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How to Start Trading In The SG Active Trading Tournament [Tutorial]

How to Start Trading In The SG Active Trading Tournament [Tutorial]

Singapore’s biggest trading tournament is finally happening on Monday, 14 October 2019!

With more than 1,500 participants, participants will battle it out with other traders, through the trading of an instrument called Daily Leverage Certificate (DLC).

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This tournament consists of 2 rounds:

  • Elimination Round (from 14 Oct 2019 – 8 Nov 2019): 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. 
  • Final Round (from 18 Nov 2019 – 29 Nov 2019): 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.
  • Voting Period (from 18 Nov 2019 – 29 Nov 2019): The 10 traders into the final round will  garner for votes from the public during this period. The trader with the highest number of votes will win the “People’s Choice Award”. 

Join the tournament here: http://bit.ly/SGATT2019

 

What is a Daily Leverage Certificate (DLC)?

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: 5x Long DBS 

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: 5x Short Tencent 

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.

Read this for more details on how DLC works.

[Tutorial] How to start trading and being on the leaderboard for this tournament:

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Live Trading Hour – Serving Up Opportunities at Lunchtime by SGX

Live Trading Hour – Serving Up Opportunities at Lunchtime by SGX

We’re only one week away from the SG Active Trading Tournament!

Looking for good trades for a good start to the tournament when it starts on 14 Oct? SGX is having a Live Trading Hour with @robinho, on the same Monday 14 Oct from 12.30pm – 1.30pm!

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Get trading ideas from Robin will be covering the following market events, and how they can affect your trading plans that can be actionable in the tournament:

✔ High level US-China trade talk is scheduled in Oct with increasing optimism; how do traders view this upcoming trade negotiation?
✔ Gold recorded a 22% gain YTD, is there more upside for this commodity?
✔ How will the market there react after China’s landmark 70th National Day?

Register for the seminar here.

If you’ve not registered for the upcoming trading tournament, register here for free: http://bit.ly/SGATT2019


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One stock that gave more than 30% in 3 months, even amidst the Trade War

One stock that gave more than 30% in 3 months, even amidst the Trade War

Lately, markets around the world have been volatile because of the ongoing Trade War.

Fears of recession amidst the trade war have been looming since the last few months.

But, we found one company that still managed to shine bright.

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In fact, it shined very, very bright.

What is this company, what exactly does it do and what are the returns like?

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7 Key Takeaways from the Trading For Alpha: Active Traders’ Rally Event

7 Key Takeaways from the Trading For Alpha: Active Traders’ Rally Event

Our exclusive event, Trading For Alpha: Active Traders’ Rally was a full house last Saturday at SGX Auditorium!

We had the line up of active traders: Dan Chang, Jonathan Tan, Alvin Li and Ong Bee Heng.

First, we had Dan Chang presenting on How To Effectively Find Alpha By Reading Market Depth.20190921_091243Key takeaway: Market Depth is indeed useful to identify potential areas of support and resistance, but should also be used with other indicators like volume!

Second, we had Jonathan Tan to show the audience How Active Traders Think and Trade.20190921_095914Key takeaway: Traders should be able to identify the ‘hammer’ or ‘shooting star’ formation to increase their chances of having good trades.

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Register for The SG Active Trading Tournament 2019

Register for The SG Active Trading Tournament 2019

Go head-to-head with other traders in the biggest trading simulation tournament in Singapore: The SG ACTIVE TRADING TOURNAMENT 2019!

Hurry register here: http://bit.ly/SGATT2019

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Participants will be given virtual capital to trade using real market data with $15,000 worth of prizes up for grab. Also, stand a chance to WIN an iPhone 11 Pro just by registering as a participant!

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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!

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