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 Stock Market V11, Stock Market talk

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okk
post Mar 29 2008, 02:32 PM

On my way
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Senior Member
689 posts

Joined: Jan 2003
From: Sri Petaling


Hi,
I am using HLeBroking account all the while and I notice that they offer 0.10% brokerage for intraday trading.
I have a few questions and hope the brothers here can help me.

1. Do I need to explicitly tell them that I need the intraday facility? Or is just just when I buy and sell in the same day, then my brokerage fees will 0.10%?
2. Based on question 1, whenever I buy a stock, I notice that my account is debited with the amount of stock I buy and with the 0.42% brokerage fees. So if I am going to sell in the same day (if this will activate intraday trading), does that mean that some portion of my initial brokerage fees of 0.42% will be credited back to me so that the brokerage fees is lessen to 0.10%?
3. For intraday trading, does the minimum brokerage fees of RM12 still hold?
4. Does the system actually allow buy and sell on the same day? Any problem with this based on the T+3 rule?

This post has been edited by okk: Mar 29 2008, 02:33 PM
okk
post Mar 29 2008, 08:49 PM

On my way
****
Senior Member
689 posts

Joined: Jan 2003
From: Sri Petaling


If I don't use intraday trading facility, can I still buy and sell on the same day? Any restriction from T+3 perspective?
okk
post Apr 18 2008, 11:38 AM

On my way
****
Senior Member
689 posts

Joined: Jan 2003
From: Sri Petaling


QUOTE(skiddtrader @ Apr 18 2008, 11:33 AM)
The sub-prime mess beat China's bubble burst and since market alredy corrected for sub-prime, China's burst not much effect for now.
*
China drop is not a bubble to me...bubble is when there is no fundamental supporting and normally when bubble burst, it doesn't take a long time to drop like what happens to China now, for example, see Dot Com bubble, how fast the stock price evaporates.....back to fundamental, Chia is still projecting GDP around 9.5% this year, hey, that's about double of Malaysia, and this slowdown is necessary to prevent overheating, and hence I believe China is still on the right track...

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