USA Stocks discussion

[Perisher]

Scb can play options one anot ah?

nope. it's pure buy/sell and cut loss only. This question and a lot above is more appropriate in the scb thread...

 

[lambo_elemento]

Okay, I am the long term investment type, hoping to hold a few shares of US stocks for long term capital growth and dividend too. Possibly only can buy like less than 10 of each stock, feasible? Don't have USD100k, only USD$2000 at most. Still a student and no income

What is the USD 2K? is entire trading account or approx investment per ticker?

Hv u tried trading a dummy account yet?

Btw don't forget custodian fees

 

[kenpachi82]

Scb can play options one anot ah?

most people get PLAYED by options.
unless you are selling them.

 

[sub_07]

anyone holding on to TSLA shares? It was reported last night that they sold 10,030 cars in the first quarter! beats estimates by 1%... They will be releasing model X soon and introduce a new product on 30th April!

who're the bulls or bears here on this stock!

 

[Perisher]

What is the USD 2K? is entire trading account or approx investment per ticker?

Hv u tried trading a dummy account yet?

Btw don't forget custodian fees

This is why one should visit the scb thread. There is no custodian fees for SCB. And a whole lot of other things are mentioned in post #3600 of scb thread.

That's some good news for TSLA holders after the huge drop. Guess it will create a new high now. Anything below $200 is a buy.

 

[lambo_elemento]

Question...

Is there a way to open order like this:
I put a buy order below mkt price and I want it triggered on 2nd touch. It has to be some sort of buy stop....right
This is for long.
On IB

Gamxia

 

[archcherub]

Question...

Is there a way to open order like this:
I put a buy order below mkt price and I want it triggered on 2nd touch. It has to be some sort of buy stop....right
This is for long.
On IB

Gamxia

https://www.interactivebrokers.com/...de/webtrader/orders/supported_order_types.htm
not sure if this can help u.




TSLA seems good. personally like it but not vested.

Looking at STZ now.
STZ earnings on Thursday, im in favour of a good earning reports. Most possibly buy in on Monday. And Thurs may buy again if got any dips.

 

[lambo_elemento]

https://www.interactivebrokers.com/...de/webtrader/orders/supported_order_types.htm
not sure if this can help u.
.

Thanks for that...
I don't think so lol. My qns is meant for those who actually executed that kind of order before.

#is trying to save trial and error effort

 

[sub_07]

I'm vested with 4 shares at $204 each.. really dunno how will this investment turn out as I bought this on an impulse.. didn't do much research!

 

[Shiny Things]

Question...

Is there a way to open order like this:
I put a buy order below mkt price and I want it triggered on 2nd touch. It has to be some sort of buy stop....right
This is for long.
On IB

On the second touch? I'd just set an alert at the level the first time it touches, then manually place a limit bid when the alert goes off.

I guess the question is "how do you define a touch?". Does it need to go down, then up, then down again? Or are two consecutive prints below your level enough to trigger the order?

I feel like you're trying to be a bit too clever, though. Why not just buy it the first time it hits your level?

 

[Red_Cheesepie]

What is the USD 2K? is entire trading account or approx investment per ticker?

Hv u tried trading a dummy account yet?

Btw don't forget custodian fees

Not sure if is possible to have long term investment account starting with USD2k, then slowly build up by buying more shares as i got more cash and do more research..

 

[Perisher]

Not sure if is possible to have long term investment account starting with USD2k, then slowly build up by buying more shares as i got more cash and do more research..

Ya, can. I build up my account over time too. I started buying JNJ at USD$62 for 10 shares back in 2012.

 

[Shiny Things]

Not sure if is possible to have long term investment account starting with USD2k, then slowly build up by buying more shares as i got more cash and do more research..

It's totally possible. I started with a few thousand.

 

[xiao.xin]

Since you guys on the topic, then I went to check, Vickers is at $2/ counter. Not really very chor leh.... mai scare me :O

Anyway, anyone looking at BBRY? Expect them to come back alive with their management and diversifying their business beyond phones. Any opinions?

 

[IronMac]

Not sure if is possible to have long term investment account starting with USD2k, then slowly build up by buying more shares as i got more cash and do more research..

Of course you can start with that. I started with USD3400.

 

[Perisher]

Since you guys on the topic, then I went to check, Vickers is at $2/ counter. Not really very chor leh.... mai scare me :O

Anyway, anyone looking at BBRY? Expect them to come back alive with their management and diversifying their business beyond phones. Any opinions?

U meant custody fee?
http://www.dbsvonline.com/English/P...tNum=&Alternate=&Level=Public&ResidentType=#3

$2 per counter (per quarter)per month which is $24 per counter per year.
If you have just 10 stock in US, you will be charge $240 annually for nothing.
I have over 30 counter...

Another thing is if you have just 10 counter, they already charge you $300 commission buy/sell. Scb would only cost you a fraction of that, like $50 depending on the stock price? After that, nothing else, 0 other charges.

So you are paying likely $500++ more for owning 10 counter, and the $$ keep stacking if you keep the stock for long. If you keep trading, the commission would cost a lot.

Also found out DBSV charges $$ for dividends and corporate action which is free for SCB. The savings is big if you collect dividends or have upcoming M&A or whatever action by a company.

Sugguest you switch to IB or SCB if you are serious about investing in US. Of course if you are buying/selling super big then maybe not much difference.

 

[archcherub]

Sugguest you switch to IB or SCB if you are serious about investing in US. Of course if you are buying/selling super big then maybe not much difference.

Agreed. If you do plenty of options or stocks purchase/sales that has at least $10 of commission per month, OR total of $100,000 stocks.
Then go ahead and use IB. its soo much better.

If not, use SCB, it is a really so much better than all these DBS Vickers, POEMS that charge u custodian fees....
SCB is great.


Personally I use IB, because i do option sales, and the commission i generated is about $10 per month, so i dont have to pay extra for the market data feeds.

 

[lambo_elemento]

I feel like you're trying to be a bit too clever, though. Why not just buy it the first time it hits your level?

i dont want to catch a falling knife and i dont want to chase either. just want to put the order there and not see it. i'll just keep shifting the levels when i do.

Not sure if is possible to have long term investment account starting with USD2k, then slowly build up by buying more shares as i got more cash and do more research..

check out thinkorswim as another option.
btw is this USD 2K an amount you can afford to lose?

 

[GoldenBargain]

i dont want to catch a falling knife and i dont want to chase either. just want to put the order there and not see it. i'll just keep shifting the levels when i do.



check out thinkorswim as another option.
btw is this USD 2K an amount you can afford to lose?

Well if you are going LONG on the stock, and it is blue chip...decide on a reasonable price, and place a limit order. Then don't look at it. It is very difficult to time the market. Sometimes you manage to buy it rock bottom...sometimes...you can be off the mark. But it evens out if you do your DD. At the end of the day...if it is a blue chip...in time to come...it will appreciate...you just got to be patient...sit back and enjoy dividends while you wait.

 

[Fattyboiboi]

Actually most of the local brokers do waive the counter fees if u do a min # of trades each mth or per qtr. Usually is either 2 a mth or 6 per qtr, that should get the waiver. Check with your broker again.

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