April is quite a difficult month to trade. The bullish momentum has lost steam but the stock market is not exactly plunging at the moment. Things are choppy, so it is difficult to predict a single direction for profit. Thus, there is a chance that short term options contract may end up expiring worthless when … Continue reading My Trading Journal (15 April 24)
Tag: personal finance
My Trading Journal (5 April 24)
Starting this new journal series to summarise my options trade for any particular day. 5 April 24 Trades [Trade 1] Bought 3 x Micron CALL I added 3 more positions to my original 5 positions of Micron Buy CALL contracts, with an expiration date of 20 Sept 24, at SP of USD200. I believe Micron … Continue reading My Trading Journal (5 April 24)
My Trading Journal (2 April 24)
Starting this new journal series to summarise my options trade for any particular day. 2 April 24 Trades [2 April 24] Sold 2 x CC on Tesla Tesla stock is not looking good, especially with the whole stock showing signs of correction and Tesla reporting disappointing delivery results on 2 April. The aim of this … Continue reading My Trading Journal (2 April 24)
How To Save More Money In Singapore? 8 Methods To Help You Save More Money For Retirement Or Investments
Saving money in Singapore can be challenging given our high cost of living, but it is not impossible. There are many ways to reduce your expenses and increase your income, without compromising your quality of life. Here are some tips to help you save money in Singapore:Method 1: Track your spending and budget wisely. You … Continue reading How To Save More Money In Singapore? 8 Methods To Help You Save More Money For Retirement Or Investments
Getting Liquidation Warning | Why I am Getting Liquidation Warning & What You Can Do If You Get Liquidation Warning
Recently I started getting a liquidation warning about my account not having enough funds and is at the risk of being liquidated. So, I called my brokerage (IBKR) to ask why I was getting these liquidation warnings despite having cash in the account. The agent told me that there were some positions that high on … Continue reading Getting Liquidation Warning | Why I am Getting Liquidation Warning & What You Can Do If You Get Liquidation Warning
How I Achieved 14x Return In One Trading Day
This is more of a lottery bet as I bought a CALL contract just before earnings and hope that a great earning result would cause the stock to go to the moon and it happened exactly. This stock is Meta, which beat analyst expectation on earnings and announced its first dividend payout, and it rose … Continue reading How I Achieved 14x Return In One Trading Day
My “Profitable Trades” Collection
As investors or traders, we yearned for this ultimate outcome: that is, to turn our time, efforts, and capital into something more than what we originally had. But it is not always the easiest outcome to achieve. 3 years into options trading and 11 years into stock investing, the learning curve is still steep as … Continue reading My “Profitable Trades” Collection
Welcome To Our New Community Group To Discuss Finance Related Topics & Matters
On new year's day, I went to buy 3 bottles of Manuka Honey (can only enjoy the 30% promotion with 3 bottles purchased), only to realise that I should have bought them the day before to avoid the additional 1% GST increase.Our cost of living has risen significantly over the past few years, with the … Continue reading Welcome To Our New Community Group To Discuss Finance Related Topics & Matters
I Was Margin Called & Got Liquidated For Owing My Brokerage USD1.44M | What To Do When You Get Margin Call | How To Prevent Liquidation
On 11 Jan 24, while logging into my brokerage account, I was surprised to find a notification that I was at risk of going into margins (not enough cash left and the brokerage has to lend money to you). I was surprised as I had more than 124k of cash sitting in my account earning … Continue reading I Was Margin Called & Got Liquidated For Owing My Brokerage USD1.44M | What To Do When You Get Margin Call | How To Prevent Liquidation
What Is WeBull’s MoneyBull, Interest Rate & Welcome Rewards?
If you are looking beyond capital-guaranteed, risk-free derivatives such as the Singapore Savings Bond (SSB) to earn potentially higher interest, you may want to consider WeBull's Moneybull program. What Is Moneybull? Moneybull is a wealth management tool designed for margin accounts to earn a yield on idle cash while maintaining liquidity. The yield is generated … Continue reading What Is WeBull’s MoneyBull, Interest Rate & Welcome Rewards?
Learning Investment With Jason Cai 