August 18, 2020

Stop observing the ETF market 24 hours a day

Lobang: https://www.moneydigest.sg/stop-observing-the-etf-market-24-hours-a-day/

In recent times, there has been a trend to judge other investors based on their performance. In a simple context, novices begin to analyze others rather than themselves while trading in forex. As millions of people are becoming a part of this finance community, it is difficult to keep a tap on these clients but this habit is growing rapidly. Traders are looking for ingenious solutions like android application. People no longer want to spend days or even hours developing a strategy. They want to absorb knowledge and immediately start trading in the live market. Unfortunately, there is no such app that meets their dream requirements. As a result, it has been noticed that many emerging investors are observing the styles of others are trying to mimic their performance. The result is not always as expected and sometimes it led to complete misconception.

In this article, we are going to talk about this particular phenomenon and explore why this is a damage inflecting method. At a first glimpse, it may seem logical but as you begin to dig deeper, the truths gradually unearth.

It is good as I can observe styles and select the right one for me

No, this is completely a wrong concept. Don’t understand the market wrong. Currency trading has no universal formula, it depends on person to person. An investor may find solace in using short-term techniques such as scalping while others may deem it risky. Both are correct in their perspectives. When a person takes the role of spectator, two things occur simultaneously. Firstly, he slowly loses the ultimate essence of learning the basics. This is like observing a game without actually playing, in this case, capital is at stake.

Secondly, he gets the wrong ideas about trading principles. Human minds are developed uniquely and traders are the same. He gets the vibe that scalping is immensely profitable not knowing this is the most lethal strategy known in this sector. Perceptions are altered and false information is conveyed through channels. Simply doing this make one an incompetent trader who stands no chance against the others. Learn through mistakes and rectify the errors. Do what millions of people are doing, learning, and practicing in a demo account to prepare for live performance.

Underestimates real performers

A critical aspect of this habit is people often misinterpret successful traders. For example, an expert might be labeled as insane if they observe without developing basics. Elementary knowledge helps to distinguish the dangers from certain probabilities of profit. Trading mostly depends on opportunities that you will gradually understand as the career proceeds. If you start judging someone simply they have left their positions open for weeks yet no visible profit is accumulated in the account, the career will not go far.

The real performance focus on market dynamics for a certain time in the day. If ask them which asset you should buy, they will just have a look at the CFD trading platforms online and give you an answer. Many Singaporean traders have developed this skills since they know the proper way to manage the risk factors. They have worked hard in the early stage and only for this reason they can make consistent profit without having any faults. Change your perception on ETF business and try to focus on quality.

Learn elementary concepts

It is hard to change an inherent human nature, therefore we will focus on lessons that will reduce this problem. If this issue persists, read a resource daily and improve the basics. Participate in forex quizzes as they help to check whether the learned lessons have been set in mind. It is not uncommon to discover at a certain stage that investors they viewed as magnificent were using the worst strategies possible and novices in their eyes were the best consistent performers.

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Don’t Say Bojio: $10 Zara Clothes & Shoes in Robinsons Closing Down Sale in JEM

Lobang: https://goodyfeed.com/robinsons-closing-down-sale-jem/

It’s that time of the week again: Super Sales Saturday.

And since we’re now allowed to go out and socialise again, what better things to share with you than cheap shoes and clothes?

How cheap? $10 cheap, and they’re from Robinsons.

Image: Giphy

Don’t Say Bojio: $10 Zara Clothes & Shoes in Robinsons Closing Down Sale in JEM

The folks at Singapore Atrium Sale were taking a jaunt in JEM shopping mall when they came across the Robinsons outlet having massive closing down sales on their Zara products.

Looking for new shoes to complete your outfit?

There are pointed flats

Image: Facebook (Singapore Atrium Sale)

Tastefully designed sneakers that’ll grab the attention of anyone walking past you

Image: Facebook (Singapore Atrium Sale)

And a whole lot of heels for you to choose from:

Image: Facebook (Singapore Atrium Sale)

The best part? They’re all selling at $10.

But that’s not all.

For those who went out to exercise (because there’s nothing else to do during CB) and you’re in need of fitting clothes, now’s your chance to get some without breaking your wallet.

Choose from dresses

Image: Facebook (Singapore Atrium Sale)

To tops

Image: Facebook (Singapore Atrium Sale)

And bottoms

Image: Facebook (Singapore Atrium Sale)

Again, you can get all of that and more for just $10.

If you’re as fond of window-shopping as I am, you’ll know that during normal times, Robinsons can’t exactly be called “affordable” or “cheap”.

So don’t say we bojio hor!

Goodbye Robinsons

Yes, Robinsons, the main anchor tenant for JEM is closing down.

However, their spot won’t be left empty for long because IKEA has announced that they’re going to take over Robinsons when they leave.

IKEA, the giant fast-food restaurant that happens to sell furniture too, is taking over part of the space (about 70,000 sqft of it), and will open a “small-store” concept.

It’s considered small because its other two outlets are buildings by themselves and they’re so big, everyone has been lost within their premises before.

This is something new to the giant Swedish F&B chain.

Unlike its bigger brothers in Tampines and Alexandra, it will not have a children’s playground, but thankfully, there’d still be a restaurant.

The director added, “It will be easier than ever for people to just pop in for some inspiration, home furnishing products and, of course, our Swedish meatballs.”

It’s unknown exactly when the store will be open.

But for those who are worried that IKEA is looking to cancel their plans because #COVID19, don’t worry; last we heard, they’re still carrying on with it.

The post Don’t Say Bojio: $10 Zara Clothes & Shoes in Robinsons Closing Down Sale in JEM appeared first on Goody Feed.

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EZ-Link and Touch ‘n Go have launched a dual-currency cross-border card you can use in Singapore and Malaysia

Lobang: https://www.moneydigest.sg/ez-link-and-touch-n-go-have-launched-a-dual-currency-cross-border-card-you-can-use-in-singapore-and-malaysia/

With the implementation of the Reciprocal Green Lane and Periodic Commuting Arrangement at the Singapore-Malaysia border, comes the news of the launch of a new dual-currency contactless card.

EZ-Link x Touch ’n Go Motoring Card

Termed as the “EZ-Link x Touch ’n Go Motoring Card”, it will allow users to store both Singapore dollars and Malaysian ringgit in two electronic purses on the same card.

“The EZ-Link x Touch ’n Go Motoring Card offers motorists the convenience and flexibility of payment options in both countries,” said EZ-Link in a news release.

“Our EZ-Link x Touch ‘n Go Motoring Card will bring a new level of convenience for motorists who have to travel between the countries often, and offer added safety and flexibility in contactless payment options,” EZ-Link Chief Executive Officer Nicholas Lee adds.

Ways to use the card

In Singapore, the EZ-Link x Touch ’n Go Motoring Card can be used for Electronic Road Pricing (ERP) payments, checkpoint toll charges, and parking fees at some car parks.

While in Malaysia, it can be used to pay highway tolls, checkpoint toll charges, parking fees, MRT, and even bus fares. It is also accepted at Touch n’ Go retail outlets.

Where to buy?

According to EZ-Link, the card can be purchased on the official EZ-Link store on Lazada at S$7 with no load value.

We wanted to purchase one but it was out of stock at the time of writing. You may want to check to see it’s available for purchase in the coming days.

EZ-Link on Lazada

If you can’t get one this month, fret not. In September, it will be available for sale at selected 7-Eleven convenience stores in Singapore for S$10 – inclusive of a S$3 load value in the EZ-Link purse.

You can top up the EZ-Link purse and the Touch ‘n Go purse at regular channels in Singapore and Malaysia respectively.

FAQs
#1: Can I use the EZ-Link x Touch ‘n Go Motoring Card to pay for foreign-vehicle entry fees at the customs when I am travelling from Singapore to Malaysia and vice versa?
For Singapore-registered cars travelling into Malaysia

You may use the EZ-Link x Touch ‘n Go Motoring Card to pay for toll fees entering into Malaysia. 

For foreign-registered cars travelling into Singapore

You can’t use it for payment of Vehicle Entry Permit (VEP) fees.

#2: Where do I top up my EZ-Link x Touch ‘n Go Motoring Card?
Topping up in Singapore

Please top up the EZ-Link purse of your EZ-Link x Touch ‘n Go Motoring Card at 7-Eleven outlets, DBS/POSB ATMs, OCBC ATMs, AXS Stations, top-up machines at PA Community Clubs and Water Venture Outlets, and at selected car parks that accept EZ-Link card payments. Top-up fees apply at certain top-up channels.

Topping up in Malaysia

Please visit this page for top-up locations for the Touch /n Go purse of your EZ-Link x Touch ‘n Go Motoring Card. Please note that top-ups are not available at all 7-Eleven outlets in Malaysia.

#3: How long can I use my EZ-Link x Touch ‘n Go Motoring Card for?

The EZ-Link purse in the EZ-Link x Touch ‘n Go Motoring Card has a lifespan of 5 years whereas the Touch ‘n Go purse has a lifespan of 10 years. You can continue using the Touch ‘n Go purse after the 5 years’ lifespan of the EZ-Link purse.

The post EZ-Link and Touch ‘n Go have launched a dual-currency cross-border card you can use in Singapore and Malaysia appeared first on MoneyDigest.sg.

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