yeah.. using lower brokerage, we can lock in profit faster.
So, sogotrade is my choice now. just2trade is even cheaper (USD 2.5), but there will be no margin, and no option. Sogo got options.
Investing in US stocks, Does anyone know how?
Investing in US stocks, Does anyone know how?
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Oct 12 2009, 12:11 AM
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#81
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yeah.. using lower brokerage, we can lock in profit faster.
So, sogotrade is my choice now. just2trade is even cheaper (USD 2.5), but there will be no margin, and no option. Sogo got options. |
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Oct 12 2009, 12:26 AM
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#82
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1,345 posts Joined: Sep 2009 |
QUOTE(ozak @ Oct 12 2009, 12:16 AM) Perhaps you are transfering to Singapore?Below is the list I got from Maybank: You are using OptionExpress? I got an account but they charge a lot.. Is it good? From Peninsular Malaysia ================= * Between towns where the cost of wire for a minimum 2-minute call is 8 sen Free * Between nearby towns e.g. between FT and Negri Sembilan/ Selangor RM1.60 * Between towns other than the above RM3.20/as per telephone directory East Malaysia RM6 Singapore RM10 Brunei RM25 Other countries or TT covers via Singapore (excluding Foreign Worker's Telegraphic Transfer (FWTT)) RM25 |
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Oct 12 2009, 07:50 AM
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#83
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QUOTE(ozak @ Oct 12 2009, 01:03 AM) Yes, I using online to TT. Here is the success transaction I copy a portion from pdf that I keep. Then is a good news for us, if RM 10 is still true.Transaction details Status: Accepted IMT reference no.: MTUT2708SJY003 Reference number: 1333843537 Transaction date: 27 Aug 2009 Transaction time: 16:39:25 Foreign currency: USD2,030.00 Amount (RM): RM7,249.13 Charge: RM10.00 New balance: ------------ Country: UNITED STATES Currency USD Rate: USD 1= MYR3.5710 |
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Oct 12 2009, 08:03 AM
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#84
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1,345 posts Joined: Sep 2009 |
QUOTE(zamans98 @ Oct 12 2009, 12:51 AM) Just opened account with Just2Trade. The process is fast, just like SOGO. Zaman, people keep looking for lower brokerage fee. Hope your J2T experience is good, then we can open one too, to save more.Sogo sucks, been 7 working days, still saying account under processing. MB was fast. Zecco also fast. Think or Swim also fast but Zecco n THink - I didnt follow up with them. High price. Just2Trade platform looks nice, quite the same with MBTrading but JavaBased. means I can trade via Browser. Yay. Will update you all my experience with J2T. P/S Ozak - I wired international using Maybeng few times, it is still RM25 plus some other charges. Transaction over the counter. Yours should be online? As long as we can trade reasonably, money won't lost, then should be fine. This is what I found from firstrade: (US$2.5) What is the minimum balance for a Just2Trade account? A minimum $2,500 in total account equity must be maintained in your Just2Trade account. I think no chat system available. Do you need to mail the W8-BEN form? Added on October 12, 2009, 8:04 am QUOTE(epalbee3 @ Oct 12 2009, 08:03 AM) Zaman, people keep looking for lower brokerage fee. Hope your J2T experience is good, then we can open one too, to save more. This post has been edited by epalbee3: Oct 12 2009, 08:04 AMAs long as we can trade reasonably, money won't lost, then should be fine. This is what I found from » Click to show Spoiler - click again to hide... « just2trade (US$2.5)What is the minimum balance for a Just2Trade account? A minimum $2,500 in total account equity must be maintained in your Just2Trade account. I think no chat system available. Do you need to mail the W8-BEN form? |
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Oct 12 2009, 07:09 PM
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#85
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Sogotrade should be able to accept scanned copy, from what I chatted with them.
If Just2trade allows check withdrawal, it saves more than Sogo, which only allows US$50 outgoing wire for foreigners. But don't forget, Sogotrade offers first month free (100 trades), this will beat just2trade in short term. |
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Oct 14 2009, 11:05 PM
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#86
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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? |
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Oct 14 2009, 11:09 PM
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#87
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1,345 posts Joined: Sep 2009 |
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Oct 14 2009, 11:33 PM
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#88
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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. just don't be the last fools. |
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Oct 15 2009, 09:33 PM
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#89
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run now!
today market starts to crash.. |
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Oct 15 2009, 09:43 PM
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#90
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1,345 posts Joined: Sep 2009 |
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Oct 15 2009, 11:09 PM
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#91
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C is dropping sharply.. no chance to go up to USD 5 again.
So you can try to buy below USD 4 |
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Oct 16 2009, 08:55 PM
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#92
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QUOTE(zamans98 @ Oct 16 2009, 06:00 PM) WARNING Have you banked in at least USD2500?Just2trade sucks big time. FAKE claim on : - Streaming Quotes > None - Level II Quotes > None - J2trader as claim on the website, ie JavaBased - none > J2trader As what being claimed on website. FeaturesAll-in-one tool with streaming Level 1, Level 2, and Time/Sales data as well as Order Entry – Watch your portfolio in real-time and place trades all from the same page Create up to 5 watch lists with 15 symbols in each list Level 1 streaming data includes inside Bid/Ask quotes, day’s % change, day’s $ change, day’s high/low, previous close, day’s volume, and tick trend Level 2 streaming data includes more in depth bid/ask and size levels for each market participant Time/Sales streaming data includes the last price, size, and execution time Adjustable columns within the streaming data screens allow for customization Final WORD: Stay Away - unless you don't care, just punch in buy/sell, and wait the best. ECN my DI*K. Super faker. I'm also not sure if the execution is good even. Worst ever platform I ever seen, EVER. Feels like I'm in pre-2000 internet interface. Interface : 1/5 Customer Support : 1/5 Account Activities (opening/transfer): 3/5 Tools/Research : 1/5 (using 3rd party) Protection : FINRA / SIPC Final Rating : 1/5 This is the minimum to open an account. I think at this point, we all can make a conclusion that Sogotrade is the best! at least it gives you a month free trade. If I want to play, I will use Sogo.. All the time.. Added on October 16, 2009, 9:02 pmBelieve me.. C will drop until < RM4. This post has been edited by epalbee3: Oct 16 2009, 09:02 PM |
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Oct 16 2009, 11:15 PM
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#93
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1,345 posts Joined: Sep 2009 |
QUOTE(zamans98 @ Oct 16 2009, 09:57 PM) Of course I already put in cash. Please revert to my posting. Rumours were overcome by bad news.I think you all better stick with SOGO rather than J2trade ... sux What is your basis for CITI to go under 4? losses are still losses.. people can't expect C to go USD 8, so they will throw it instead of waiting another half year.. I think C will have at least another one week down. Even BAC has losses. US economy is not good. |
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Oct 17 2009, 07:50 AM
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#94
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QUOTE(zamans98 @ Oct 17 2009, 01:46 AM) That the general understanding. USD is still weak, hence we will see more upside of DJIA for this short term. 10K breached again. just use back sogotrade.. got one month free now. GE recovered from 15.85 (heck, my Q wasn't fill at that price. what a shitty J2trader). Today's post x300 URE 5.69 x500 S 3.45 x 400 C 4.63 MB x300 URE 5.80 x300 UYG 6.20 you managed to buy URE at 5.69? good.. |
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Oct 18 2009, 11:00 PM
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#95
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These few days I tried to study on FOREX trading, which I discovered that is a lot risky than stock trading. At first I thought it is a fast-earning way, where as later I found out that the forex broker is usually at the other side of investors. That means they usually play against the investor.
Just like casino. What do you think about stock? For stock, we still can make analysis and trade rite? When the price down, we still have time to wait right? That's y, I am happy that our government has blocked short selling for stock. If not, the broker will play against us.. Added on October 18, 2009, 11:02 pmPlaying on margin is something like gamble; if you play with cash, as long as you choose a stock that will not bankrupt, you still have chance to recover, may be a few years later. But using margin, you may lose everything. This post has been edited by epalbee3: Oct 18 2009, 11:02 PM |
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Oct 18 2009, 11:24 PM
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#96
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1,345 posts Joined: Sep 2009 |
QUOTE(rosdi1 @ Oct 18 2009, 11:12 PM) Yes I think forex brokers are not even regulated. yupe.. it is not a fair trading platform, somemore the broker might play the opposite bet against you.We had even tried to put the quote screens of the same currencies pairs from 2 different brokers side by side. Guess what they are not the same...... If you are day trading on Forex the chance that you will lose money are very high. But for a longer term trading I think it should be ok as at some point the rate had to be synchronize. That's why many people loss, just like casino. For share trading, if you sell, you have to deliver the share.. Added on October 18, 2009, 11:29 pmHere I have a question: I checked the bank forex rate, the spread is a lot, like 5-10 cents. Where as in Forex trading, spread is within +- 0.0003 cents. Is it possible to use forex trading to save cost for wiring to US Stock broking account? we can save a lot! This post has been edited by epalbee3: Oct 18 2009, 11:29 PM |
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Oct 20 2009, 11:41 PM
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#97
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it is at the middle of W now..
one day it will back to the valley.. |
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Oct 22 2009, 12:39 AM
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#98
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I din get my MBL IPO voting.. They returned my money to me.
So I will wire my money to Sogotrade tomorrow. I won't use firstrade anymore. Sifus, any good tip to sure win? Buy swing at dip? |
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Oct 24 2009, 01:12 PM
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#99
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I just wired my fund to Sogotrade and am entitled for 100 free trades for a month.
I use maybank, they charged me RM 10. Sogotrade side charged me USD21. So plus conversion loss, I already lost about RM100. Sogotrade only allows wire back at USD50/per wire. The incoming will charge back RM10 plus conversion rate again. Ok. I have lost RM300 plus plus if I withdraw now.. Foreign trading so expensive.. But they gave me 100 free trades, then may be I can say these one month brokerage worth RM300++. I will give a try. see how long I need to earn back RM300. |
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Oct 24 2009, 10:05 PM
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#100
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QUOTE(mynewuser @ Oct 24 2009, 04:30 PM) I think the resistant level for C has dropped to 4.50.The share is trying to break the resistant level these two weeks. If it fail, it will probably drop to next support level, may be at 3.90. |
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