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Cow coming Home Private ID: 101542879
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    Currently, Mooers can only set up RSPs to invest in mutual funds and unit trusts, and payments are frequently made in cash from either the MooMoo universal account or their bank account.
    Thus, aside from the precise NAV price (*1), using money from 401(k), CPF, and SRS (*2), and allowing RSP for stocks and ETFs (*3), $Futu Holdings Ltd(FUTU.US)$ may consider allowing Mooers to select MooMoo ...
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    Given for every trade there is a buyer & seller, pls clarify how you calculate Capital inflow/outflow, which should have been defined in Moomoo article.
    This year the trio of DBS, UOB and OCBC have contributed more than 25% of the average daily turnover of the Singapore stock market, while averaging a 3% YTD total return following the 25% average total return in 2021. Institutions have also been net sellers of the trio in the 2022 YTD, following on from net buying in 2021.
    1. DBS
    DBS beats forecasts with Q2 earnings up 7%, boosted by interest rate hikes.
    2. UOB
    United Overseas Bank (UOB) has reported a net pr...
    Singapore banks reported 1H22 results
    3
    Spoiler:
    At the end of this post, there is a chance for you to win points!
    Happy Monday mooers! How's your Christmas going? Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
    Part Ⅰ: Make Your Choices
    Part Ⅱ: Buzzing Stocks List & Mooers Comments
    Every major index moved upward, R...
    Weekly Buzz: What is SOPA? Why did it soar 382.48%?
    Weekly Buzz: What is SOPA? Why did it soar 382.48%?
    Weekly Buzz: What is SOPA? Why did it soar 382.48%?
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    Cow coming Home commented on
    For this post, let's take short-term trading as intra-day trading that last from seconds to minutues. It's commonly termed as scalp, intrad-day swing trading. I'll use scalp here.
    Why Scalp?
    -- If you have a positive expectancy strategy, how do you make more $ from the strategy? One way is to generate more trades, the more the merrier! Why do casinos give you "free" goodies (cheap rooms, meal, drinks, etc)? To attract as many people to play (ie. trades) in the casino as possible! The more trades, the more they make; it's a number game.
    -- Since scalping is so short-term, there is no need to trade many different instruments/symbols. No need to scan the thousands of stocks, options, etc. Save all those time scanning. looking at many charts, company fundamentals . Just focus on trading that 1 symbol. More productive use of your time, right?
    -- No over-night risk. After you finish scalping, go sleep without fear of any nasty surprises when you wake up the next day. No position in the market = no market risk.
    What to Scalp?
    Must choose a instrument that has sufficient movement, daily range & liquidity. That movement should translate to good profit, ROI. So what do I scalp? My favorite is the emini index futures, specifically, symbol ES which is the S&P500 index futures. 1 tick (minimum price move) is 0.25 points for ES, & has a value of US$12.50 per contract (all dollar value is USD). You can get fee for a round-turn trade/contract of about $4 from discount broker. So, with just 1 tick profit, not only cover fee, just got profit (12.50-4.00) For example, On 7 Dec (Thur), during RTH (regular trading hours, meaning when the US stock market is open), the ES has a range of 50 points with 1.4 million contracts traded (very liquid). 50 pts translate to US$2,500/contract. Intra-day margin/contract about $500. 2500/500=500% ROI ! This is the power of a leverage product, which the ES is.
    How to Scalp?
    Trade mainly technically, although high impact news could move price. So must have good technical skills. Like other types of trading, the 3M of trading is important. Method, Mind, & Money Management.
    I'll stop here for now; don't even know whether ppl will read it. If u did, thanks for time.
    Have a great day!
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