Buy Olam at S$1.26?
Should I buy Olam at S$1.26?
Why?
1. Green Supertrend signal appears.
2. First pullback after supertrend.
3. No bad news about Olam, only good.
Let's place order.
The rookie trader journal
The Meaning of CFD Trading in Singapore
CFD stands for Contracts For Differences. "It is an agreement between 2 parties to settle the difference between the opening and closing prices of the contract multiplied by the number of units of the underlying asset specified in the CFD. CFDs allow customers to participate in the price movement of an underlying product without actually owning the asset, which can be a share, an index, a commodity, etc. Phillip Securities offers the following types of CFDs: 1. Equities CFD (which includes Shares CFD and Shares Direct Market Access DMA CFD) 2. ETF CFD 3. World Indices CFD 4. Commodities CFD and 5. FX CFD I am studying CFD trading now because I want to trade in the US stocks. Compared with Singapore stocks, US stocks have bigger movements. Big movements could be up or down, which means it will be very risky. In the meantime, the markets in Singapore is again up a little bit this morning. It has been going up and down by point something percent in the last few days. That...
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