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 Investing in US stocks, Does anyone know how?

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GHz
post Aug 14 2009, 09:20 AM

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I just register myself zecco & just2trade. So far the application still in the process. Will consider registering sogotrade as well.
GHz
post Aug 26 2009, 11:34 AM

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QUOTE(danmooncake @ Aug 26 2009, 05:29 AM)
C is down slightly, the financial sell off yesterday still a lingering problem.
If this one pullbacks to low $4 or below, BUY it!
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Just get my account at sogotrade approved. I will get it funded today & start trading soon. C in my list too together with GE. Anyone have other recommendation which stock to choose.
GHz
post Aug 26 2009, 12:50 PM

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QUOTE(zamans98 @ Aug 26 2009, 11:43 AM)
FLASH NEWS

Rumors are circulating that a  merger of Nokia Siemens Networks and Alcatel-Lucent (NYSE:ALU) would make a lot of sense.

British online gaming group PartyGaming plc (NASDAQ:PRTY) said on Tuesday it agreed to buy WPT Enterprises Inc. (NYSE:WPTE), known as World Poker Tour, for $12.3 million in cash.
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What is the target price for ALU? Now already at $3.5, the lowest is ~$1 in March.
GHz
post Aug 26 2009, 09:28 PM

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QUOTE(danmooncake @ Aug 26 2009, 09:11 PM)
It depends on your broker. I had no issue with E-Trade and TD Ameritrade.
I just initiate ACH transfer to my sogotrade account. I hope everything will be fine.


Added on August 26, 2009, 9:38 pmC is dropping 2.75% as of now. GE is dropping too. To bad my fund still not credited into my trading acc. Hope it continue to drop. haha

This post has been edited by GHz: Aug 26 2009, 09:38 PM
GHz
post Aug 26 2009, 10:51 PM

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QUOTE(zamans98 @ Aug 26 2009, 10:27 PM)
VONAGE HOLDINGS CORP
(NYSE: VG) , for 2nd day running.. tongue.gif
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jump from 50cent to $2.5 in 2-3 days. shocking.gif

what business does this company do?

Anyone looking at conoco phillips? still not bounce that much yet since march compare with other O&G company


Added on August 26, 2009, 10:56 pm
QUOTE(danmooncake @ Aug 26 2009, 09:49 PM)
Nice.. good to add some more C if it drops further for long.
Yes, sure will buy this one when my fund credited.

This post has been edited by GHz: Aug 26 2009, 10:56 PM
GHz
post Aug 27 2009, 12:10 AM

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QUOTE(zamans98 @ Aug 27 2009, 12:01 AM)
VONAGE HOLDINGS CORP : doing VOiP business, but the run was actually sparks by:

confirmed that demand has been high for its new $24.99 flat rate Vonage Global plan that includes unlimited call to more than 60 countries. The company also confirmed that it plans to enter the mobile application market. Experts comments : With this rate, you are looking at 9 million subscribers over a year quadrupling the growth

From what I have been hearing, new subscriptions have jumped to 25000 a day
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hmm not bad. have you buy any? i little bit scare as the price goes up 5 x in the last 2 days.
GHz
post Aug 27 2009, 12:27 AM

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QUOTE(zamans98 @ Aug 27 2009, 12:25 AM)
nope, I only target few counters, all below $5 for long term growth as well as speculation.

Waiting for my account to be approved, so that I can start trading. KLSE is now a boring place.
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Mind to share which counter that you looking at.

On top of C & GE I also looking at Fredie Mac & Fannie Mae, not sure worth the risk or not.

p/s thanks for signing sogotrade under my referal. smile.gif
GHz
post Aug 27 2009, 06:24 PM

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QUOTE(dreams_achiever @ Aug 27 2009, 05:14 PM)
Wah, you guys aim quite high volatile stocks.
Usually i aim those big company stocks such as BAC, C and trade options related to it.
Thinking to try find some stocks that can reach double or triple its stock price.
How you guys find such stocks? Thanks  smile.gif
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I am the same boat as you. I am looking at GE as well.

Arrgh. My fund still not credited to my trading account but already deducted from my bank account through ACH. Hopefully will credited when office hour start is US.
GHz
post Aug 27 2009, 10:24 PM

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I have not start trade yet, just would like to know what is the minimum no of shares we can buy? we are allow to buy just 1 share right?
GHz
post Aug 27 2009, 10:48 PM

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QUOTE(zamans98 @ Aug 27 2009, 10:30 PM)
yes, you can buy 1 share, but that won't justify the commission you paid.

Say C buy at 4.75+ comm 3.95 = $8.70

Properly, you should get at least 100 share (100x4.75 = 475 or RM1,700) or get 500 shares at one shot
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Great, not buying C for 1 share but maybe GOOG. but my new account come with 100 free trades, so can take advantage of that, by buying minimum no of shares first. Furthermore my initial fund is very little only.

One more thing, if the company give dividend, how did you get the money? check or credited to brokerage account?
GHz
post Aug 28 2009, 04:14 PM

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Anyone here do option trading? Seem interesting.
GHz
post Aug 28 2009, 06:49 PM

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QUOTE(zamans98 @ Aug 28 2009, 06:07 PM)
wahlau, everything up in Pre-Market

DELL, GE, AIG, C

Citi up 22cts to 5.27.

All share everyday up, when are they coming down??
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my fund just credited, i thought to buy today. cry.gif

By the way, how to see pre-market

This post has been edited by GHz: Aug 28 2009, 06:52 PM
GHz
post Aug 28 2009, 07:01 PM

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QUOTE(zamans98 @ Aug 28 2009, 06:57 PM)
depends on your broker. MBTrading can see pre-market.

AIG leading the table +2.36
C +0.24

My account will be okay to trade Thursday/Friday next week sad.gif
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MBTrading so good to have this feature. If I open account without deposit any money, are they allowed that?
GHz
post Aug 29 2009, 01:02 AM

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QUOTE(danmooncake @ Aug 29 2009, 12:02 AM)
I won't recommend Options Trading for newbie. It is very risky and can self-implode or explode.  tongue.gif
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thanks for the advice.
GHz
post Aug 29 2009, 02:17 AM

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QUOTE(ozak @ Aug 29 2009, 01:27 AM)
It been 8days the US market keep going up.
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do you expect correction soon?
GHz
post Aug 31 2009, 11:45 AM

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QUOTE(dreams_achiever @ Aug 31 2009, 11:27 AM)
whoa..so expensive.
Better change to US brokers instead.
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ye lor, so expensive. currently i am using sogotrade, $3 per transaction unlimited shares. But as of now still enjoying 100 free trades given during registration.
GHz
post Aug 31 2009, 02:55 PM

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Wah, so many people interested in SogoTrade. OKlah, I try to answer as much as I can but please bear with me as I only start using it since last week & my first trade was last Friday. So my knowledge & experience with it is minimal. Also this is my first US broker that I use, can't really compare with other broker except it is one of the cheapest. I also register with Just2Trade but feel that SogoTrade is much better.

If anyone have anymore question I am happy to assist. For those who would like to register Sogotrade I appreciate that you could use my referral link at SOGOTRADE. I do not earn money for this but 25 free trades. biggrin.gif

OK this is my answer!

QUOTE(danmooncake @ Aug 31 2009, 11:54 AM)
Are the tools good on SogoTrade?
For example: charts, realtime quotes and research info?
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I believe chart is mediocare only but realtime trading is good. Realtime quotes also relatively good from my point of view but honestly KLSE realtime quotes are much much better. Research info I have no comments as still not exploring it. I read it in internet before, they say the research info is on low side

QUOTE(mikehwy @ Aug 31 2009, 12:50 PM)
Hi,

can you explain more about the Sogotrade, or pm me the link for me to open an account.

also, how liquid is the account.  i mean, when i wish to withdraw some money, how long it takes? is it via TT to my local account?

truly appreciate your early reply.  thanks.
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This is the link
SOGOTRADE

OK, I haven't try to withdraw any money yet so I can't comment how long it takes to withdraw. But this is from their online help.

"If your wire request arrives at SogoTrade before 1 PM EST, it will be sent the same business day. If your request arrives after 1 PM EST, the wire will be sent the following business day."

So it seem quite fast. you make received the fund in 1-2 days by wire transfer.

If you have anymore specific question, you can ask it here. I am happy to answer.

QUOTE(ozak @ Aug 31 2009, 12:52 PM)
What is the 'Broker-Assisted fee ' mean?
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I guess it means that they will charge higher fee if you would like to trade by calling them (not through online platform)

QUOTE(mynewuser @ Aug 31 2009, 01:40 PM)
What u mean 100 free trades? USD 100?? I read somewhere say that sogotrade got many hidden fees. Can you advise us on this?
Regarding MBTrading. It charge US$ 50 for any TT back to malaysia. DO you think this consider very high cost?
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OK, for new account you will receive 100 free trades. Means that you can trade at no fee for 100 times. With $3 fee per trade, this translate to $300 saving. But need to finish it up in 30 days.

I could not see any hidden fee yet as of now. So far so good.

Sogotrade charge $40 per international wire transfer for withdrawal.

This post has been edited by GHz: Aug 31 2009, 02:56 PM
GHz
post Aug 31 2009, 03:55 PM

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QUOTE(mikehwy @ Aug 31 2009, 03:34 PM)
GHz,

many thanks for your effort in explaining .... will try it out tonight, say at 8pm when the market just abt to open?
cheers abd happy trading
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You're welcome. The market open at 9.30pm Malaysian time. But you won't see anything until your account is approved.
GHz
post Aug 31 2009, 05:28 PM

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QUOTE(ozak @ Aug 31 2009, 04:47 PM)
The sogotrade is so much cheaper. Don't no why others so expensive. hmm.gif

I m using optionsxpress. Not cheap also. sad.gif  Here is the all the fee till trading.

Local bank TT to US bank (optionxpress acc) ---> Local bank fee rm10. US bank fee US23
Trading stock --> 9+ no.Shasre  Trades/Quarter1 $9.95(up to 1000)  $0.01 / share(1001+)
                          0-8 no.Shasre  Trades/Quarter $14.95(up to 1000) $0.015 / share (1001+)
                         
                          For selling, maybe same kua? Haven't try out yet.

Withdrawal --> ACH (free)
                      Cheque (US15)
                      TT (Don't no yet. Can't find the fee)
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if you have not deposit any money. why not try open acc with sogo & see if you like it or not.

Actually Interactive broker is cheaper but you need to have min deposit of $10k.
GHz
post Aug 31 2009, 06:17 PM

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QUOTE(mikehwy @ Aug 31 2009, 06:06 PM)
hi,

will try to pen an account at the sogo.  my question remains > is it safe and liquid? does anyone here made any wothdrawal before? i guess i will trade more than the amount stated by you.  my trainer says optionsexpress is safe so far, easy wothdrawal, but charges at usd 14 per transaction.

many thanks.
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can't help you with that. anyway this is what they write.

"SogoTrade is a division of Genesis Securities LLC. Securities products and services are offered by Genesis Securities LLC, member of FINRA, SIPC and ISE"

Look at pre market, C & AIG is -ve. Opportunity to buy?

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