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 Investing in US stocks, Does anyone know how?

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honglun
post Sep 1 2009, 03:52 PM

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QUOTE(eslife @ Sep 1 2009, 03:27 PM)
Everyone is talking "monitoring" , "watching" ... When is the best time to trade in USA stock?
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Perhaps now. As everyone is in the sideline, you risk a longer lock-in period or an early entry. brows.gif
honglun
post Sep 2 2009, 12:10 AM

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QUOTE(zamans98 @ Sep 1 2009, 11:45 PM)
$20 for this short-term. Remember AIG stock split 1:20 last few months.
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20$. Is it really possible for it to get that low? On what basis are you saying that? Do you mind sharing as it would enlighten us more. rclxms.gif
honglun
post Sep 3 2009, 12:02 AM

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QUOTE(zamans98 @ Sep 2 2009, 11:44 PM)
nothing, just pure money making machine. very volatile. Dare to enter?
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What's happening to AIG? Why is it up? Damn. I just short it before it went up. cry.gif
honglun
post Sep 3 2009, 09:29 AM

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QUOTE(GHz @ Sep 3 2009, 07:59 AM)
"AIG increased 5.1% to $37.83 after China Strategic Holdings Ltd is interested in acquiring 60% stake in Taiwan based Nan Shang Life Insurance Co controlled by AIG. China Strategic filed with the Hong Kong Stock Exchange to raise HK$7.6 billion to pay for the stake. "

& for vonage investor

"Vonage Holdings Corp surged 29.3% or 42 cents to $1.85 after the Internet phone telecom carrier said that Apple Inc approved its mobile application for iPhone and iPod devices. The availability date of the application has not been released. Recently Vonage also released world unlimited calling plan that includes 60 countries for $24.99 a month."
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GHz,
where did you get your news or info from? I'm always clueless about stock price movement. vmad.gif
honglun
post Sep 4 2009, 12:18 AM

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QUOTE(danmooncake @ Sep 3 2009, 11:54 PM)
Bought some FAZ..@ 26

Swimming with sharks again... tongue.gif
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Good luck. I swam with it the last time and it bit me.
honglun
post Sep 4 2009, 09:24 AM

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QUOTE(danmooncake @ Sep 4 2009, 03:59 AM)
Got out at 26.50!  Phew!  Managed to get back on the boat safely! sweat.gif
The sharks are looking eerie.    nod.gif
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Are you doing daytrading? I thought the minimum requirement to do daytrading would be having 25,000$ in account(as per SEC regulatory). So you have more than 25,000 in your account?
honglun
post Sep 4 2009, 12:24 PM

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QUOTE(danmooncake @ Sep 4 2009, 12:15 PM)
Actually, there is. The FINRA rules apply across the board regardless of broker.

The pattern day trader rules kick in when you buy and sell same security within
same day between 3-4 times in 5 business a day. Yes, one must maintain at last 25K
on any day as min. equities (that includes all your equities/cash).

Only if you get flagged then you are considered as one. If you didn't get flagged, then don't worry about it.

Yours truly has been flagged as pattern day trader.  nod.gif  No big deal.  biggrin.gif
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What happens when u get flagged?
honglun
post Sep 4 2009, 02:14 PM

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QUOTE(danmooncake @ Sep 4 2009, 12:31 PM)
Nothing.. it just that if you're pattern day trader, you must meet the Finra rules.
Must have 25K in your account to continue to do day trading. Otherwise cannot do day trading.
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So you have 25k or more in your account?
honglun
post Sep 4 2009, 09:10 PM

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QUOTE(mH3nG @ Sep 4 2009, 09:05 PM)
What do you think?  brows.gif
Yeah but they're not that 'crispy' today though.
Maybe they ran outta cooking oil today...
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Lol. Lucky chap you are!
honglun
post Sep 8 2009, 01:57 PM

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QUOTE(danmooncake @ Sep 8 2009, 10:53 AM)
I'm eyeing C tonight. It may move to $5 again if we get a pop in the morning trading.  biggrin.gif
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Hope so! rclxms.gif Went in at 4.5 bringing my avg cost to 4.24.
honglun
post Nov 12 2009, 11:34 PM

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QUOTE(danmooncake @ Nov 12 2009, 11:31 PM)
Stop out: 42.28.

Quickie..  tongue.gif
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42.28 stop out? Why ur stop out is higher than your enter(41.80)? I thought stop outs work with lower price to protect ur losses?
honglun
post Nov 19 2009, 10:39 PM

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Short LVS at 17.33
Huat ar! rclxms.gif
honglun
post Nov 19 2009, 11:07 PM

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QUOTE(zamans98 @ Nov 19 2009, 11:03 PM)
fren, FA says BUY on DIPS, coz cheap dollar.

For quite some times, today it make sense, BAD DATA = dumping, plus tomolo flyday..
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May I know what's FA and momo (money managers?)? Been reading this thread for long and still can't figure it out
honglun
post Nov 23 2009, 09:50 PM

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QUOTE(danmooncake @ Nov 23 2009, 09:48 PM)
Dunno about others, but I'm enjoying this roller coaster ride.

So as long as stocks move, I'm making money.  biggrin.gif
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Dan,
What positions u have currently? I think money's in financials today.
honglun
post Nov 23 2009, 11:21 PM

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QUOTE(epalbee3 @ Nov 23 2009, 11:19 PM)
bought 43 shares of MGM at 7.00
bought 5 shares of LVS at 16.24

small play.. waiting to recover.
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How did u manage to get MGM at 7$?
honglun
post Nov 23 2009, 11:24 PM

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QUOTE(epalbee3 @ Nov 23 2009, 11:22 PM)
it is 11.00.. mistype.

still waiting to recover..
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Same entry here. Let's hope for the best

honglun
post Dec 1 2009, 12:41 AM

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Do you guys know how does the margin work in US brokerage? I'm using speedtrader now and recently received a fed call. cry.gif It seems if I get 2 strikes, my account will be suspended for 90 days. I have a few questions:

a) How do they calculate the margin maintenance?
b) How do I prevent a strike if stocks plunge in value other than by wiring in more money? My broker says if I sold some of my position I'm liable for a strike. I'm very confused now. If I sell my position to retain the margin maintenance, I thought it will prevent a strike?

If anyone can answer, I'd be most thankful!

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