumulate it.

Next week planning to get more C if it breach 4.00
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i know why there're forumers went to http://www.mbtrading.com/ and informed that they have to mailed the original hardcopy to MB Trading. They chose Foreign Classification account type.

Which account type you choose, zaman?

This post has been edited by debbieyss: Sep 16 2009, 10:58 PM
debbieyss
post Sep 16 2009, 11:19 PM

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QUOTE(zamans98 @ Sep 16 2009, 11:16 PM)
SOLD 100 @ 5.99, gained $42 less charges $10 = $32. My 1st trade smile.gif  brows.gif
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congrats!

i stuck in opening an account sweat.gif
debbieyss
post Sep 16 2009, 11:38 PM

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QUOTE(zamans98 @ Sep 16 2009, 11:28 PM)
Its : Foreign Individual Account, complete the supporting documents, and W8

user posted image
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thanks zaman.

I'm now at this step. can you tell me which should i choose?



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debbieyss
post Sep 18 2009, 08:31 AM

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QUOTE(zamans98 @ Sep 17 2009, 11:34 PM)
done, send them the signed copy of the Margin Agreement. As usual, it will take them 3 days to upgrade. So, next week I can go short on some counters.
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Margin Agreement is something for Futures Trading? Or it is for shares trading? What's the purpose to go for Margin Agreement?
debbieyss
post Sep 18 2009, 08:50 AM

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QUOTE(zamans98 @ Sep 18 2009, 08:47 AM)
According to account executives in MBtrading, if you wanna short a counter, your account should be Margin base, not cash base.

This margin thingy is the same like our local broker.

You put cash 5000, you broker give you leverage 1:2 (normally) so you can trade 10,000. Anyway, no harm in getting it. As long you buy within your "cash" and don't go "contra" . Same thing like local market.
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I see...

So means if you put cash 5000, with the margin agreement you can trade 10,000, but make sure the stocks rise and help you earn money so you can allocate another 5000?
debbieyss
post Sep 19 2009, 12:15 AM

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QUOTE(danmooncake @ Sep 19 2009, 12:09 AM)
Bought some ERY@13.60 this morning. Oil looks weakening. I think reversal is coming.
Let see how it goes.  nod.gif
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Reversal coming then you still buying? brows.gif
debbieyss
post Sep 19 2009, 12:55 AM

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something to share:

"Economic Crash in October 2009?" by CEO of Economicclock.com, Enzio von Pfeil


debbieyss
post Sep 23 2009, 10:15 AM

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QUOTE(mynewuser @ Sep 23 2009, 10:06 AM)
Any idea to open US bank account in malaysia?
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Some of the local brokerage firms do offer overseas trading.
You can try to check out Hong Leong E-Broking.
debbieyss
post Sep 23 2009, 11:09 AM

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QUOTE(mynewuser @ Sep 23 2009, 10:19 AM)
Hi, I know that but their broker fee very expensive. So better open online account.
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I think Hong Leong is one of the brokerage firm with cheapest fee offered.

If you are interested, just open an account, you can either trade online or manual.
debbieyss
post Sep 23 2009, 03:09 PM

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QUOTE(mynewuser @ Sep 23 2009, 12:28 PM)
The last I know is HL cannot trade online.
As for the fee. Sogotrade only charge USD3 per trade nia.
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then you can try zaman's brokerage.

This post has been edited by debbieyss: Sep 23 2009, 03:12 PM
debbieyss
post Sep 29 2009, 09:11 AM

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I wonder if US' Futures has more fun that CI futures?
Supposingly today's gonna fly high but it stays stastic and fluctuating between 2 points only. I mean, yesterday DJ shoot up high, there should be no reason for CI to stay stastic.

If want to shoot up high, just shoot; else just drop down fast as it can. Moving like a turtle, hard to trade.....
debbieyss
post Sep 29 2009, 10:43 AM

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So, yesterday's DJ rose about 1.4%, we expect CI Futures does the same today. But the indeces are just fluctuating between 2 points only, and it's moving like a turtle.

I wonder how does US futures work? The speed? Direction sense?

I mean, if CI wants to fly up high, just fly in a fast speed possible; if to fall down, just fall as it likes, in fast speed. Moving in a turtle speed makes us hard to justify if it's going down or up. If we know CI 100% follows DJ, thing will be easier but CI doesn't go align with US sometimes.

Frustrated.
debbieyss
post Oct 2 2009, 10:34 AM

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Bear comes when majority is Bullish.
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
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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...
debbieyss
post Oct 9 2009, 10:31 PM

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How you guys see the profit taking taking over, market is weakening?
From which respect do you judge the market's condition besides its futures status?


Added on October 9, 2009, 10:32 pmAnd how do you guys tell that buying power turns weaker now?

This post has been edited by debbieyss: Oct 9 2009, 10:32 PM
debbieyss
post Oct 9 2009, 10:57 PM

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QUOTE(epalbee3 @ Oct 9 2009, 10:43 PM)
Really could not predict the market.. but I did earn USD 1, quite a good sign for my first US Trade.
Can't lose for the first trade. smile.gif

But one thing for sure is there is not much good news available in near future..
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but how come even there's not much good news, the market is still flying fast?
debbieyss
post Oct 12 2009, 12:56 AM

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zaman, how did you transfer your capital to the brokerage's account? Via local bank?

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