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Posted By Topic: help on trading       - Views: 2685
spyderbilt
13-Nov 2008 Thursday 6:31 PM (5843 days ago)               #1
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hi guys, i just started looking into investing.

Just a qn: seeing the situation of the stock market right now. I just like to find out more about short selling. the basic idea i understand. however, i have a POEMS cash management account, i was reading about short selling and i heard u need a CFD account to perform short selling??? can i do it with my CMA account? also what charges do i incur for short selling?



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weile
14-Nov 2008 Friday 1:15 AM (5843 days ago)            #2
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u get a penalty like fine for short selling.Normally they will limit u to a certain amount so u cant deal any short selling also.

This message was edited by weile on 14-Nov-2008 @ 1:16 AM




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Lrt
08-Dec 2008 Monday 1:41 PM (5819 days ago)            #3
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You should speak to you FA, I heard from next year SGX may allow forward contract trading, which mean u can buy or sell for 1 month forward settlement.



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