A recent newspaper report highlighted a trend of more retail forex traders in Singapore. One of the reasons of the rising popularity is the growing number of forex instructors in Singapore. Everyday, you will be able to see advertisements in the newspapers promoting forex training sessions. Some of their advertisements lure newbies by promising high […]
The SIMSCI is the name of the futures for Singapore MSCI Index. Macquarie is organising a guess the SIMSCI contest. For the current contest, details are as follows: Closing date for submissions: 07 Jan 2011, 06:00:00 PM Guess the level of the SiMSCI at: 14 Jan 2011, 05:15:00 PM Current SiMSCI future contact: January This […]
One way of trading the Singapore market is through the use of futures, which allows you to take either a long or short position in a cost efficient manner. On the SGX derivatives board, there is both the STI futures and MSCI Singapore futures (SiMSCI). Options on the SiMSCI are also available. Each point of […]
The majority of people in Singapore will probably earn their income in Singapore Dollars (S$) and spend most of it in S$ as well. For people like us, it then makes sense to plan our finances using S$ as the base currency. If you invest into overseas assets, you would want to know what is […]
How many of you can relate to this? Bought a share at $10. Price goes to $9.50 Should I sell and cut loss now? If Sell, pain = 10% If hold, pain = 5% (there is still hope) Decision = hold Price goes to $9 If Sell, pain = 20% If hold, pain = 10% […]