Well said Duit. Never look down on people. I'm just giving Desa gentle reminder , because he seems over confident recently in i3. If fall then will be very painful lo.
A margin owner need to bear in mind potential margin call....whenever share market drop or banks change their policy, capping and valuation of the security loh.....!!
Using margin is not itself bad, it is the skill and how use it, that determine whether u are competent to use it mah.....!!
Margin is just bank borrowings.....for shares, why should we avoid not plague....learn how to use it, master it..this will offer u monies making opportunity loh.....!!
Just like business loan.....why business man borrow ??
This applies to housing loan too....why should u borrow to buy a house, what happen u lose your job....u may not able to service your housing loan....in case u cannot get back another good job....!!
All loan has risk loh.....not only margin loan mah...!!
margin is a good tool for trader. But the rule is you must be an intelligence and smart trader. otherwise, it will bring u jump from building. So newbies dont just read then goto apply margin. u will die very fast.
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....
soros228
2,039 posts
Posted by soros228 > 2016-02-20 10:17 | Report Abuse
Don't look down on people like me.
Although I'm just a fisherman.