How is trading done especially for moomoo and tiger

Updated May 2022

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While investing through RoboAdvisors is a good step, I would suggest reading up more on the concept of investing and compounded returns which might help with clarifying your confusion.

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I would recommend checking out the following books to learn more about Value Investing before you make a decision to invest your hard-earned money. Book Depository ships books at affordable pricing to Singapore too so I personally use it to get my US investment books, and I hope this helps you.

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Intelligent Investor

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Common Stocks and Uncommon Profits

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One Up On Wall Street

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If you are looking at Moomoo and Tiger Brokers to start trading, there's an ongoing sign-up offer, and I got more than $300 in a week, which is 11.1% yield on my deposits. That's more than the dividend yield paid out across all my SGX shares without investing yet! If you are interested in jumping on the bandwagon to get the rewards, do check out the links below :)

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Moomoo ($40 cash coupon + potentially Tesla Share: up to $1300 with $2700 deposit)

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Tiger (1 Free Grab Share + $5 cash coupon + potentially Tesla Share: up to $1270 with $2000 deposit)

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(Update: With the Student promotion for Moomoo, you only need to deposit $1000 instead of $2700 to get your $240 reward!)

Hi Anon,

It seems like there are 3 different concepts you're asking about here - trading, passive investing, and active investing.

Trading: don't care too much about company fundamentals or profitability. Only concern is buying low and selling high (how returns are generated). Usually don't hold onto positions for very long.

Passive investing: long term buy and hold investing. Most commonly done using index ETFs (similar to Robos), but can also be done for specific stocks after doing technical/financial analyses. Objective is to buy good investments and hold them for 10, 20, 30+ years, where prices would have increased (returns).

Active investing: like an in between of trading and passive investing. Usually more focused on individual stocks with very thorough analyses being done. Objective is to constantly adjust portfolio to maximise profitability to beat market average returns. Usually means will monitor prices to buy in and to take profit.

For your question, yes, it's definitely possible to just buy solid companies after you have done your due diligence and not care about them. The thing you need to be careful about is if there is a major change in the business fundamentals. If you completely forget you have the stocks, if things become worse, you will suffer losses. But if this doesn't happen, then that's good for you, because you will enjoy profits.

If you really want to buy it and forget it, I would recommend going with index investing instead. You don't have to worry about companies becoming worse because you have many other good companies too.

If all of this sounds like too much to take in, maybe stick with Robos for awhile more and do more research to better understand everything.

Hope this helps & all the best!

Regards,
thefrugalstudent