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 Q&A, General question on stock market

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Ranny
post Nov 6 2008, 03:15 AM

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QUOTE(boost868 @ Nov 6 2008, 12:56 AM)
Hi All Sifu  icon_question.gif ,

I stay in JB. How much do I need to open a Nominee or Direct CDS account? Where can I open this account? Thanks
*
Look for a remisier/dealer rep first. They will open the CDS account for u. It is RM10.

Keep in mind that nominee CDS cannot be used to apply IPOs. Apply for Direct CDS.
boost868
post Nov 7 2008, 12:55 AM

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Hi All,

Any idea where to look for remiser in JB? Do they work on Saturday?
DarkForXe
post Nov 7 2008, 04:12 PM

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what's
3rd buy 2nd buy 1st buy
1st sell 2nd sell 3rd sell?

if i am going to buy in some unit. which price should i be looking at?
what is exactly buy price and sell price?
sorry. i am really new in this. need to learn first before i invest anything. thank you.
htt
post Nov 7 2008, 04:25 PM

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QUOTE(DarkForXe @ Nov 7 2008, 04:12 PM)
what's
3rd buy 2nd buy 1st buy
1st sell 2nd sell 3rd sell?

if i am going to buy in some unit. which price should i be looking at?
what is exactly buy price and sell price?
sorry. i am really new in this. need to learn first before i invest anything. thank you.
*
1st buy is the highest buying price, follow by 2nd & 3rd.
1st sell is the lowest selling price, follow by 2nd & 3rd.

If you want the share so badly, go for the 1st selling price, almost sure get. You can place higher price if you want too, too, system will allocate the lowest available for you.
Buy price = Buyer's price
Sell price = Seller's price.
cherroy
post Nov 7 2008, 04:27 PM

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QUOTE(boost868 @ Nov 7 2008, 12:55 AM)
Hi All,

Any idea where to look for remiser in JB? Do they work on Saturday?
*
Most work 5 days only.

QUOTE(DarkForXe @ Nov 7 2008, 04:12 PM)
what's
3rd buy 2nd buy 1st buy
1st sell 2nd sell 3rd sell?

if i am going to buy in some unit. which price should i be looking at?
what is exactly buy price and sell price?
sorry. i am really new in this. need to learn first before i invest anything. thank you.
*
If you want staight away the transaction done, look at 1 sell price, you will get it straight away, if not can put in 1 buy to wait somebody to sell it to you.

Google around and see how transaction being done, then automatically will understand. A simple example on real transaction being done is much easy to understand than a thousand word to describe it.
DarkForXe
post Nov 7 2008, 04:28 PM

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ok ok. thanks alot to you 2.
! Love Money
post Nov 8 2008, 04:39 PM

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QUOTE(aurora97 @ Nov 5 2008, 05:32 PM)
Everyone is entitled to their own opinion, so what u propose may or may not be wrong because its ur money and u call the shot.

Of course, if u do call the shots u must also be willing to bear the consequences of your action.

***

I work in a Legal Dept (formerly from a futures broker) for an Investment Bank, need i tell u how many bankruptcy cases i see in a day involving those age 30 and below?

It's a sad fact being bankrupted at such a young age when the person has such bright future in front of them.

Alot of us see the "profits" shares and futures trading can bring to us, but they neglected to do proper risk management before they start pouncing right into it.

The trade beyond their safety net.

Our bank charges an interest of 11% + penalty of 2.5% (not exact figures but close) , this is special interest for defaulters.

you do the math.
*
sorry to disturb... y they go bankcrupt? due to invest in SE or other factor?
htt
post Nov 8 2008, 04:46 PM

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QUOTE(! Love Money @ Nov 8 2008, 04:39 PM)
sorry to disturb... y they go bankcrupt? due to invest in SE or other factor?
*
Because they like to? blink.gif Cannot be lah.
People go bankrupt mainly because of speculation (or rather called trading) in future market where leverage is high or speculate (or rather called invest) in stock market with other people's money e.g. margin/ OD/ what ever loan, and they just so happen to be unlucky to caught in the market trend.
Morale of the stories, never invest with high leverage, quick money is good but one day you might need to pay back, with all the interest that you least expected. cry.gif
aurora97
post Nov 9 2008, 02:20 PM

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QUOTE(! Love Money @ Nov 8 2008, 04:39 PM)
sorry to disturb... y they go bankcrupt? due to invest in SE or other factor?
*
haha... to begin with there's no need to fear fellow forumner, we r merely peers swimming in a pool of confused and deranged ppl. Some may have answers to some questions, some may not. Feel free to ask any question you like so long it is within the questions asked.

QUOTE(htt @ Nov 8 2008, 04:46 PM)
Because they like to? blink.gif Cannot be lah.
People go bankrupt mainly because of speculation (or rather called trading) in future market where leverage is high or speculate (or rather called invest) in stock market with other people's money e.g. margin/ OD/ what ever loan, and they just so happen to be unlucky to caught in the market trend.
Morale of the stories, never invest with high leverage, quick money is good but one day you might need to pay back, with all the interest that you least expected.  cry.gif
*
QFT

This post has been edited by aurora97: Nov 9 2008, 03:01 PM
htt
post Nov 9 2008, 02:56 PM

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QUOTE(aurora97 @ Nov 9 2008, 02:20 PM)
haha... to begin with there's no need to fear fellow forumner, we r merely peers swimming in a pool of confused and deranged ppl. Some may have answers to some questions, some may not feels free to ask any question you like so long it is within the questions asked.
QFT
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What's QFT? rclxub.gif
aurora97
post Nov 9 2008, 02:57 PM

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QUOTE(htt @ Nov 9 2008, 02:56 PM)
What's QFT? rclxub.gif
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quoted for the truth biggrin.gif
htt
post Nov 9 2008, 02:59 PM

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QUOTE(aurora97 @ Nov 9 2008, 02:57 PM)
quoted for the truth biggrin.gif
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Thanks, new to me blush.gif
! Love Money
post Nov 9 2008, 06:50 PM

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QUOTE(aurora97 @ Nov 9 2008, 02:20 PM)
haha... to begin with there's no need to fear fellow forumner, we r merely peers swimming in a pool of confused and deranged ppl. Some may have answers to some questions, some may not. Feel free to ask any question you like so long it is within the questions asked.
QFT
*
ok thanks, then final question... if i bought 100 units worth of share with 1.00 per unit and when the price go down will i need to top up? or the money is just inside there only... thanks in advance and hope u understand this question nod.gif
tkwfriend
post Nov 9 2008, 07:13 PM

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QUOTE(! Love Money @ Nov 9 2008, 06:50 PM)
ok thanks, then final question... if i bought 100 units worth of share with 1.00 per unit and when the price go down will i need to top up? or the money is just inside there only... thanks in advance and hope u understand this question nod.gif
*
you does not need to top up. once you buy at the price you pay at the price. if you sell you will get the price you sell.
aurora97
post Nov 10 2008, 09:22 AM

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QUOTE(! Love Money @ Nov 9 2008, 06:50 PM)
ok thanks, then final question... if i bought 100 units worth of share with 1.00 per unit and when the price go down will i need to top up? or the money is just inside there only... thanks in advance and hope u understand this question nod.gif
*
ok a simple explanation of the scenario above.

when u buy the shares (this day is known as T+0) ---> than T+1 ---> T+2 ---> T+3 (you must pay on this day be4 1pm, otherwise by the end of this day, the shares will be force sold)

Say you have $1 1000 untis and the price drops to $0.8 1000 units on T+3 and its force sold by the bank. You need only to pay the difference of the shares that is $ 200 for Contra losses.


munchinks
post Nov 12 2008, 10:49 AM

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hi guys, i have some questions here:
1) 1 LOT is how many shares? Because some ppl say 1 LOT = 100 shares, other say 1 LOT = 1000 shares.
2) What's the minimum LOT to buy ?

Thanks
cherroy
post Nov 12 2008, 10:55 AM

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QUOTE(munchinks @ Nov 12 2008, 10:49 AM)
hi guys, i have some questions here:
1) 1 LOT is how many shares? Because some ppl say 1 LOT = 100 shares, other say 1 LOT = 1000 shares.
2) What's the minimum LOT to buy ?

Thanks
*
1 lot = 100 shares nowadays.

min? 1 lot lor. biggrin.gif

Because previously market standard 1 lot = 1000 shares. So old timers always associated 1 lots = 1000 shares. But since then KLSE changed to 100 shares, then standard now become 100 shares per lot.
htt
post Nov 12 2008, 10:59 AM

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QUOTE(munchinks @ Nov 12 2008, 10:49 AM)
hi guys, i have some questions here:
1) 1 LOT is how many shares? Because some ppl say 1 LOT = 100 shares, other say 1 LOT = 1000 shares.
2) What's the minimum LOT to buy ?

Thanks
*
Malaysia, 1 lot = 100 share. It used to be 1,000 share previously, but that's years ago, old people (Gen W) like me might still have memory of that. tongue.gif
Else where, mostly 1 lot = 1,000 share unless mention specific.
You can buy 1 lot (100 share) if you want to. tongue.gif
aurora97
post Nov 12 2008, 02:08 PM

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just say u wan 10 lots = 1K shares lor.. ur remisier will paham...

if not whack him/her
wyyew
post Nov 12 2008, 04:59 PM

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hi, newbie here , if I go to osk open trading account will it automatically open up the cds account nominee type?? or they will give me to choose whether a nominee type or direct type.

thank u.


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