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Mine is 0.165%
For stocks which cost $3 or below. 1 cent is enough to cover commission with some profits leftover.
watermelon ( Date: 30-Nov-2010 14:58) Posted:
onaji desu (same same) me also ....comm charge is 0.275%
Jfierce ( Date: 30-Nov-2010 14:55) Posted:
Well BT.. my commission is 0.275%.. my limit only lets me buy at most 9-10 lots. So assuming i pick correctly. 10 x 1.99 x 0.00275 = 54.725 10 x 2 x 0.00275 = 55 Total = 110 not counting the GST thing. If i sell at 1 cent i still lose around 10+ to 20 bucks... that's why quite hard to aim intraday. Best part is my picks quite suay.. haha.
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wa , not bad leh, still go backup profits ....i tell u huh, tt time i bght noble high at 2.90 ok, loss $600 plus :-(
icetomato ( Date: 30-Nov-2010 14:55) Posted:
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Haha. Try to sell later. But 1 cent I cannot sell leh. Not like BT....
Watermelon... I'm playing on backup profits... I still holding some I bought below 1.90....
iPunter ( Date: 30-Nov-2010 14:52) Posted:
There's nothing wrong with you...
Any human being will normally do the same thing ... 
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Just the regular RSI, MACD and CandleStick analysis.
I make most of my money from news and following intraday charts of STI and regional markets.
Gaecia ( Date: 30-Nov-2010 14:54) Posted:
| BT can u read my last post? thank you |
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sis watermelon.. he getting better rate than us cause he bigger trader. I think IGmarkets give decent rates also.. but i heard must put at least 15k or more as trust.
watermelon ( Date: 30-Nov-2010 14:51) Posted:
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Profit/Loss |
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-188.43 |
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Profit/Loss(%) |
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-0.19% |
BT , see mine !! LOSS !! Urs can still earn , good for u !!:-)
BullishTempo ( Date: 30-Nov-2010 14:44) Posted:
Ok since you mentioned it, I will calculate for you. My commission = 0.165% for buy and sell 50 lots x 1.99 x 0.00165 (buy) 50 lots x 2.00 x 0.00165 (sell) Total commission = $329.18 Profit before commission = $500 Profit after commission = $170.83 But it gets better if you can make 2 cents. Because 1 cent is already enough to cover commission with a tiny profit left over. From the 2nd cent onwards, every cent is $500 pure profit. So if I sell at 2.01, profit = $170.83 + $500 = $670.83 But today is a bear day, so I will just be happy with my $170 |
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onaji desu (same same) me also ....comm charge is 0.275%
Jfierce ( Date: 30-Nov-2010 14:55) Posted:
Well BT.. my commission is 0.275%.. my limit only lets me buy at most 9-10 lots. So assuming i pick correctly. 10 x 1.99 x 0.00275 = 54.725 10 x 2 x 0.00275 = 55 Total = 110 not counting the GST thing. If i sell at 1 cent i still lose around 10+ to 20 bucks... that's why quite hard to aim intraday. Best part is my picks quite suay.. haha.
BullishTempo ( Date: 30-Nov-2010 14:47) Posted:
Lets say you only make $170 every day for 20 days in a month. $170 x 20 = $3400 Not too shabby. On some days you make more, on some days you make less. But overall, thats how u make money. I don't like to hold positions overnight in an unstable market environment. Once market has stabilized, you can hold over a few days. |
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2molo will be a better day.. sleep it out today..
Haha. Try to sell later. But 1 cent I cannot sell leh. Not like BT....
Watermelon... I'm playing on backup profits... I still holding some I bought below 1.90....
iPunter ( Date: 30-Nov-2010 14:52) Posted:
There's nothing wrong with you...
Any human being will normally do the same thing ...
watermelon ( Date: 30-Nov-2010 14:46) Posted:
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aiyoh, no need to chop fingers lah (how to trade in future ), go n trim finger nails can liao lah , lol
I'm still q 'ing for noble also !! |
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Well BT.. my commission is 0.275%.. my limit only lets me buy at most 9-10 lots. So assuming i pick correctly.
10 x 1.99 x 0.00275 = 54.725
10 x 2 x 0.00275 = 55
Total = 110 not counting the GST thing.
If i sell at 1 cent i still lose around 10+ to 20 bucks... that's why quite hard to aim intraday. Best part is my picks quite suay.. haha.
BullishTempo ( Date: 30-Nov-2010 14:47) Posted:
Lets say you only make $170 every day for 20 days in a month. $170 x 20 = $3400 Not too shabby. On some days you make more, on some days you make less. But overall, thats how u make money. I don't like to hold positions overnight in an unstable market environment. Once market has stabilized, you can hold over a few days.
BullishTempo ( Date: 30-Nov-2010 14:44) Posted:
Ok since you mentioned it, I will calculate for you. My commission = 0.165% for buy and sell 50 lots x 1.99 x 0.00165 (buy) 50 lots x 2.00 x 0.00165 (sell) Total commission = $329.18 Profit before commission = $500 Profit after commission = $170.83 But it gets better if you can make 2 cents. Because 1 cent is already enough to cover commission with a tiny profit left over. From the 2nd cent onwards, every cent is $500 pure profit. So if I sell at 2.01, profit = $170.83 + $500 = $670.83 But today is a bear day, so I will just be happy with my $170 |
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BT can u read my last post? thank you
Hi BT,
i calculated if i do that i make a lost leh...what company you using?I using POEMS...
| $99,500.00 |
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$278.60 |
| + Clearing Fee |
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$39.80 |
| + Access Fee |
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$7.46 |
| + GST |
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$22.81 |
| Investment Amount |
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$99,848.67 |
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| Profit and Loss |
-$199.09 -0.19% |
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| Sell Contract |
| Contract Value |
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$100,000.00 |
| - Brokerage Fee |
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$280.00 |
| - Clearing Fee |
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$40.00 |
| - Access Fee |
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$7.50 |
| - GST |
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$22.93 |
| Sell Amount |
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$99,649.58 |
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There's nothing wrong with you...
Any human being will normally do the same thing ...
watermelon ( Date: 30-Nov-2010 14:46) Posted:
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aiyoh, no need to chop fingers lah (how to trade in future ), go n trim finger nails can liao lah , lol
I'm still q 'ing for noble also !!
icetomato ( Date: 30-Nov-2010 14:41) Posted:
| Oh no... short when Europe opens???? I bought back Noble contra again just now... Sigh. Go chop my fingers already. |
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Stop dun short. Tonight for 3 impt datas from US
1. Consumer confidence
2. Payrolls
3. Manufacturing.
Still wanna short?
bladez87 ( Date: 30-Nov-2010 14:46) Posted:
| tempted to short later on with live ammo! somebody stop me!
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Profit/Loss |
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-188.43 |
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Profit/Loss(%) |
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-0.19% |
BT , see mine !! LOSS !! Urs can still earn , good for u !!:-)
BullishTempo ( Date: 30-Nov-2010 14:44) Posted:
Ok since you mentioned it, I will calculate for you. My commission = 0.165% for buy and sell 50 lots x 1.99 x 0.00165 (buy) 50 lots x 2.00 x 0.00165 (sell) Total commission = $329.18 Profit before commission = $500 Profit after commission = $170.83 But it gets better if you can make 2 cents. Because 1 cent is already enough to cover commission with a tiny profit left over. From the 2nd cent onwards, every cent is $500 pure profit. So if I sell at 2.01, profit = $170.83 + $500 = $670.83 But today is a bear day, so I will just be happy with my $170
Jfierce ( Date: 30-Nov-2010 14:39) Posted:
i went to do calculations. i need at least 3 cents average to even clear commission and make 50+ dollars with the 5 or 6 lots i can buy with cash account.. no way can make with 1 cent like u. Somemore in office.. halfway kena called for meeting is really bye bye bye :(
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I using Kim Eng.. also the traditional one leh. I already almost give up on intraday atm.. lose 2 cents lose so much. Up 3 cents only make 50... even i 50/50 hit rate i lose alot liao.. unless i can pick those rise alot one la..
Think here i see this thread got quite a few steady moneymakers.. but i always notice icetomato like very zai. LOL
watermelon ( Date: 30-Nov-2010 14:43) Posted:
same lah , i'm using UOB kayhian , traditional trading platform , what abt u??
Jfierce ( Date: 30-Nov-2010 14:39) Posted:
i went to do calculations. i need at least 3 cents average to even clear commission and make 50+ dollars with the 5 or 6 lots i can buy with cash account.. no way can make with 1 cent like u. Somemore in office.. halfway kena called for meeting is really bye bye bye :(
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Lets say you only make $170 every day for 20 days in a month.
$170 x 20 = $3400
Not too shabby.
On some days you make more, on some days you make less.
But overall, thats how u make money.
I don't like to hold positions overnight in an unstable market environment. Once market has stabilized, you can hold over a few days.
BullishTempo ( Date: 30-Nov-2010 14:44) Posted:
Ok since you mentioned it, I will calculate for you. My commission = 0.165% for buy and sell 50 lots x 1.99 x 0.00165 (buy) 50 lots x 2.00 x 0.00165 (sell) Total commission = $329.18 Profit before commission = $500 Profit after commission = $170.83 But it gets better if you can make 2 cents. Because 1 cent is already enough to cover commission with a tiny profit left over. From the 2nd cent onwards, every cent is $500 pure profit. So if I sell at 2.01, profit = $170.83 + $500 = $670.83 But today is a bear day, so I will just be happy with my $170
Jfierce ( Date: 30-Nov-2010 14:39) Posted:
i went to do calculations. i need at least 3 cents average to even clear commission and make 50+ dollars with the 5 or 6 lots i can buy with cash account.. no way can make with 1 cent like u. Somemore in office.. halfway kena called for meeting is really bye bye bye :(
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tempted to short later on with live ammo! somebody stop me!
aiyoh, no need to chop fingers lah (how to trade in future ), go n trim finger nails can liao lah , lol
I'm still q 'ing for noble also !!
icetomato ( Date: 30-Nov-2010 14:41) Posted:
| Oh no... short when Europe opens???? I bought back Noble contra again just now... Sigh. Go chop my fingers already. |
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Okay Bullish, i second u.
It shall be with all these effort into it. Think i'm getting it at chart reading. h/w execution is a prob for me sometimes with butter fingers and sometimes butterflies in stomach syndrome. Its all in the mind.
Bullish, most indicators lags actual trend by 1 day or 2 even on real time charts. I tend to misread. Which key indicators do u use to plan entry and exit? Parbolic Sar, momentum, macd histogram or wat? I'm very appreciative of your advice!
BullishTempo ( Date: 30-Nov-2010 14:35) Posted:
Once you can achieve small profits consistently on a daily basis. You will be ready to make bigger trades with confidence.
BullishTempo ( Date: 30-Nov-2010 14:32) Posted:
50 lots GenSp bought at $1.99
Just sold it at $2.00
LoL, small profit but not bad for a bear day. |
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Ok since you mentioned it, I will calculate for you.
My commission = 0.165% for buy and sell
50 lots x 1.99 x 0.00165 (buy)
50 lots x 2.00 x 0.00165 (sell)
Total commission = $329.18
Profit before commission = $500
Profit after commission = $170.83
But it gets better if you can make 2 cents. Because 1 cent is already enough to cover commission with a tiny profit left over. From the 2nd cent onwards, every cent is $500 pure profit.
So if I sell at 2.01, profit = $170.83 + $500 = $670.83
But today is a bear day, so I will just be happy with my $170
Jfierce ( Date: 30-Nov-2010 14:39) Posted:
i went to do calculations. i need at least 3 cents average to even clear commission and make 50+ dollars with the 5 or 6 lots i can buy with cash account.. no way can make with 1 cent like u. Somemore in office.. halfway kena called for meeting is really bye bye bye :(
BullishTempo ( Date: 30-Nov-2010 14:35) Posted:
Once you can achieve small profits consistently on a daily basis. You will be ready to make bigger trades with confidence. |
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same lah , i'm using UOB kayhian , traditional trading platform , what abt u??
Jfierce ( Date: 30-Nov-2010 14:39) Posted:
i went to do calculations. i need at least 3 cents average to even clear commission and make 50+ dollars with the 5 or 6 lots i can buy with cash account.. no way can make with 1 cent like u. Somemore in office.. halfway kena called for meeting is really bye bye bye :(
BullishTempo ( Date: 30-Nov-2010 14:35) Posted:
Once you can achieve small profits consistently on a daily basis. You will be ready to make bigger trades with confidence. |
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