Yes, you can cancel your queue as long as there are no matches (i.e. the "deal/transaction" did not go through and your order is still in the queue....)

When you want to buy stocks, you have to queue. If there is a matching seller, then you will get the stocks at the price you quoted......

Say a counter is priced at RM2.50 at that moment in time....

There will be people queuing at RM2.50, some higher at RM2.55 and some lower at RM 2.45 or RM2.40..... Those that queue at higher prices will usually get it first as sellers would want to sell their shares at a higher price.... if you queue very low e.g. at RM2.30, there might not be any sellers willing to sell the stock at that price, so you won't get that stock....

This post has been edited by kmarc: Dec 7 2008, 11:08 PM

If you have RM10,000 in your account, you will have a RM30,000 margin to trade with. As long as the stocks that you buy does not go beyond T+3 (trading day + 3 days), you don't have to use your RM10,000 to pay with (that is, IF you make money from selling the shares within T+3). Once your shares goes past T+3, then you will have to pay that value from your RM10,000. If your shares are more that RM10,000, for example, RM15,000, then you have to deposit another RM5,000 once the shares goes past T+3.....

That's what I understand cause I don't use a margin account....


Haizzzz.... so boring..... 5 more days till reload.... hope still have time.....

This post has been edited by kmarc: Dec 13 2008, 05:31 PM

Anybody knows why my brokerage fees (maybank/aseambankders) for UCHITEC is higher?

Normal rate for online trading is 0.42% or RM12 minimum.

When I bought UCHITEC, they charged me 0.60% or RM40 minimum!!!

This post has been edited by kmarc: Dec 21 2008, 07:13 AM

Ya, gonna do that on Monday..... just received the statement on Friday, didn't have time to call....

This post has been edited by kmarc: Dec 21 2008, 08:50 AM

I'm also new in stock trading. For me, the first thing is to have spare cash and not use your emergency funds/savings to play stocks. Secondly, try to read as much as you can regarding the company/counters you are interested in. There are many links/good info posted by our forumers in many of the threads. Another good source of information is "The Edge Magazine" which is published weekly and cost only RM5-6. There's a lot of useful infomation in there.... Lastly, stock market is risky. Be prepared to lose money.... That's my 0.2 cents advice....

This post has been edited by kmarc: Jan 4 2009, 11:10 PM

The prices reflect the value of each share. If the price is stated as RM8, it means each share is RM8.

Most of the time, people buy shares in lots, as it is easier to handle. Last time, 1 lot = 1000 shares. Nowadays, 1 lot is generally equal to 100 shares.

So, if the price is RM8 and you bought 100 shares (1 lot), you have to pay RM800:

RM8 x 100 shares (1 lot) = RM800

If the share price then increases to RM9, your profit is RM 100:

RM9 x 100 shares (that you hold) = RM900

This post has been edited by kmarc: Jan 27 2009, 02:32 PM

I don't think anybody can answer you as there is no best or better strategy. It all depends on market trends and especially on your own expectation.

Option 1 - good strategy if the stock price keeps on going up
Option 2 - if the stock is volatile with lots of ups and down

In the end, nobody knows the future and either option can be a good or bad choice (on hindsight!).....

Did you install the CAB files? When I first logged into maybank2u, I had no problems getting the live quote. Maybe ask your remisier?

On KLSE, for trading normal shares, minimum is 1 lot = 100 units. So, in your case, you have to buy 100 units of shares = RM230.

There are the odd units but I don't know about those.....

Those are call warrants. You can check out the simple basic guide on warrants here (Post #6): http://forum.lowyat.net/topic/1039913

This post has been edited by kmarc: Jan 31 2010, 08:50 AM

From your screen, you have to know a few terms. Take for example the stock "Axiata".

B-Q = Buy Queue = 10934 lots
--- this means that people are queuing to buy (a total of 10934 lots)
--- At what price? At RM3.76 (see "Buy" column)
--- If you put in an order to buy at RM3.76, say 25 lots, then the total B-Q = 10934 + 25 = 10959

S-Q = Sell Queue = 433 lots
--- this means that people are queuing to sell
--- At what price? At RM3.77 (see "Sell" column)

Can you buy "Axiata" stocks immediate at that time? Yes, instead of waiting to queue to buy at RM3.76, you can buy straight away at RM3.77 as people have queued to sell at that price.
- say you put in an order to buy 30 lots at RM3.77
- the transaction will go through as there are people waiting to sell at that price
- Once the transaction is done, the S-Q = 433 - 30 = 403 lots left waiting to be sold

You can see the queue in more detail by double clicking on "Axiata" and then select this icon to see more:



Note : 1 lot = 100 shares

This post has been edited by kmarc: May 31 2010, 11:43 PM

1) Yes, you have to wait for your queue. It is something like standing in-line to buy your shares at RM3.76. You can only buy it when you turn comes.
- alternatively, as mentioned above, if you don't want to wait to buy, you can key-in to buy at RM3.77. As there are nobody waiting in-line to buy at RM3.77, your transaction will take place almost immediately.

2) That is correct. You have to wait your turn at RM3.77.
- Another example, if one guy straight away key in RM3.77 to buy 500 lots, he will have snapped up all the 483 lots (in the S-Q column at RM3.77), leaving 17 lots left not bought in the RM3.77 B-Q column.
- If you are successful in selling your stocks, you will only get your money after T+3 (same as buying)

3) Errmm... not too sure about that as I never tried the game.

This post has been edited by kmarc: Jun 1 2010, 05:42 PM

Answered above in blue.

This post has been edited by kmarc: Jun 3 2010, 01:39 PM

Errrmmm... there's nobody queing up to sell at 0.135 or 0.130 ma.... how to buy?

This post has been edited by kmarc: Jun 7 2010, 05:34 PM

1) Errmm.. why are you concern from where you bought the shares from? To answer your question, it is as explained earlier. You trade by Q. Assuming that A (100 lots) queue first, then B (50 lots), then C (100 lots) then D (50 lots), if you bought the shares from their Q by 200 lots, you would have bought 100 lots from A, 50 lots from B and 50 lots from C. This is done automatically and does not need any effort from your part. C would have 50 lots left to sell. If another guy comes to buy 10 lots from that Q, it would be from C's 50 lots (as C is now at the front of the Q because A and B already sold their shares), 50-10 = 40 lots left from C. Remember that we're talking about people queueing up to sell at a certain price point.

2) Haha, that's the transaction that was done. In that picture, 600 lots were sold at 0.415 at 4:50:05 pm. Red colour for sold, green colour for bought.