I suggest all new member to use the cheapset brokerage platform possible. When chosing an investment bank, make sure they have intraday facility or very cheap brokerage.

This help shortterm trader like ourself goes a long way to making profits. If you noticed we usually go in and exit a trade from days to minutes and even seconds.

Imagine using a brokerage which charge Rm28 minumum/0.42% if you make 10 trades? in and out will cost you a whooping Rm560!!!!

and say you buy a stock and exit after one bid? instead of profits you will be exiting at a lost because of the brokerage. Especially for small cap comrades who takes 100-300 lots your chances of making a lost is alot higher. Example buy stock A 100lots, sell after one bid earn Rm50. Brokerage RM48 you make Rm2. Buy stock A 100lots, sell at one bid lost, pay Rm50+Rm48 brokerage [You must be registered and logged in to see this image.] when you win you make Rm2, when you lose you lose Rm100 long term will be poor!!!

also when a stock look bad, if your brokerage is high around rm80......you will think twice before selling back at cost when you should just sell....that few seconds you take to think twice can make you lose 1-2 bid. Personal experience

Suggested banks with low brokerage

1. ECM Money intraday package-pay only when you profit, if lost no brokerage. brokerage for intraday when profit is 0.1%(no minimum means if you buy rm500 worth of stock your brokerage is 50ct [You must be registered and logged in to see this image.] )Overnight 0.2% or Rm12
   
2. HLE broking 0.1% intraday. 0.38 or min Rm12 for overnight
   
3. Jupiter securities 0.05% intraday or minimum Rm10-12, 0.1-0.3% for overnight
   
4. CIMB Clicks Rm8.88 or 0.0388% when you maintain Rm10k in account
   

these are the few banks i personally recomend....go to their website or call the up for more details!!

remember winning and losing can be determined by brokerage in the long run