Monday, February 23, 2015

Buying limits

For counter below RM1.00, its better to buy atleast 15000units (150lots)
For counter RM1.00 and above, minimum advisable is 10000units (100lots)


Counter >=RM1.00
To play with counter RM1.00 and above, its advisable you have more than RM15000 in your CDS acc.

Counter RM1.00 and above, can move quite far and 1 bit is 1cent instead of half cent for counter below RM1.00 so your profit per bit is higher.
But make sure it moves higher than 2cents so that you can cover the brokerage fee since the fee is quite high, 5cents margin is comfortable.


Counter<RM1.00
This type of counter, its normal that the queue and the volume is big in number. i always try to buy 500lots so that i get more from 1 bit.


Counter<RM0.15
My sifu doesnt like this type of counter because as we can see, we can have high volume coming in and out but the price is not moving much.
i think, its best that i recognize this fact, rather than keep playing with cheap counter thinking i get more from high volume that i put in.


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