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Which is the best trading platform to use?

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Old 06-10-2017, 05:23 PM   #1
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Which is the best trading platform to use?

If I am intending to day trade, what would be the best platform?
Traditional brokerage companies like DBS Vickers commission $25 per trader seems very high. Anyone can advice?
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Old 06-10-2017, 08:55 PM   #2
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If I am intending to day trade, what would be the best platform?
Traditional brokerage companies like DBS Vickers commission $25 per trader seems very high. Anyone can advice?
For day trading, you can just use the prefunded accounts, commissions start at $10++. SCB, KE, Philips Securities and a few others have this service. But you can't go lower than this.
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Old 06-10-2017, 10:37 PM   #3
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If I am intending to day trade, what would be the best platform?
Traditional brokerage companies like DBS Vickers commission $25 per trader seems very high. Anyone can advice?
Stocks is bad for day trading.

Singapore stocks is even more worst for day trading.

If you want to day trade, trade Forex or Futures.
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Old 06-10-2017, 10:50 PM   #4
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you can't day trade SGX stocks profitably lah
even contra players have a near 100% mortality rate

the local platform is simply not suitable. period.
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Old 06-10-2017, 11:09 PM   #5
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Stocks is bad for day trading.

Singapore stocks is even more worst for day trading.

If you want to day trade, trade Forex or Futures.
you can't day trade SGX stocks profitably lah
even contra players have a near 100% mortality rate

the local platform is simply not suitable. period.
Hahaha well said day trading SGX profitably is mission impossible. Even Tom Cruise will shake head too!
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Old 07-10-2017, 01:01 AM   #6
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SGX is worst to day trade lah. In fact stocks is “expensive” to trade.
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Old 07-10-2017, 01:55 AM   #7
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If I am intending to day trade, what would be the best platform?
Traditional brokerage companies like DBS Vickers commission $25 per trader seems very high. Anyone can advice?
u think other non-traditional platforms will be cheaper ?

Non-traditional platforms commissions' usually start at $10 (cheaper than $25 but there are also traditional platforms that also costs only ~$10 as posted by others) BUT there is also a "holding cost" involved.
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Old 16-10-2017, 06:58 AM   #8
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Like the thread starter, I was contemplating trading Singapore stocks. After extensive study and scanning of price volatilities, I realized that it may not be feasible for the following reasons:
1. brokerage cost is relatively expensive compared to other asset classes for frequent trading
2. it would take many days before one realize their profit or loss due to the lack of volatility
3. due to second reason, one may find it difficult to trade based on technical analysis... maybe my skill is not adequate but I find it hard to read patterns or charts based on hourly price actions.
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Old 16-10-2017, 08:08 AM   #9
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Like the thread starter, I was contemplating trading Singapore stocks. After extensive study and scanning of price volatilities, I realized that it may not be feasible for the following reasons:
1. brokerage cost is relatively expensive compared to other asset classes for frequent trading
2. it would take many days before one realize their profit or loss due to the lack of volatility
3. due to second reason, one may find it difficult to trade based on technical analysis... maybe my skill is not adequate but I find it hard to read patterns or charts based on hourly price actions.
then trade what instead ?
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Old 16-10-2017, 10:04 AM   #10
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then trade what instead ?
US, HK, MY, all got moar volume and stocks to choose frm.

u see sg humji leeder? same one. difficult to move sg stocks and difficult to make money.
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Old 16-10-2017, 05:23 PM   #11
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US, HK, MY, all got moar volume and stocks to choose frm.

u see sg humji leeder? same one. difficult to move sg stocks and difficult to make money.
well theres good and bad.

many US stocks can dip from $7 all the way to $2 in just 1 day. but of course, it can also from $2 to $7 in just 1 day.

sg stocks also will drop from $7 to $2, but at least the drop is slow and will always get halted by SGX for query .. so at least can cut loss while the drop is still not that painful yet
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Old 16-10-2017, 05:29 PM   #12
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Volume is important to trade.
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Old 16-10-2017, 05:47 PM   #13
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the best trading platform is the one that you make money.

tank me later.
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Old 16-10-2017, 11:53 PM   #14
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then trade what instead ?
dont trade
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Old 17-10-2017, 09:53 AM   #15
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the best trading platform is the one that you make money.

tank me later.
same as :

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