QUOTE(hsiengloong @ Oct 15 2008, 11:59 AM)
IC.. hows your broker? Got good tips and advice?
If he's good, hopefully you can recommend him to me then if ya don mind.
Thanks ya... BTW, what bracch are you in? I plan to drop by the SS2 branch later on...
I registered in Malacca. She is not working in OSK anymore.
Unfortunately, tips she didn't tell me because I told her I wasn't interested, but sound advice was given especially when the market turned sour in Feb 07 and August I think. Advised me not to sell off at the bottom when I called her, and as she predicted the market recovered higher following days and I sold with minimum loss, but could've been better if I didn't insist on selling the following days.
I guess I vouched for brokers because when the market is confusing you with SELL or BUY thoughts, they are the voice of reason behind the commotion. At least that's my experience, can't say if other people's experiences are like that. But for me when I was LESS immune to the market emotions, they can be the voice of reason to set your thinking straight.
Like I said, when you are new and inexperience in having a lot of money in the markets that cause you to have an emotional roller-coaster rides, it's better to get a reliable broker rather than an online account immediately. An online account does not tell you reason or offer you choices, it is your slave doing whatever you ask it to do regardless if your decision was obviously stupid or erroneous. It's better if you have someone in your family experience in the market that you can sought advice, like your dad/mom or uncle/aunt. At least you don't feel embarrassed to ask some questions that you may think is too 'noobish' to the ask the broker. At the end of the day it's your money, and you can do whatever you wish to it. So if you value your money, then forget about your ego and ask every question to the broker even if you think it is stupid. At least you can know if the broker is reliable or not answering your queries.