- What is contra trading?
- How do you get a brokerage licence and become a stock broker?
- What is the difference between IPO offer shares and placement shares?
- Who decides the opening price of a stock? (How does pre-opening work?)
- What is 1 lot?
- Myths and Facts of ETFs (Exchange Traded Funds)
- What does IPO mean?
Starting Out
Making the actual trade
Now that you have decided that you want to invest, and you have considered what is the investment style you would like to try, it is time to make the actual trade.
In Singapore, the stock market is open every weekday from 9am to 5pm, with lunch breaks at 12.30pm to 2.00pm. Before the market opens there is this session called pre-open from 8.30am to 8.59am. During this pre-open period, no trades are done, but people are allowed to submit their orders to queue, such that all these orders will then get done simultaneously at 8.59am before the market officially opens.
Recommended books
In anything you do, there is nothing better than education to give you a better fighting chance against the other professionals in the arena. This is one of the reasons why I seldom recommend people to give money to a financial advisor without spending some of their own time doing reasearch on investments, and also research on the financial advisor.
These are some of the books I recommend people to buy or borrow and read when they want to be proficient in investments and growing their assets. It is also categorised into certain topics that people might have a particular interest for.
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