Trading Tools

FREE Tools that i use for stock analysis

free-trading-tools-singapore-rolex-king

People always ask me where to find information on US stocks ar? Every investor should be well equipped with the correct tools before they start. Information is key! Below are the tools i use daily for creating my winning portfolio.

Trading View – Free interactive stock charting tool.

Finviz – My favourite stock screener, lots of advance filters, fundamentals and technical all covered.

Seeking Alpha – For professional analysis and news updates.

Stocktwits – I don’t really use this, but its good to see how are people reacting to certain stocks. Sometime their comments might pull you back before you enter a trade.#

So what i usually do is use Finviz to look out for stocks. Then i will put the ticker in Trading view to understand the technical. After that i will go to Seeking Alpha to see if others are thinking like me. Learn to play around with all this tools, its quite addictive after you start 🙂

Do comment below if you have any free trading tools that i miss out!

Please note i only use the Free version. I don’t subscribe to them as i don’t do day trades hence it doesn’t really help me.

 

 

 

 

Advertisements

Commission, Commission, Commission

16501943

Just meet my BTM buddy who is gonna be station at USA for the next 2 years. Catch up abit, fatten up abit and talk cock abit. Then he told me that he have some investment using iFAST. Brought a few high risk funds from first state. Which is good, better than Insurance investment, so i asked him about the commission and the sales fee. He everything also don’t know, siao liao dunno isit kana chop. So i decided to do some research on First State funds for him.

FIRST STATE ASIAN GROWTH FUND (Reccomanded by FundSuperMart)

first-state

 

So you can see the fund charges is around 3% + iFast fee 1-3% depending on your adviser.

3-6% u can say very little but you see the fund growth, 6% average over 10 years. Means all your gains all go into fees and commission. If you have a investment now please go check your fees! Agents always avoid this kind of question one, call them to get your free Starbucks!

So what is the solution?

DIY, buy ETF off stock market. ETF charges easily less than 1%. Don’t let funds eat into your profits. Funds managers don’t get rich from investing, they get rich from your commission.

If die die want to use iFast, do it online, use fundsupermart, eliminate agent sales charge.

logo_fsm

Some investors have made fortunes through what appear to be superior analytical skills. Household names like Peter Lynch and Warren Buffett achieved their successes through picking individual stocks. Many more individuals you’ve never heard of have attempted similar strategies and failed. Even most professional mutual fund managers can’t beat the market, and while this is not a popular theory, Lynch and Buffett may have just been exceptionally lucky, even if they are financial whizzes. Highly regarded economists have, in fact, shown that a portfolio of randomly chosen stocks can perform as well as a carefully assembled one.

Yes, you may be able to beat the market, but with investment fees, taxes and human emotion working against you, you’re more likely to do so through luck. If you can merely earn the same returns as the market, you’ll be doing better than most people.

Quote from Investopedia.com

 

 

How to transfer stocks from DBS to IB

ib-vs-vickers

This is for personal experience. It took me a lot of calling to IB and DBS to clarify. Hope it help.

Just managed to do a DTC transfer from DBS vicker to IB.
Here are the steps on how to do it

Firstly, login DBS vickers and fill up the withdrawal of foreign stocks form.

Below are the information of interactive brokers.

DTC Participant 0534 Interactive Brokers
Account: UXXXXXXXX
Broker Contact Person: Asset Transfer Team
Broker Telephone Numbers: +1 312 542 6901
Broker Email/Fax No: No fax. Please email: Transfers@interactivebrokers.com

After submitting the withdrawal form, they will inform you where your stocks are held under, Mine was Pershing LLC, please take note of all the information as it will be required for the next step.

Next, go to IB account management > Position transfer > Free of payment. Fill up the required information base on the information DBS Vickers provided to you. Please note they might tell you to do the “Free of payment” request 5 days later.

Then you are done Happy trading!

Do you love money?

Hi, all. You guys can call me Ah King. My English is not very good so pardon my writing.

I started this blog because I love money. Leave this website now if you don’t love money as this blog is all about $$$$. Anyway i am not selling any services or products, i am just trying to record my trading journey on this blog. 

On this blog I will be sharing my US stocks investment portfolio and how I slowly profit my way to retirement. Feel free to comment on any of my post, no one is perfect, so please share you views so we all can learn together.

I started investing in March 2016, currently, I am in the green, around $27K SGD profits, you can take a look at my current winning portfolio here.

cropped-rolex-king1.jpg