Saturday, August 26, 2006

SGX Stockwhiz

Hei hei Members,

There is a stock trading game organise by SGX that starts next Monday!!! Yes 28th Aug! So those haven sign up for it, quick! Don't worry, you do not have to pay anything for registering and you do not have to fork out any cash for the game because you will be paper trading an account of 80k. Furthermore, you will have a chance to win cash prize either for being the weekly winner ($1000) over 8 weeks or the overall winner ($6000). For further details, go to www.sgx.com/stockwhiz .

Although, 8 weeks is a bit short to really invest based on "fundamentals", maybe it could give you an idea of how volatile the market can be (if you have not experience it before).

You can also practice "market timing" - buying at lows and selling at high (quite a technical aspect but if implement into fundamentals investing, it might give you a higher safety margin and slightly higher profit)

So folks, lets have fun.

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