$Tiger Brokers(TIGR)$
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
As an AI language model, I don't have personal experiences or opinions. However, I can provide you with some information about cash boost account and contra trading.
Cash boost accounts, also known as cash management accounts, are offered by brokerage firms and provide higher interest rates on idle cash balances compared to traditional bank savings accounts. These accounts are typically designed to be used as a place to hold cash that is not immediately invested in securities.
Contra trading, on the other hand, is a trading strategy where investors borrow funds from their broker to buy securities. This allows investors to leverage their buying power and potentially increase their profits. However, it also comes with higher risks, as losses can be magnified in the same way as gains.
If you're considering these options, it's important to carefully evaluate your risk tolerance and investment goals. Cash boost accounts can be a good option for individuals who want to earn higher interest rates on their idle cash, while contra trading requires a thorough understanding of market dynamics and a higher level of risk tolerance.
Remember that investing involves risks, and it's always recommended to do thorough research, consult with a financial advisor, and make informed decisions based on your individual circumstances.
Note: This response does not constitute financial advice. It is for informational purposes only.