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Messages - Orca

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571
Off topic / Re: Live chat
« on: June 23, 2016, 05:56:24 pm »
If Brexit wins, then Italy and Spain will be next to have a referendum. EU Commission to look at having 2 different Euros. One for the poorer countries and one for the richer. Euro1 and Euro2.

572
Off topic / Re: Live chat
« on: June 22, 2016, 08:28:47 pm »
I just don't know but I would not like to invest my life savings in an obscure broker that states they are headquartered and regulated in Geneva but your money goes to an office in Panama or Singapore where the regulators have no powers.
Most are in house gambling dens where your money does not actually go to the stock exchange but is traded within the company between members as in a casino.
Stick with banks in SA as you will have FSB behind you as you would not want to travel to Panama to fight for your money. Been there and lost out.

 

573
Off topic / Re: Live chat
« on: June 22, 2016, 04:06:39 pm »
These brokers are not conventional brokers so I would not trust all my money with them. Most go bang eventually.
Here is a review on Saxo. http://www.forexpeacearmy.com/public/review/www.saxobank.com
Here is a review on Interactive Brokers. http://www.forexpeacearmy.com/public/review/www.interactivebrokers.com
Here is a video.

574
Off topic / Live chat
« on: June 21, 2016, 05:32:08 pm »
Trading of the GBP may be suspended.

575
Off topic / Re: Live chat
« on: June 21, 2016, 05:12:33 pm »
Friday may be a black Friday for UK. Trading suspension for the FTSE and a halt on the exchange rate mechanism to stop the pound getting pounded is expected.---Sorros.

576
Off topic / Re: Live chat
« on: June 21, 2016, 12:43:54 pm »
Scroll down to "World Trader" and click on "Read more". Just a comparison to whatever broker you are going to use for foreign investment.

578
Shares / Re: new to this
« on: June 20, 2016, 10:07:03 pm »
Do not gamble with real money. You will loose believe you me.
Look at jadDEB. He lost big time over the years with his commodities and is only now having a lucky streak.
Bread has lost 20%+ in as many days as fingers I can stick in my nostril with PPC. Wow. Then he took a gamble on Spar with real money and lost out with 5% odd if not 15% in a few days.

Just stick with Index stocks and ETF's if you are not sure. On the long run, you will smile and not have to worry about single stocks and when to sell if they tank.

Most single stocks are cyclycle and it takes some intensive research to find the right ones that keep going up.

579
YTD.

DIVTRX up by 16%
STXIND up by 4%
DBXUS up by 2%
DBXEU down by 7%
 :TU:

580
Off topic / Re: Live chat
« on: June 16, 2016, 07:42:29 pm »
I know that but traders and investors are confused at the direction to take. Markets were down as was the ZAR but recovered nicely due to turbulence from Brexit.

581
Off topic / Re: Live chat
« on: June 16, 2016, 07:15:54 pm »
Thats correct Moon and @Q is living in a dream world with his night shades on.

582
Off topic / Re: Live chat
« on: June 16, 2016, 05:41:43 pm »
I suspect it is market turbulence due to polls showing Brexit winning. Even the Fed has put the rate hike on hold.

583
Off topic / Re: Live chat
« on: June 16, 2016, 11:51:46 am »
I did say that the JSE was NOT hacked. Read properly.

584
Off topic / Re: Live chat
« on: June 15, 2016, 09:14:43 pm »
Oakbay drop was not due to hackers. It is a JSE listing and it cannot be hacked. It is traded but as an illiquid stock, it has a large spread as traders are desperate to get out. Perhaps it was a rogue trade or a mistake trade that was fixed by the JSE staff.

585
Off topic / Re: Live chat
« on: June 15, 2016, 12:31:51 pm »
Brexit will be the beginning of the end for the Euro zone and will have dire consequences throughout the western world----CityWire...UK.

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