03 Jun 2020
Anything else that a newbie to trading/investing should know especially on the SAXO platform or the DBS vickers platform? Thanks!
Yes. You can sell on the same day of purchase.
Settlement takes 2 to 3 days. But its the same for buy and sell.
So if you buy on Monday, the stocks will be in by Thursday. However, you can also sell on monday since the stock will only be deducted on Thursday.
But if you are new, I wont suggest you to do 'trading', which is buying and selling for profit on capital. If your aim is for investing, you should be looking to hold long term.
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DBS Vickers Securities
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