I think you needa provide us with more details like:
1. What kind of trader/investor do you seek to become? (long term or short term & how long is long/short? days, weeks, mths) 2. What sort of guidance do you need? 3. What is your risk apetite
I am beginner to stock market from malaysia. I would like to open a account to trade on option. It there any suggestion for me to open an online share trading in US market ? what sort of criteria to consider?
@ kmchen just start your basic account with about a 1000 or more and begin. if you are a weekly trader then try for 2 % dont trade more then 1 time aweek. also if you have 25000 or more to play with then you can trade more often but it costs alot more. and the return is not as good for as hard as you work. common stocks are the beginner road. get clever and pretty soon you look at dividend etf and penny otc markets.
hi.. i'm Malaysian..and interested to trade in Nasdaq market..but trade US market in Malaysia is just like pain in the a**..most broker in Malaysia charge expensive..USD40 per contract!! Is it safe to open with those broker that listed here? how about shares due payments? anybody can advice? thanks in advance =)
Hi Merlin, CIMB investment bank charges are only 25USD/trade for online trading, plus a few USD for stamp charges, etc. I have been with them for many years now. I have also a trust acct with them, it resolves the hassle of sending cheques and collecting of cheques. It goes without saying that when your trade is higher than what you have in yr trust acct, you have to top it up. Which state of Malaysia are your in? You can enquire from CIMB for further details should you have any. Best wishes....
Im a new player that intend to invest in US Stock, im a mid to long term player, not a frequent buyer. Can anyone recommend a good US brokerage with reasonable fees?
if use iTrade CIMB to buy stock from HK exchange, how the commission brokerage will be? What would be the minimum brokerage charges? SOmebody please help. Thanks.
kevinTan did you open your account with Trade King or Optionhouse. What is it like? I use Ameritrade. its charting features r good but still learning how to use and make profit from us sock
Thinkorswim ( under TDAMERITRADE) min USD 2500, Interactive broker ( MIN US 10K ) cheaper brokerage.
to trade US mkt u need to have knowledge of Tech analysis n some fundamental knowledge. u need to hard work in doing reading n dig stocks ,. if u trade option can be very good tool for leveraging, ( but u need to put in effort to learn at least 6-9 month learning stage. n money to go attend some course in town. or read urself some books, ( michael sincere - book on option is good. OR go library borrow some related books OR go investopedia -go tutorial OR youtube for video learning.
i do not agree of trading ind company risky, risk as what u talking of? indexes is more risky . basically it depends on how far your appetite of risk is. and what sort of strategies u apply. if trade indices u can trade via selling option as premium OR day trade on scalping ( i am doing this everyday. Risk -yes . but if u have discipline control of TP vs Cut loss strictly than there is no problem, as for individual stocks , to me it is much more easier , more straight forward + based on Technical analysis ( Support n resistant, using MA, + oscillators ) + check thoroughly on its fundamental . then u actually minimise a lot of stress. Overall to play indexes unless u are focus attentively n discipline n strong in TA application , otherwise pls stay away. the volatility can sweep u out easily.
wait til those sharks shorts you....i kena so many times.....niamh hai....anyway....i wanna ask,any way to skip the high per contract cost?currently we are paying USD25 per buy n then usd25 per sell contract plus GST 6% in USD!havent add in brokerage fee.....any sifu here can help about this?cheaper buy/sell contarct fee?i know standard charted singapore charging 0....but hassle going thr physically to open a trading account....please help
janus, open Thinkorswim Or Interactive broker yourself . then download its platform, trade ur own with only few dollars . per trade. u trade via local broker they just act as nominees /middlemen , of cos u get cut throat price . refer my earlier post answering to someone on this.
thanks ikanbili!i was thinking IB,how secure n safe is IB?can be trusted with me money?i am abit afraid i cant remit back my hard earn cash if i want to stop gambling....is there any problem u been thru getting back ur trading money?
buy min stock per unit. commission charge per trade. buy and sell the same stock considered 2 trades. get decent good US brokerage. commission is very competitive.
interactive broker and thinkorswim (not known as TDAmeritrade) both regulated by Commission of Security and backed by government up to 250K per account if brokerage goes bankrupt.
Tried to search for active discussion group for Options but seems it is quite lacking behind in MY compare to Forex. Are there serious options traders in MY? Thinking to start a study/discussion group as I myself and a few friends are quite active in it.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bondklse
1 posts
Posted by bondklse > 2012-08-14 11:03 | Report Abuse
I tried Scottrade and TD Ameritrade, but both require US social security # or US tax #. Anyone knows which ones will accept non-US citizens /PRs?