US Election is once every 4 years, but how does it impact the markets?
This post was originally posted here. The contributor to this article,@Denise is one of our many community members on InvestingNote.
update: Joe Biden wins the Presidency with 290 seatsđ
In the meanwhile, it could still be a period of volatility as the markets wait for a smooth transition (if there even is). So even though it seems like the President of the US has alr been highly-likely decided, it should be noted that there are still various ways the US Election can be contested.
Nevertheless, here are some macroeconomics principles that you’d be keen to know of:
[After all, this won’t be the last Presidential Election because there will always be another one every 4 years. Hence, the same factors would still apply.]
Just a quick backdrop:
On August 31st, 1957, diplomatic relations between Malaysia and the US were established when the US elevated its Consulate General in Kuala Lumpur to the status of the Embassy.
The SG ACTIVE TRADING TOURNAMENT (SGATT) 2020 HAS OFFICIALLY CONCLUDED!
We started this annual tournament with the goal of finding Singapore’s Top Traders.
As Singapore’s largest and most anticipated virtual trading tournament, there were over 2,000 participants during our Elimination round, and only the top 10 traders who made it to the leaderboard can compete in the Final Round. In the Final Round, only the Top 3 will be crowned as Singapore’s Top Traders. Check out last year’s Top traders here.
Now that SG Active Trading Tournament comes to an end, we’ve finally found them.
These are the TOP Traders in Singapore! Congratulations!
In 3rd in place @tradingnote Wee Yi Xiang (18.55% total portfolio returns), with the prize of $1000 cash!Â
In 2nd in place is @kennychia Kenny Chia (18.74% total portfolio returns), with the prize of $2000 cash!
And finally, our Ultimate Winning Trader, @thebearprowl Aaron Sim (28.14% total portfolio returns), with the Grand Prize of $4000 cash!Â
@thebearprowl was also 2018’s SGX Bull Charge Stock Challenge Grand Winner.
@kennychia was also the Grand Winner for the Investor-One Stock Pitch Challenge 2019.
Due to the current COVID-19 situation, we held our prize ceremony via a LIVE webinar this year. This included a Market Outlook 4Q2020 by special guests: SGX Market Strategist Geoff Howie, Desmond Leong, CEO of Everest Fortune Group, and Alvin Li, Vice President at Societe Generale.
Also, the Top Traders themselves shared their trading insights with audience.
A very big shoutout & thank you to everyone who participated in SGâs Biggest Active Trading Tournament, and especially to our co-organizer Societe Generale, our sponsor the Singapore Exchange (SGX) and all our associated media partners who’ve help make it a success.
Once again, we would like to show our appreciation and support to everyone for making this tournament a success!
We will see you again next year!
Become a part of our community and also see what other investors are saying about the current market right now: (click on the view now button)
InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.
Join us for this LIVE Market Commentary as the US Election is about to happen!
Hosted by Li Guang Sheng, one of our top veteran community members, investment specialist, trading representative from PhillipCapital.
In the last 2016 US election during a seminar, Guang Sheng forecasted that Trump would become president based on several key factors.
Key things that will be addressed during this webinar:
â Trump vs Biden: who’s likely to win?
â If Trump wins again, what stocks and sectors to look at?
â If Trump loses, what will happen to the stock markets?
US Election only happens every 4 years. Don’t miss this webinar!
Register now!
InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.
Participants will be given virtual capital to trade using real market data with $10,000 worth of prizes up for grab.
Also, two people will stand a chance to WIN an Apple Airpods Pro each (worth $400) just by registering as a participant!
One lucky winner who registered and trades at least 3 times will also be eligible to win an Apple iWatch Series 5!
Last year, we had more than 2,000 participants joining this tournament.
This tournament is FREE for all to join. Beginners who are interested to trade but are unsure on how to, this will be a great opportunity for you to get started. If you already a pro trader, be sure not to miss out on this active trading challenge and stand a chance to walk away with fame, glory and amazing prizes!
InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.
With more than 2,000 participants last year, this year participants will battle it out with other traders, through the trading of an instrument called Daily Leverage Certificate (DLC).
This tournament consists of 2 rounds:
Elimination Round (from 10 Sep 2020 – 30 Sep 2020): A free-for-all trading simulation that includes all participants. Top 10 traders based on highest total portfolio returns will be selected. A minimum of four trades for each participant is also required to be the top 10 traders.Â
Final Round (from 12 Oct 2020 – 23 Oct 2020): Top 10 traders will compete against each other. The top 3 traders with highest portfolio returns will win a prize. A minimum of four trades for each participant is also required to be the top 3 traders.
Daily Leverage Certificates (DLC) are exchange-traded financial products that enable investors to take a leveraged exposure to an Underlying Asset, such as an equity index or a single stock (Full list of DLCs). Daily Leverage Certificates replicate the performance of an Underlying Asset versus its previous day closing level, with a fixed leverage factor.
There are two types of Daily Leverage Certificates – Daily Long and Daily Short which enable investors to take a long or short exposure to an Underlying Asset.
Getting Started: what can you do with a DLC?
Long DLCs allow you to generate leveraged gains when the Underlying Asset goes up. On the other hand, Short DLCs increase in value when the Underlying Asset goes down, allowing investors to achieve positive and leveraged gains during market downturn.
Example:Â 5x Long DBSÂ
5x Long DBS is at S$2. Buy 500 shares of this DLC with S$1000 when DBS is at S$25.
DBS goes up from S$25 to S$25.5, i.e. up 2%.
5x Long DBS will go up from S$2 to S$2.2, i.e. up by 2% x 5 = 10% compared to the previous day close.
Example:Â 5x Short TencentÂ
5x Short Tencent is at S$1. Buy 1,000 shares of this DLC with S$1,000 when Tencent is at HK$300.
Tencent goes up from HK$300 to HK$309, i.e. up by 3%.
5x Short DLC will go down from S$1 to $0.85, i.e. down by 3% x 5 = 15% compared to the previous day close.
How to identify a DLC?
For example, a 5x DLC with DBS as an underlying would be known as DLC SG5xLong DBS, with the following ticker DOXW.
Registration will begin from 24 August 2020 to 30 September 2020, and the âTrading Tournamentâ will be conducted from 10 September (9am) to 23 October 2020 (5pm), both dates inclusive (the âCampaign Periodâ).
The Campaign consists of 2 rounds:
Elimination Round (from 10 Sep 2020 – 30 Sept 2020): A free-for-all trading simulation that includes all participants. Top 10 traders based on highest total portfolio returns will be selected. A minimum of four trades for each participant is also required to be the top 10 traders.Â
Final Round (from 12 Oct 2020 – 23 Oct 2020): Top 10 traders will compete against each other. The top 3 traders with highest portfolio returns will win a prize. A minimum of four trades for each participant is also required to be the top 3 traders.
Winners and Prizes**
Types of winners
Amount
Round Eligibility
Daily winners
$60 worth of prizes^ per trading day during Elimination Round
Elimination Round
Grand winners
1st: S$4,000Â
2nd: S$2,000
3rd: S$1,000
Final Round
Daily winners: Selected based on the biggest realised profit (absolute positive return) for any single DLC instrument on the particular trading day during the elimination round.
Example: Participant A bought DLC X on day 1, sold it on day 3 with S$1,000 realised profit. Participant B bought DLC Y on day 2, closed half his position on day 3 for a realised profit of S$750 while the remaining half of his position has an unrealized profit of S$750. In this case, Participant A will be chosen as the Daily winner for day 3 as the selection is based on realised profits only. Profit calculations are based on a First-In-First-Out basis in the case of participant B.
Grand winners: Top 3 participants with the highest total portfolio return in the final round. Grand winners will be required to have minimum four trades during the round.
*In order to be eligible âwinnersâ, participants must send over their personal photo and real identity details.
^Prizes are to be determined and carry a value of up to S$60.
Other Prizes:
1x Apple Watch Series 5: One winner will be selected randomly amongst registered participants, who made at least 3 times during the Elimination Round.
2x Apple Airpods Pro: Two winners will be selected randomly amongst all participants who registered.
Eligibility and Entry
Upon registration, participation will be confirmed upon receiving a notification via email. All registered participants will be required to have an InvestingNote account in order to participate in this Campaign. Each participant is only eligible for one (1) virtual trading account.
The simulation trading tournament will be held on the InvestingNote website platform (https://www.investingnote.com) based on virtual money. Every trade is subject to a fixed commission rate of S$10 or a 0.08% per trade, whichever is higher.
Tournament Details:
To participate in the Campaign, participants are required to carry out the following:-
(a) Register on the Campaign Registration Page hosted on www.investingnote.com within the Campaign Period;
(b) Participants are required to provide Name as per NRIC/Passport, Mobile Number and Email Address.
(c) Build a simulated investment portfolio with a virtual initial capital of one hundred thousand Singapore dollars (S$100,000) through trading predefined securities products listed on SGX, specifically Daily Leverage Certificates (DLC) within the Campaign Period.
Tradable securities are only Daily Leverage Certificates (DLC) for the purpose of this tournament. The list of available DLCs for trading can be found at InvestingNote.comÂ
Each registered participant will be given S$100,000 virtual capital to trade in the Elimination Round.Â
Top 10 traders in the Final Round, will be given fresh virtual capital of S$100,000 each. They are to trade to win based on the new capital of S$100,000.Â
Only Market Orders can be placed – participants will have to monitor the market actively to buy and sell. No advanced order is allowed.
Orders are only allowed during periods where the Designated Market Maker is providing a market on the DLCs. The regular trading hours on trading days are listed below:Â
Singapore DLCs (both index and single stocks) : 9am to 12pm; 1pm to 5pm.
Hong Kong index DLCs: 9:15am to 12pm; 1pm to 4:30pm
Hong Kong stock DLCs: 9:30am to 12pm; 1pm to 4pm
In the case of a halt or suspension of the underlying asset or DLC, it will not be tradable.Â
Short selling of DLCs are not permitted.Â
No margin account is allowed.
In the event that any securities products in the participantâs portfolio is suspended and halt at any point in time during the Campaign Period, the holdings of these securities will be calculated based on the last intrinsic close.
Only realised profits will be taken into account at the end of the campaign. In the case of open positions not closed out by the end of the Campaign, the intrinsic close will be used to calculate the gain/loss.
During the Campaign Period, a leaderboard showing the most updated results of participants will be shown. The leaderboard will be updated periodically.
During the Campaign period, the participantsâ portfolios will be set to âpublicâ and will be visible to external visitors.
All registered participants will be automatically added into a private group âActive Tradersâ Clubâ to access more information on the tournament and other details on InvestingNote.com.
The Organizer reserves the right to change the game rules, prizes and winners, including the right to review any suspicious activity.
General Terms and Conditions
Any form of abuses, hacks or cheating is strongly prohibited. Those who are against the Terms and Conditions will be disqualified.Â
In view of us switching to a virtual prize ceremony, all prize winners must come down to InvestingNote’s office by 26 October 2020 to physically collect their prize, attend virtual prize ceremony. This is non-negotiable.
By participating in the Campaign, participants shall be deemed to have read, understood, accepted and be bound by (i) these Terms and Conditions and (ii) the Terms of Service of InvestingNote.com.
The participant hereby confirms, represents and warrants that such participant is not and will not be in breach of any law in such participantâs country of residence or other applicable law regarding the legality of entering into and participating in the Campaign. The Organizer, its affiliates, partners, sponsors, service providers and their respective employees, officers, agents and representatives, shall not be responsible or liable for the participants in the Campaign in breach of such laws. Each participant is advised to check and seek relevant advice on the applicable laws before participating in the Campaign.
The participant consents and authorises the Organizer and its partners to collect, store, use and disclose the information provided by such participant or collected during or after Campaign (including name, contact details, email addresses and other personal data and information) for the purpose of or in connection with the Campaign and ancillary purposes, including without limitation the following: (i) planning and administration of the Campaign; (ii) promotion, advertising and/or marketing the Campaign (present or future) and/or other events and activities organised or sponsored by the Organizer.
The Organizer reserves the right, at any time to reverse, delete or update any transaction in the simulation platform placed by participants as it deems fit.
The Organizer reserves the right to halt, withdraw or cancel the Campaign or to amend or change these Terms and Conditions at any time for whatever reason and without giving prior notice. The decision of the Organizer on all matters relating to or in connection with the Campaign is final, and no correspondence will be entertained.
The Organizer reserves the right, at any time in its sole and absolute discretion to substitute or alter any of the prizes without notice to the participants.
The Prizes used in all marketing collaterals pertaining to the Draws are for illustration purposes and actual Prizes may vary in terms of colour etc. The winners shall accept their respective Prizes âas they areâ.
The Organizers make no representation or warranty to the quality of the Prizes and assumes no liability or responsibility for any defects or non-performance of the Prizes.
The Organizers are not responsible for any Prize losses or claims caused by error in entry of personal particulars.
Prizes are not transferable or exchangeable for cash or any other items.
Staff of the associated Organizers will not be eligible to win prizes in this campaign.
InvestingNote is the first and largest social network for investors in Singapore. Find out more about us here.
We run the largest community of investors in Singapore and every new year, this is THE #1 question every investor will ask:
Which part of the stock market will help me to profit better in 2020?
Fact is, our local market has been stuck in a trading range for a large part of 2019.
After making a low last October, local banks, big developers and particularly electronics manufacturers have a good run, partly fuelled by US markets hitting an all-time and progress made in US-China trade talk.
Investors heaved a sign of relief but is this run likely to be short-lived, especially with more geopolitical tensions like the US-Iran situation surfacing?
So this time, the question is not just which part of the stock market will help me to profit better in 2020, but also what to avoid in 2020.
Experienced investors and traders will sense a storm is brewing – it’s been more than 13 years since the previous one. Doomsayers have been warning about an impending crash since years ago and it’s not hard to understand why.
At some point, the consequences of the loose monetary policies, geopolitical conflicts, and rising debt levels will break out into a global financial “storm”.
To help you get a better understanding of the market this year, we’re inviting you to an exclusive Market Outlook For 2020, which also happens to be the first of the year.
To give you a headstart this year, veteran speaker CK Ee will be sharing on the following:
â Hidden forces (apart from global economic/political events) that drive the market and why most investors and traders lose money
â How to recognize signs of a bear market in the making and take advantage of it
â What are some of the variables to keep tab on during market slowdown?
â Which market will reap the most benefits and which will be most affected
â Gain insight into the various asset classes and more!
Due to popular demand, this seminar will have strictly limited seats (more than half of the seats taken during 1st day of registration).
Register for yours now before it runs out!Â
This event is exclusively hosted and sponsored by City Index Singapore.
The First Workshop of 2020: Gear Up For Trading in 2020 with The Traders’ Circle!
Come on January 11th 2020, Saturday 10am – 1pm, for this exclusive, intensive and informative workshop hosted by 2 acclaimed speakers spanning from 10am to 1pm.
Packing Stocks, Forex and CFDs into one single setting!
Session 1: Spot Turning Points In The Market With Trendlines By Jay Tun
Regardless if you are new to trading or has been trading for awhile, knowing where the turning points possibly are will undeniably give you an edge in the market.
To the untrained eye, it seems almost magical how some of the “experts” are able to know whether a trend is changing in advance.
In this session, Jay will showcase how he use trendline to tell the strength of trend as well as to spot possible turning points in the market using it.
You will learn:
â What are trendlines?
â What makes trendlines effective?
â Trendlines vs Support & Resistance: which is better?
â Using trendlines to spot possible turning points.
â Incorporating trendlines into your analysis?
Session 2: Secrets To Making Money From The Forex Markets By Karen Foo
Forex markets are extremely volatile and most retail traders don’t make money.
Karen, ranked #1 in a Singapore nationwide Forex trading competition will show you her secrets in successful FX trading. Here’s what you’d learn:
â 4 vital components you need to success as a forex trader
â How to determine forex entry points with confirmation
â Why risk management is more important than your trading system
â How to ensure that your trading will last and be profitable in the long run
â How to determine if your trading system is profitable
Register now, come later! http://bit.ly/traderscircle…
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. this event is exclusively hosted and sponsored by City Index Singapore
Essential Stock Market And Investing Wisdoms For Every Investor In 2020 (guest post)
If you think Stock Investing is hard, you are right.
If you think Stock Investing is easy, you are also right.
Over time, different legends have emerged from the stock market and these are the wisdom shared that every investor needs to know by 2020.
This post was originally posted here. The writer is a veteran community member on InvestingNote, with username known as Spinning_Top and close to 500 followers.
12 Market Wisdoms From Gerald Loeb:
1. The most important single factor in shaping security markets is public psychology.
2. To make money in the stock market you either have to be ahead of the crowd or very sure they are going in the same direction for some time to come.
3. Accepting losses is the most important single investment device to insure safety of capital.
4. The difference between the investor who year in and year out procures for himself a final net profit, and the one who is usually in the red, is not entirely a question of superior selection of stocks or superior timing. Rather, it is also a case of knowing how to capitalize successes and curtail failures.
5. One useful fact to remember is that the most important indications are made in the early stages of a broad market move. Nine times out of ten the leaders of an advance are the stocks that make new highs ahead of the averages.
6. There is a saying, âA picture is worth a thousand words.â One might paraphrase this by saying a profit is worth more than endless alibis or explanations. . . prices and trends are really the best and simplest âindicatorsâ you can find.
7. Profits can be made safely only when the opportunity is available and not just because they happen to be desired or needed.
8. Willingness and ability to hold funds uninvested while awaiting real opportunities is a key to success in the battle for investment survival.
9. In addition to many other contributing factors of inflation or deflation, a very great factor is the psychological. The fact that people think prices are going to advance or decline very much contributes to their movement, and the very momentum of the trend itself tends to perpetuate itself. …
