The main question Is ...RHB reporting portfolio management system flexible enough to cater for the rules in competition? Are they're willing to spend extra money to do modifications of their system or additional manpower?
I think shud set up an online investment aid to most newbies to learn basic Ta and the inter relationship elements e.g. forex/commodity type/risk management / interest / type of equity /shark behaviour / self physiology ......hooe thus is a Good and full of Blessing Competition.
If the Objectives are to Improve Newbies Investment Skill, shouldn't encourage them to use margin account and shouldn't approach from Rhb to offer Newbies to gear up the financial instrument.
Posted by Up_down > Nov 27, 2016 11:39 PM | Report Abuse Safeguard newbies money in the competition? Chap san la. Who can help them. They must understand the risks. ME : TRUUE INDEED, THEY SHOULD BE WARNED FOR WHAT MIGHT COME TO THEM.
Hope SC will ban this kind of competition. Serious money in play. Its encouraging people to bet their 100K in order to win prizes. The winner will be RHB as they will get a lot from brokerage. Sure KYY will get a portion of the brokerage fees.
Agreed! ------------------------- ah_boon Hope SC will ban this kind of competition. Serious money in play. Its encouraging people to bet their 100K in order to win prizes. The winner will be RHB as they will get a lot from brokerage.
For me , I cant follow to maintain 8 counters at all time. Think, it is for most beginners to diversify the risk. 2-4 counters wil be best for a nimble move and better focus on individually counters.
Posted by Up_down > Nov 27, 2016 11:53 PM | Report Abuse Easy to maintain 8 counters la... 4 counters with 1k each and another 4 counters with 24k each. Wakaka
Hmmm... very likely --------------- Mango Juice Another thing, with Mr Koon competition, he may publicize the names of participate putting much risk for them! I caution those who want to participate! You may end up losing your money and reputation at the same time given how Mr Koon treat fellow i3 here! 27/11/2016 23:52
This KYY is such a cruel person without considering the risk. Giving stupid idea of using real money for competition. Crazy fella. He should just keep quiet and concentrate in his so called education charity.
I hope it is a genuinely and good purposes to educate the young generation to invest, through competition. But, when in seriously money ??? 10-30 k ok lah . Lost all not that much also.
Interesting, 10k is sound more acceptable & manageable. ------------------------------------- Posted by VenFx > Nov 28, 2016 12:00 AM | Report Abuse I hope it is a genuinely and good purposes to educate the young generation to invest, through competition. But, when in seriously money ??? 10-30 k ok lah . Lost all not that much also.
100k....how about ask him sponsor you all the margin. If earn end of year you share profit half half with him. If lose he will not get any from you. But he sapu all your losing shares?
The modus operandi for this competition is for KYY to push up the share price which he already has position in it as each participant need to have 100K to be eligible. This crazy old man really don't consider about the risk and only want to enrich himself further.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockraider
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Posted by stockraider > 2016-11-27 23:14 | Report Abuse
Either System tracking...it can barred transaction breaking the rule too mah....!!
or
Another way....if u fail to maintain the rule...u will be disqualify also can loh.....this way people will becareful loh..!!