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[Unlock Your Trading Knowledge with Webull] Quiz 5

Answer the questions below and stand a chance to win a Fujifim Instax Mini Evo Instant Camera worth $309!

Q1: What order types are available on Webull for trading on the US market?

  1. Limit orders

  2. Market orders

  3. Stop orders

  4. Stop-limit orders

  5. All of the above

Q2: What is a forward stock split?

  1. A forward stock split occurs when a company merges with another company to increase the value of its stocks.

  2. A forward stock split happens when a company decreases the number of outstanding shares to increase the stock's price.

  3. A forward stock split is the process of dividing a company's existing stocks to increase the number of shares and enhance the stock's liquidity.

  4. A forward stock split is a strategy used by companies to repurchase their own shares and reduce the number of outstanding shares.

Q3: What are the regular trading hours of the US market in SGT during Eastern Daylight Time (EDT)?

  1. 09:30 SGT to 16:00 SGT

  2. 22:30 SGT to 05:00 SGT

  3. 21:30 SGT to 04:00 SGT

  4. 10:30 SGT to 17:00 SGT

Q4: Open-Ended Question -

How do you handle losses or setbacks in your trading?

The winner will be chosen based on:

i. highest number of correct answers on the multiple-choice questions; and

ii. most insightful and/or informative answer in the written format.

Good luck! ✨

For more info on the prizes and terms & conditions, visit here: https://bit.ly/3ru3z8b

This campaign is brought to you by Seedly and Webull. (https://seedly.sg/reviews/online-brokerages/web...)

Discussion (33)

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Q1=5

Q2= 3

Q3= 3

Q4= I relax by eating spicy food and drinking beer. Then I'll go to the gym and run to get rid of my stress. I found a good companion to share my disappointment. After a week, I review my trading mistakes and note them in my trading error journal.

  1. 5
  2. 3
  3. 3
  4. I handle losses or setbacks in my trading by staying calm and analyzing what went wrong. I try to learn from the experience, adjust my trading strategy if necessary, and avoid making emotional decisions. My focus is on managing risk and maintaining discipline to ensure long-term success in trading.
  1. 5
  2. 3
  3. 3
  4. When it comes to trading, I believe having setbacks or losses is a great learning opportunity, especially because when it involves your hard earned money, you will never forget the lesson. I once bought a stock because of FOMO and I thought that the stock price will go up and I will be successful in riding the trend. Well it ended up in me losing money due to my carelessness and lack of analysis of the stock, for me to commit such a mistake. Since then I kept reminding myself not to buy a stock that I have not performed any background research on, even if it's a stock of a company that we hear very often.Definitely, do your research, reflect on your mistakes, and make trading plans to cut loss when it reaches your threshold.

Q1: 5

Q2: 3

Q3: 3

Q4. I have ever had experiences in setbacks. After a few profitable trades, I became complacent and did not do my usual research on a stock, and decided to put a big sum of money on this stock upon hearing good things from an acquintance. As expected, this stock's price fell sharply, causing me to suffer a substantial loss. I made a difficult decision to cut my losses on this stock and sold it. From then on, I have realised that you should trust no one with your own money except yourself. Do all the necessary due diligence before investing.

1.5

2.3

3.3

4.Trading is like going casino, you need to know when to stop and when to enter.

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