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 Q&A, General question on stock market

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shoduken
post Jun 12 2008, 06:12 PM

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STOCK CODE NAME REF HIGH LOW LAST CHANGE VOLUME

3182 GENTING 5.450 5.500 5.350 5.400 -0.050 93862

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Hope all sifu here can teach me while adding some informative thing into this thread for future "search" references :-)


1) What the meaning of REF represent by 5.450? Is it the current price at that time?

2) High and Low means the share for today most high and low price?

3) Last and Change means?

4) Volume represent the current amount of people buying the shares?


Cheers :-)


skiddtrader
post Jun 12 2008, 06:50 PM

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QUOTE(shoduken @ Jun 12 2008, 06:12 PM)
-----------------------------------------------------------------------------------------------------------

STOCK CODE  NAME      REF  HIGH      LOW  LAST    CHANGE  VOLUME

3182                GENTING  5.450      5.500  5.350      5.400  -0.050          93862

-----------------------------------------------------------------------------------------------------------

Hope all sifu here can teach me while adding some informative thing into this thread for future "search" references :-)
1) What the meaning of REF represent by 5.450? Is it the current price at that time?

2) High and Low means the share for today most high and low price?

3) Last and Change means?

4) Volume represent the current amount of people buying the shares?
Cheers :-)
*
1) REF is reference price or the closing price of the counter in the last trading day.

2) Yes, HIGH is the highest price for the share for that day and LOW is the opposite.

3) LAST is the last done price at the current moment. And CHANGE is the difference between the last done price at the reference price.

4) VOLUME represents the amount of LOTs already traded for the day. All counters start at VOLUME of 0 and as more people buy and sell, it goes up.

This post has been edited by skiddtrader: Jun 12 2008, 06:50 PM
georgechang79
post Jun 13 2008, 08:40 AM

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QUOTE(YuNGSeNG @ Jun 12 2008, 10:52 AM)
I'm beginner and trading using OSK188 , everytimes after I buy share , after few day , the bank remiser will ask me want "pick up" the share or not .

May i know what is the meaning of "pick up" ? What different between "pick up" and no "pick up" ?

Thank you
*
I think what you mean by pick up is buying right??
skiddtrader
post Jun 13 2008, 06:41 PM

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QUOTE(YuNGSeNG @ Jun 12 2008, 10:52 AM)
I'm beginner and trading using OSK188 , everytimes after I buy share , after few day , the bank remiser will ask me want "pick up" the share or not .

May i know what is the meaning of "pick up" ? What different between "pick up" and no "pick up" ?

Thank you
*
I experience this as well when I first started using OSK. Normally the brokers will ask you to pick up meaning to actually pay for the share. Because if you intend to sell it before T + 3, they won't pick it up and they will ask you for a sell price to be queued. If you intend to pick it up or buy it and hold it beyond T + 3, you can tell them upfront to pick it up when the transaction is done. This means they won't ask you about it before T + 3 as they know you already intent to pick it up and will settle the amount using your trust account or whatever ways you use to pay them.







YuNGSeNG
post Jun 15 2008, 10:04 PM

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QUOTE(skiddtrader @ Jun 13 2008, 06:41 PM)
I experience this as well when I first started using OSK. Normally the brokers will ask you to pick up meaning to actually pay for the share. Because if you intend to sell it before T + 3, they won't pick it up and they will ask you for a sell price to be queued. If you intend to pick it up or buy it and hold it beyond T  + 3, you can tell them upfront to pick it up when the transaction is done. This means they won't ask you about it before T + 3 as they know you already intent to pick it up and will settle the amount using your trust account or whatever ways you use to pay them.
*
Thank you very much...Want to ask , I'm using osk188 online trading , if i sell stock , how is the way i received money ? (So far , i just buy stock but haven't sell before)
skiddtrader
post Jun 15 2008, 11:19 PM

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QUOTE(YuNGSeNG @ Jun 15 2008, 10:04 PM)
Thank you very much...Want to ask , I'm using osk188 online trading , if i sell stock , how is the way i received money ? (So far , i just buy stock but haven't sell before)
*
It will be credited according to what you choose. I believe under the application form, you can choose either to bank into your bank account or your trust account or issued a cheque.

Normally I ask them to automatically put back into my trust account so I can use it again. Just tell your broker how you want it done. For online trades, I'm not entirely sure how they will handle it. Best you call their help line for that.

This post has been edited by skiddtrader: Jun 15 2008, 11:20 PM
YuNGSeNG
post Jun 16 2008, 11:52 AM

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QUOTE(skiddtrader @ Jun 15 2008, 11:19 PM)
It will be credited according to what you choose. I believe under the application form, you can choose either to bank into your bank account or your trust account or issued a cheque.

Normally I ask them to automatically put back into my trust account so I can use it again. Just tell your broker how you want it done. For online trades, I'm not entirely sure how they will handle it. Best you call their help line for that.
*
Let say i want they automatically put back into my trust account . For example , today i sell my stock , so when they will put the money into my trust account ? By today or T+3 ?
panasonic88
post Jun 16 2008, 11:59 AM

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QUOTE(YuNGSeNG @ Jun 16 2008, 11:52 AM)
Let say i want they automatically put back into my trust account . For example , today i sell my stock , so when they will put the money into my trust account ? By today or T+3 ?
*
my past experience is, if you sell today, your money will be put back to your trust account only after 3 days.
shoduken
post Jun 18 2008, 12:23 PM

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more question here..

what is x 100 shares when u're buying?

example the share price is 1.20
if u key in 10 x 100 shares = 1000 shares means?

i think i got it..

1000 shares of 1.20 = rm 1200

hehe.. sorry for the trouble..

This post has been edited by shoduken: Jun 18 2008, 04:20 PM
Molotov Cocktail
post Jun 18 2008, 09:59 PM

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how and where to see the past prices of the shares bcause i want to see the movement of the share prices. can anyone help me? I'm still in the learning process
shoduken
post Jun 20 2008, 11:23 AM

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If I buy a stock at rm 1 price, and I want it to auto sell when it reach rm 1.10, can I do it automatically on the sell button stating sell at rm 1.10?
cherroy
post Jun 20 2008, 11:26 AM

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QUOTE(shoduken @ Jun 20 2008, 11:23 AM)
If I buy a stock at rm 1 price, and I want it to auto sell when it reach rm 1.10, can I do it automatically on the sell button stating sell at rm 1.10?
*
It depends on online portal you are using. Some have order feature that 'good until xx date' one, then yes, you can. Your order of 1.10 will automatically being key in into the trading system everyday to Q.
shoduken
post Jun 20 2008, 11:30 AM

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umm I'm using HLEbroking.. Don't see any order feature except it said "valid until 5pm"..

But there's option 5 options of sell price (last best, best sell, 2nd best etc. but you can key in any price you want)

I guess it's auto right? hmmm

And two more thing..

What is short selling? Is it that I buy a share at 1pm, then when it rise/drop like in 1 or 2 hours I sell it, is this call short selling? oh dear am i asking a dumb question.. lol...

And is there a limit of shares I can buy? Cause I got an exceed error, I'm limited by the shares (but not my trading limit). Is there a formula to this?

This post has been edited by shoduken: Jun 20 2008, 12:44 PM
Molotov Cocktail
post Jun 22 2008, 01:32 AM

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1 lot is equivalent to how many shares?? 100 or 1000, just curious. What is the minimum we can buy
skiddtrader
post Jun 22 2008, 01:34 AM

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QUOTE(Molotov Cocktail @ Jun 22 2008, 01:32 AM)
1 lot is equivalent to how many shares?? 100 or 1000, just curious. What is the minimum we can buy
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1 lot = 100 shares. minimum is 1 lot.
Molotov Cocktail
post Jun 22 2008, 05:27 AM

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it used to be 1 lot=1000 shares, am i right?
howszat
post Jun 22 2008, 12:15 PM

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QUOTE(shoduken @ Jun 20 2008, 11:30 AM)
umm I'm using HLEbroking.. Don't see any order feature except it said "valid until 5pm"..
Not available until next release of their software. Meantime, my remisier says you can tell them, and they will key in the order everyday for you or you do that yourself. biggrin.gif

QUOTE
What is short selling? Is it that I buy a share at 1pm, then when it rise/drop like in 1 or 2 hours I sell it, is this call short selling? oh dear am i asking a dumb question.. lol...
Not short selling, but intraday trading, ie, buy/sell on same day.

QUOTE
And is there a limit of shares I can buy? Cause I got an exceed error, I'm limited by the shares (but not my trading limit). Is there a formula to this?
By default, the limit is up to twice the amount you have in the SharesDirect Current Account.
shoduken
post Jun 23 2008, 10:46 AM

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Hmm.. I realize something..

So the share I buy today, won't be keep until I sell it? Cause last friday I buy a share, and today the share is all gone and my trading limit is back to where I started.. So I need to re-buy it everyday?

I'm using HLE fyi..
Molotov Cocktail
post Jun 24 2008, 01:49 AM

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what's the differences btwn options and call warrants? From what i've read both are the rights not obligation to buy shares at certain price and at certain time. Can anybody help?
sabrateur
post Jun 24 2008, 09:50 AM

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QUOTE(Molotov Cocktail @ Jun 24 2008, 01:49 AM)
what's the differences btwn options and call warrants? From what i've read both are the rights not obligation to buy shares at certain price and at certain time. Can anybody help?
*
From my understanding, there are put and call warrants. Both are options.
So I think you can say call warrants are a subset of options.

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