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Q1: What order types are available on Webull for trading on the US market?
Limit orders
Market orders
Stop orders
Stop-limit orders
All of the above
Q2: What is a forward stock split?
A forward stock split occurs when a company merges with another company to increase the value of its stocks.
A forward stock split happens when a company decreases the number of outstanding shares to increase the stock's price.
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.
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)?
09:30 SGT to 16:00 SGT
22:30 SGT to 05:00 SGT
21:30 SGT to 04:00 SGT
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...)
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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.
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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.