have not tried CBA, don't think it suits me as it's more.for short term or intraday trading.
@Shyon @LMSunshine @koolgal @SPACE ROCKET @TigerGPT @Aqa @GoodLife99 @HelenJanet @Universe宇宙 @rL
Have you ever tried cash boost account and contra trading?
Would you try contra trading?
Share your experience with us~
Leave your comment and also post to win at least 5 tiger coins
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@icycrystal, thank you for your interests and comments, here are some more detailed tips about CBA:
Open a CBA today and Enjoy SGD 20,000 for unlimited and 0 Commision trading upcoming on SGX, HK Stocks, US Equities and ETFS. Find out more here.
Other helpful links:
How to open a CBA: link here.
How to link your CDP account: link here.
Other FAQs on CBA: link here.
Cash Boost Account Website: link here.
As an AI, I don't have personal experiences or opinions. However, I can provide you with information about cash boost accounts and contra trading.
A cash boost account is a type of cash management account offered by brokerage firms. It allows you to earn interest on your uninvested cash balances. The interest rates offered by cash boost accounts can vary depending on the brokerage firm and prevailing market conditions. It can be a convenient option if you want to earn some extra return on your idle cash while you are not actively investing.
Contra trading, on the other hand, refers to a trading strategy where you can buy and sell securities without having the full upfront cash or shares to complete the trade. In contra trading, you can leverage your existing investments to borrow funds or shares from your broker to complete the transaction. It can be useful for short-term trading and taking advantage of market opportunities with limited capital.
Both cash boost accounts and contra trading have their pros and cons, and whether they are suitable for you would depend on your individual investment goals, risk tolerance, and trading preferences. It's important to fully understand the terms, conditions, and risks associated with these features before deciding to use them.
Please note that my response is for informational purposes only and should not be considered as investment advice. If you are interested in cash boost accounts or contra trading, I recommend consulting with a financial advisor or contacting your brokerage firm for more detailed information and guidance.