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 Q&A, General question on stock market

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ante5k
post Jun 5 2008, 04:35 PM

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QUOTE(Zack Styler @ Jun 5 2008, 03:23 PM)
Haha well isn't the minimum balance to have in a trading account is RM1K??

Confused..  rclxub.gif  rclxub.gif
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it depends on investment house .... some dont require any upfront cash.
ante5k
post Jun 5 2008, 05:11 PM

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those banking one, ie. maybank usually requires upfront cash...


user of apex
ante5k
post Jun 5 2008, 05:23 PM

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QUOTE(be@rbrick @ Jun 5 2008, 05:13 PM)
do osk188 required any deposit before can start trading online for new account?
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not sure on that , any osk user wanna elaborate on it?
ante5k
post Jan 8 2009, 11:49 PM

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QUOTE(Vv.SoViEt.vV @ Jan 8 2009, 10:27 PM)
guys, if I play contra (before T3), do I still have to pay brokerage fee?

I bot UEMLAND on 6/1 and sell on 7/1, do I have to get charge of brokerage?
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brokerage fee is required to be paid as stated by your broker. Normally, each transaction have to pay for the fee, beside that , you also have to pay for the clearing fee and stamp duty.
ante5k
post Jan 8 2009, 11:55 PM

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QUOTE(bub-bly @ Jan 8 2009, 11:45 PM)
IMHO, better do not jump into conclusion to invest promptly. Is there a written law on the legal age to start invest in the market in Malaysia?
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What is the minimum age to open a trading account?
18 years old.

http://www.itradecimb.com/web/faqAccOpen.asp
ante5k
post Feb 18 2009, 01:18 PM

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Payment to Jupiter Securities Sdn Bhd for upfront payment, settlement of purchase contract, contra losses and other charges can be made to our account at the following banks:
i. Maybank A/C No :
ii. HSBC Bank A/C No :
iii. CIMB Bank A/C No :
iv. RHB Bank A/C No
v. Public Bank A/C No
vi. EON Bank A/C No :

Question, if i have cimb bank account, then i can just do online bank transfer for settlement?

ante5k
post Feb 18 2009, 04:11 PM

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because i know some securities cant do online bank in, need go at CDM, which is troublesome.
ante5k
post Jul 10 2009, 01:42 AM

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QUOTE(mopster @ Jul 10 2009, 01:05 AM)
it is ok not to attend or respond to a company's AGM right ?
haha sorry if this question is terribly noob... smile.gif
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normally i see, i throw ,inside dustbin ..... its always on working day, how to attend wor?
ante5k
post Sep 10 2009, 01:23 PM

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QUOTE(dannyooi_84 @ Sep 3 2009, 12:32 PM)
would buying 2 lots abit too little ? I know different people have different style and their own investment strategy.. Usually how much lots that u sifus buy?
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For me, it is not how many lots that i buy matters. It is the total amount that matters.

10lots@ RM0.10 = RM100.00
10lots@ RM3.00 =RM3000.00

When ever a transactions occurrs (buy/sell), it will cost me around minimum RM30 per trade. I try to make my cost of transaction around 1% per trade.

RM30+RM100 = RM130 equals 30% cost per trade which is ...... NOT good
RM30 + RM3000 = RM3030 equals around 1% cost per trade which is a lot better.

You would want lower the cost of trading so that you can see the returns earlier with lower breakeven point.

QUOTE(cyberGEEK @ Sep 10 2009, 11:51 AM)
guys ..

i would like to buy myetf?

what are the steps needed to do.. can i do it at cimbclicks, m2u?

i have around RM2000 to start off and im a newbie. please guide me : )

thank you
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To trade, first you need to open a trading account. For this you can open with any investment trading company i.e. OSK, or any major banks which provide this service i.e. cimb, maybank, public bank....

Online trade, while opening the account, you can ask them anything which you needed to know.
After that, login to your online account and start trading.

MYETFDJ is a listed ETF, so it is just traded like a normal share. Last traded price is RM0.794 per share.

This post has been edited by ante5k: Sep 10 2009, 01:28 PM
ante5k
post Jan 11 2010, 12:39 PM

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Direct Trading Account
Securitised Account - Direct
Securitised Account - Nominee

Question : what is the difference of the three accounts?

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