*Official* MasterLeong Thread

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EvilPaladin

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Wow, Your KC was bought at oil peak then?

bought at 9.5 when oil recovered only to drop again. and then dca till 8.

will dca again - but as of now, im looking into doing it to M1 since that position is small and i do think M1 will bottom soon.

Uncle168 got confidence, Uncle Choo Chiau Beng got confidence, so i follow :s13::s13::s13:


My price is 1.88 for M1, i dont think will reach liao unless some black swan happens now
 

MasterLeong

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Sorry, want to ask some fundamental qn.
Let say I buy from MBKE trading platform. Am I also subjected to T+3 settlement date? Means I buy the share on Monday and I need to pay it on Thursday?

Also from the same scenario, if I buy on Monday, and the settlement date is T+3, I can also sell it at the next day or wednesday if share price increase, or got better, correct?

Pai seh, really first time using this platform. Not used to it. I'm a old type user of paper-filling form for buying shares de. :s12:

normal trading account? yes... u can sell within settlement date and its considered a contra trade

however such short term trade is STRONGLY NOT ADVISED, its as good as punting
 

MasterLeong

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initiation of new position
bought 5,000 MCT today at 1.42
will add more if it goes lower
my expected yield in 2017 is around 6%

updated reit portfolio
CMT FCT
CCT SUN MCT

strategy
SUN & MCT are top of STI reserve list, hope that in 2017 sti review... 1 or both of them can make it into STI 30

cheers
 

Average

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Sorry, want to ask some fundamental qn.
Let say I buy from MBKE trading platform. Am I also subjected to T+3 settlement date? Means I buy the share on Monday and I need to pay it on Thursday?

Also from the same scenario, if I buy on Monday, and the settlement date is T+3, I can also sell it at the next day or wednesday if share price increase, or got better, correct?

Pai seh, really first time using this platform. Not used to it. I'm a old type user of paper-filling form for buying shares de. :s12:
if cash acct and u wanna sell before paying, make sure u choose contra sell. else there will be no knock off. u still need to pay for ur buy trade, thrn get ur cash for selling later on separate transactions.

cash acct T+3 means u buy friday, settle on wed. but if u paying via eps, need to pay on tues before 9.30pm.
**u cant contra sell on settlement date.

for prefunded trade, no option to contra. but can sell before the buy trade settlement too. the shares are held in mbke custodian acct.

Sent from 穷小子 using GAGT
 
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lewissac

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if cash acct and u wanna sell before paying, make sure u choose contra sell. else there will be no knock off. u still need to pay for ur buy trade, thrn get ur cash for selling later on separate transactions.

cash acct T+3 means u buy friday, settle on wed. but if u paying via eps, need to pay on tues before 9.30pm.
**u cant contra sell on settlement date.

for prefunded trade, no option to contra. but can sell before the buy trade settlement too. the shares are held in mbke custodian acct.

Sent from 穷小子 using GAGT

Yup, I'm using MBKE prefunded. So basically I can buy and sell (if I want to) before the settlement date as there's no contra option?
 
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