$2000 to $500,000 with penny miners.

Discussion in 'Stocks & Derivatives' started by Wy So Lo, Mar 20, 2016.

  1. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    $500 is generally the minimum across the board
     
  2. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    You can buy them yourself but still pay brokerage, I think it's $25 per buy/sell order. Just link your current account with Commsec account, you will have to check if link is comparable as might need to be a specific account type. I have set it all up but still don't use it because I'm still using Direct shares, in the process of transferring portfolio from St George direct shares to Commsec.
     
  3. trew

    trew Active Member Silver Stacker

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    $500 minimum holding in a stock is an ASX requirement so would apply to all brokers

    If you want to own less than $500 you can buy $500 worth and then sell part of what you bought
    but you'll pay brokerage twice and lose part of the value in the spread - so probably isn't worth doing
     
  4. Wy So Lo

    Wy So Lo New Member

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    Ok I am back. What a PITA, problems delays more delays. Had trouble with ID, apparently i dont exist, anyway i did a trial deposit of a couple of hundred and after a week it emerged in my Etrade account. i will have to wait for another couple of days after i move some more cash in to account today. Been adding to the stack while i been waiting https://youtu.be/g-hVEnEBWLM .. It has cheered me up a bit getting such nice rounds. I was quite stressed when everything wasnt coming together but it should be all ok now. I only want to get a roll of pandas and aroll of monkeys, and the privateer round, then i will sit tight. Enough silver is enough.
     
  5. Wy So Lo

    Wy So Lo New Member

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    I heard Marins previous boss/partner saying he was the best mining stock analyst on the planet.
     
  6. Wy So Lo

    Wy So Lo New Member

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    Etrade covers ASX TSX NYSX but the brokerage with Toronto and New York is high. Having said that i will probably still grab a couple of TSX stocks. Brazil Resources has amazing potential. and almost zero risk.
     
  7. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    So can someone please recommend me a cheap Melbourne broker that can buy me some Brazil Resources shares. Pretty please!
     
  8. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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  9. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    It's not too late to get a piece of further action if someone can direct me to a cheap Melbourne broker. :/
     
  10. VRS

    VRS Well-Known Member Silver Stacker

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    Don't bother - just go Bell Direct.

    Cheap as chips, best platform, best support, cheap r/t & streaming, easy peasy mate.

    https://www.belldirect.com.au/smarter/awards
     
  11. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Thanks! But can you buy TSXV stocks with that?
     
  12. VRS

    VRS Well-Known Member Silver Stacker

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    Nope.
     
  13. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    ^ shame coz I checked their fees and they are dirt cheap compared to a broker. :/
     
  14. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    Damn, my PLS and AJM stocks got slaughtered today, hopefully tomorrow isn't a repeat.
     
  15. Wy So Lo

    Wy So Lo New Member

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    Ok Placed order 16,200 EXU @.038 13100 ARU @ .046 see if i get a fill tomorrow.
    Minimum order value is $600 /trade ,, brokerage $19 i think. At that rate i would have to put in $3600 plus brokerage just to put in 6 trades. could not access TSX so i will have to get on to them , unless someone here knows etrade inner secrets.
     
  16. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    I've decided to open an account with them anyway. Thanks!
     
  17. Wy So Lo

    Wy So Lo New Member

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    For those that trade. I have always used one click platforms when i used to day trade, and always placed order "at market" Should i be doing the same here? or continue with a limit order, as they havnt yet been filled.???
     
  18. Wy So Lo

    Wy So Lo New Member

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    EXU Filled.. Small cap silver miners? any suggestions guys? Need at least two for the taking.
     
  19. kramer

    kramer Member

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    Azs. Azure minerals limited.
     
  20. Wy So Lo

    Wy So Lo New Member

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    Azure could be a corker. I particularly like the limited exploration that has gone into the area. The zones look good, so there is plenty of room for discovery. The short term downside is the copper exposure. Slowing global demand will be an issue for some time, however a ballistic move in silver should be all it takes to transform AZS into a darling. Thanks Kramer. Any others?
     

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