how to go abt buying shares?
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hmm... i already heard Creative shares have this trend already... gotta have a strong heart to buy their shares... definitely not suitable for a first-timer like me...Originally posted by shade343:well...for this year, it did fluctuate like crazy. Early this year it was trading at around $16 before it shot untill $27. Last Friday's price was $13.20....
correct me if i m worong, but one thing gd is that once a share is bought, settlement is immediate (or over a few days), and after that, u can hold on to the share for as long as u want... i believe there is another kind that would require a buyer to keep pumping in money... -
I think what you are referring to is futures trading. That one only requires you have a certain margin to maintain while trading. For more info, you can check outOriginally posted by mercurialz:hmm... i already heard Creative shares have this trend already... gotta have a strong heart to buy their shares... definitely not suitable for a first-timer like me...
correct me if i m worong, but one thing gd is that once a share is bought, settlement is immediate (or over a few days), and after that, u can hold on to the share for as long as u want... i believe there is another kind that would require a buyer to keep pumping in money...
http://www.phillipfutures.com.sg/ -
correct correct, futures... so many things that can be done juz for the exp...Originally posted by shade343:I think what you are referring to is futures trading. That one only requires you have a certain margin to maintain while trading. For more info, you can check out
http://www.phillipfutures.com.sg/
u play shares too? -
spot the loopholes?Originally posted by mercurialz:i agree sometimes this strategy works very well, esp when u dun go for the big profit margin, and itz probably the one that i might use as a newbie... but sometimes itz just very difficult to spot loopholes in a company's financial report... lol...
DBS owned 9.3% of citiraya.
even a financial giant like DBS got trapped. -
creative highest was $60.
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To be correct, DBS AM which is a fund management subsidiary invest 9.3% in Citiraya through various funds (Note, DBS do not own those shares, the people who invest in their unit trust do). At the same time DBS is the biggest creditor of Citiraya. And they are the one who is forcing Citiraya to make the payment for their loan.Originally posted by dragg:spot the loopholes?
DBS owned 9.3% of citiraya.
even a financial giant like DBS got trapped. -
Actually I 'Invest" in shares. I dont play them.Originally posted by mercurialz:correct correct, futures... so many things that can be done juz for the exp...
u play shares too? Playing and investing is 2 different things. I also do a bit of investing in Futures Trading -
you are still a student right?
you have money to 'invest' in futures?
you must be very capable. -
I think Shade is one of the youngest investors here.. based on what he posted so far -
Damn.
You guys must be loaded to be into all this shares and futures trading.
Got kang tow or not? -
Actually, stocks is not risky...its the person who played it...that is risky....if you look at the price when you buy stocks...bye bye...NEVER LOOK AT THE PRICE....The price doesnt tell you how well the business go...neither can your broker...and one last thing...if you trade stocks...you will lose in the long run...so be becareful.
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my lao peh give me money to invest in futures tradingOriginally posted by dragg:you are still a student right?
you have money to 'invest' in futures?
you must be very capable.
I also dispense free advice to my friend's grandmother -
Trade stocks lose in the long run??......Originally posted by titoo:Actually, stocks is not risky...its the person who played it...that is risky....if you look at the price when you buy stocks...bye bye...NEVER LOOK AT THE PRICE....The price doesnt tell you how well the business go...neither can your broker...and one last thing...if you trade stocks...you will lose in the long run...so be becareful.
kindly explain to me about people like Warren Buffet. They invest in shares. Although the may lose money initially, in the long run, they become billionaires. -
yes yes.. i know u cant "play" with the shares.. lol...Originally posted by shade343:Actually I 'Invest" in shares. I dont play them. Playing and investing is 2 different things. I also do a bit of investing in Futures Trading ... still doing my reading up... i will be back... -
Why dont you go into Futures Trading?Originally posted by mercurialz:yes yes.. i know u cant "play" with the shares.. lol... ... still doing my reading up... i will be back...
With an initial Margin of 20k, you can make 100k in 1 month
Some more can save your time on reading up comapny's profit statement and annual reports. -
but how many people go bankkrupt so he can become a billionaire.Originally posted by shade343:Trade stocks lose in the long run??......
kindly explain to me about people like Warren Buffet. They invest in shares. Although the may lose money initially, in the long run, they become billionaires.
many losers make a winner.
and the winners are most of the time those with the most funds. -
would you like to go into futures Trading?Originally posted by dragg:but how many people go bankkrupt so he can become a billionaire.
many losers make a winner.
and the winners are most of the time those with the most funds. -
Hello,
Before u decide to find out the details on how to trade, u have to have a clear fundamentals first. Things like what brokerage firms to choose, whether to trade online/ offline, etc, are not really important. Once u have ur fundamentals strong, u understand the concepts, u know the different types of traders, the different analysis used, know ur objectives/ time frame, etc, then u can start to think about the details on how to start the actual trading. It shouldn't be a focus.
If u manage to know all the trading details, all the commision rates, all the nitty-gritty rules, but ur fundamentals is shaky, u will only set urself up for trouble. They're not important at all.
Unless if u have gone through all the homework, and now starting to trade. -
X 2.Originally posted by nospam:Dun follow trend la. Buy sahres cannot earn money one. Buy 4D even better chance. BTW worldwide economy slowdown predicted in 2009 so be prepared. -
Originally posted by shade343:would you like to go into futures Trading?
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My dad also has an account which has been stagnant (he never trade for 3 years already) I'm applying for an internet trading acc. using that account too. He stopped trading cos burnt his fingers few yrs back but still have some shares left in there.
The new internet trading acc. is for me to trade (of course funds provided by him as i've just grad. from poly)
One point to note is, investing/trading is different from "playing" shares.
"Playing" is like punting, essentially gambling.
Whereas investing/trading is different, it is based on your analytical skills. Reading up on news, reports that the company have, etc. etc...
I'm glad you're thinking of starting an acc. But be warned, INVEST, DON'T PUNT. Analyse the stocks and don't let greed overcome you.
I'm a finance diploma grad. but still i do not have the confidence to put what i learnt to test yet. Instead, i'm currently reading some investment books bought at Kinokuniya. I suggest you do the same too. Go for those like "Investment for beginners" or something like that.
Good luck!