2 December 2011 Friday

phoenix wrote:digitz for jupiter your fee is rm8 minimum plus stampduty and clearing fee?

so say u take 10ct stock 100lots......rm16 for buy and sell.....rm20 stampduty....total fee ard 40....

anything above 40 is profit lor [You must be registered and logged in to see this image.]

digitz wrote:

W wrote:

digitz wrote:

ESH wrote:

digitz wrote:

thanks, sifu max. :) could i also ask what is the minimum amount (roughly) of capital one would need to be able to trade, since for small amounts, the percentages for brokerage/clearing fees/stamp duty is quite high?

1k also ok lo. brokerage is by percentage, and minimum set by broker, same with clearing fees and stamp duty. If 1k average about 12 rm, so total in out 24 rm like that. Then you set your target price to profit from there. What broker you use?

thanks esh, i am using jupiter online.

jupiter then ok..the fee is as low as ecm.but ur cap must at least 3k.if not hard to see the profit.

i see, thanks sifu w. so for each trade, how much profit (in terms of percentage) would you target? if it costs about 2.5% for each trade (in and out) just to break even, should target at least 5%?

W wrote:

digitz wrote:

W wrote:

digitz wrote:

ESH wrote:

1k also ok lo. brokerage is by percentage, and minimum set by broker, same with clearing fees and stamp duty. If 1k average about 12 rm, so total in out 24 rm like that. Then you set your target price to profit from there. What broker you use?

thanks esh, i am using jupiter online.

jupiter then ok..the fee is as low as ecm.but ur cap must at least 3k.if not hard to see the profit.

i see, thanks sifu w. so for each trade, how much profit (in terms of percentage) would you target? if it costs about 2.5% for each trade (in and out) just to break even, should target at least 5%?

dont take that f#@& off minimum breakeven profit into consideration,because it may become ur obstacle during CL.So,what u nid to do is u must bear in mind,ur fee is too low enough,if the situation is go against u,then CL without hesitate.ok.

phoenix wrote:

W wrote:

digitz wrote:

W wrote:

digitz wrote:

thanks esh, i am using jupiter online.

jupiter then ok..the fee is as low as ecm.but ur cap must at least 3k.if not hard to see the profit.

i see, thanks sifu w. so for each trade, how much profit (in terms of percentage) would you target? if it costs about 2.5% for each trade (in and out) just to break even, should target at least 5%?

dont take that f#@& off minimum breakeven profit into consideration,because it may become ur obstacle during CL.So,what u nid to do is u must bear in mind,ur fee is too low enough,if the situation is go against u,then CL without hesitate.ok.

totally agree....[You must be registered and logged in to see this image.]

W wrote:CL= cut loss