Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
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njr
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by njr » Mon, 12 Aug 2013 12:39 pm
Not all loose money but the majority of them do
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BillyB
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by BillyB » Tue, 13 Aug 2013 10:39 pm
Wd40 wrote:I thought day traders always lose money. I would be interested to know if anyone consistently makes money by trading gains alone.
I'd estimate that 95-97% do. The ones that make a living from it have plenty of capital to burn through, very good brokers / contacts in the industry, and are very selective about which technology and market data to use.
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Wd40
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by Wd40 » Tue, 13 Aug 2013 10:46 pm
BillyB wrote:Wd40 wrote:I thought day traders always lose money. I would be interested to know if anyone consistently makes money by trading gains alone.
I'd estimate that 95-97% do. The ones that make a living from it have plenty of capital to burn through, very good brokers / contacts in the industry, and are very selective about which technology and market data to use.
I would also imagine many among the remaining 3-5% are trading on some sort of insider information.
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BillyB
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by BillyB » Tue, 13 Aug 2013 11:09 pm
Wd40 wrote:BillyB wrote:Wd40 wrote:I thought day traders always lose money. I would be interested to know if anyone consistently makes money by trading gains alone.
I'd estimate that 95-97% do. The ones that make a living from it have plenty of capital to burn through, very good brokers / contacts in the industry, and are very selective about which technology and market data to use.
I would also imagine many among the remaining 3-5% are trading on some sort of insider information.
That's what I was alluding to!
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njr
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by njr » Thu, 05 Sep 2013 2:09 pm
This is a message for Zeke. Unfortunately the system won't let me send a PM to you...
Not yet, I am still looking into some other countries and what company models might be the most effective...
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Starting a sole proprietor company in Singapore
Replies: 1
First post
Posting on behalf of a friend (rags)
Currently I am on Ep and as I am planning to go back to my country in mid 2021 I will be surrendering my EP. I...
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Posting on behalf of a friend (rags)
Currently I am on Ep and as I am planning to go back to my country in mid 2021 I will be surrendering my EP. I...
- 1 Replies
- 3172 Views
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Last post by Myasis Dragon
Tue, 30 Mar 2021 1:16 am
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- 98 Replies
- 62927 Views
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Last post by NYY1
Sun, 18 Feb 2024 6:00 pm
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DBS iWealth? or SCB Priority? What about trading fees?
Replies: 2
First post
Hi all
I am planning to open an account either with DBS Treasures or SCB Priority Banking.
Primarily my interest is creating and building an...
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Interactive brokers.
Sent from my Redmi Note 4 using Tapatalk
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- 6806 Views
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Last post by Wd40
Tue, 23 Apr 2019 8:35 pm
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VISA - EXIT DAY IS COUNTED?
Replies: 6
First post
90 day stamp (say); exit day is counted as one day?
Is there a consistent rule , worldwide?
Last post
another thought ........ you could therefore be tax resident (>183 days, depending upon jurisdiction ) in 2 countries by virtue of exit and entry...
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- 3216 Views
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Last post by Strong Eagle
Sat, 28 Sep 2019 9:40 pm
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- 1 Replies
- 2093 Views
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Last post by sundaymorningstaple
Mon, 09 Dec 2019 10:17 pm
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